Abbisko Therapeutics - About the company
Abbisko Therapeutics is a public company based in Shanghai (China), founded in 2016. It operates as a Developing novel small molecule drugs for immunomodulatory pathways to treat cancer. Abbisko Therapeutics has raised $263M in funding from investors like Temasek, The Carlyle Group and TF Capital. The company has 60 active competitors, including 17 funded and 21 that have exited. Its top competitors include companies like Enliven Therapeutics, Rigel and BlossomHill Therapeutics.
Company Details
Abbisko therapeutics is developing novel small molecule drugs for immunomodulatory pathways to treat cancer. The company's pipeline has three preclinical candidates. The exact mechanism of action of each moleule has not been disclosed but the company is possibly advancing a STING/TLR activator, IDO/CSF1R inhibitor and TGF agonist. The company's integrated R&D center locates in the Shanghai Zhangjiang Hi-Tech Park. The company claims to be surrounded by numerous top CRO, CMO and clinical contract organizations in the area, with whom they collaborate o research in drug discovery and development. In the future, the company aims to target other diseases such as liver disease, viral infections and mental disease
Key Metrics
Founded Year
2016
Location
Shanghai, China
Stage
Public
Total Funding
$263M in 4 rounds
Latest Funding Round
Ranked
8th among 60 active competitors
Employee Count
51 - 200 as on Jul 01, 2024
Similar Companies
Exit Details
Public
Abbisko Therapeutics's IPO details
Abbisko Therapeutics got listed on Oct 13, 2021.
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Abbisko Therapeutics's funding and investors
Abbisko Therapeutics has raised a total funding of $263M over 4 rounds. Its first funding round was on Feb 05, 2017. Its latest funding round was a Series D round on Jan 08, 2021 for $*****. 11 investors participated in its latest round. Abbisko Therapeutics has 18 institutional investors.
Here is the list of recent funding rounds of Abbisko Therapeutics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 08, 2021 | 8308020 | Series D | 1917885 | 2934669 | 5983911 | 2830434 |
Mar 25, 2020 | 7139335 | Series C | 2089183 | 3888387 | 4934742 | |
Mar 21, 2019 | 3291311 | Series B | 8392989 | 4082957 |
View details of Abbisko Therapeutics's funding rounds and investors
Abbisko Therapeutics' founders and board of directors
Founder? Claim ProfileAbbisko Therapeutics' employee count trend
Abbisko Therapeutics has 51 - 200 employees as of Jul 24. Here is Abbisko Therapeutics's employee count trend over the years:
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Abbisko Therapeutics's Competitors and alternates
Top competitors of Abbisko Therapeutics include Enliven Therapeutics, Rigel and BlossomHill Therapeutics. Here is the list of Top 10 competitors of Abbisko Therapeutics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Enliven Therapeutics 2019, Boulder (United States), Public | Developer of drugs for solid tumours and blood cancers | $140M | 67/100 | |
2nd | Rigel 1996, San Francisco (United States), Public | Developer of drugs for hematologic disorders, cancer, and rare immune disease | - | 64/100 | |
3rd | BlossomHill Therapeutics 2020, San Diego (United States), Series B | Developer of small molecule oncology therapeutics for treating cancer patients | $257M | 63/100 | |
4th | Q32 Bio 2018, Cambridge (United States), Public | Developer of drugs for treating autoimmune disorders | $106M | 63/100 | |
5th | Nuvalent 2017, Cambridge (United States), Acquired | Developer of therapeutic solutions for the treatment of cancer | $185M | 61/100 | |
6th | NewAmsterdam Pharma 2019, Naarden (Netherlands), Public | Developer of transformative therapeutic solutions for cardio-metabolic diseases | $196M | 59/100 | |
7th | Nura Bio 2018, San Francisco (United States), Series B | Provider of solution for diagnosis of a neurological disorder and neuroprotective medicines | $215M | 59/100 | |
8th | Abbisko Therapeutics 2016, Shanghai (China), Public | Developing novel small molecule drugs for immunomodulatory pathways to treat cancer | $263M | 59/100 | |
9th | Sonnet BioTherapeutics 2011, Princeton (United States), Public | Developer of immunotherapies for the treatment of cancer | $750K | 57/100 | |
10th | Kleo Pharmaceuticals 2015, New Haven (United States), Acquired | Developing a new class of immunotherapies utilizing small molecules to activate an individual's own immune system to fight against cancers and infectious diseases | $34.7M | 53/100 |
Looking for more details on Abbisko Therapeutics's competitors? Click here to see the top ones
Abbisko Therapeutics's Investments and acquisitions
Abbisko Therapeutics has made no investments or acquisitions yet.
News related to Abbisko Therapeutics
Media has covered Abbisko Therapeutics for a total of 14 events in the last 1 year, 4 of them have been about company updates and 4 about partnerships.
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SEGRO stock surges as board rejects Prologis’ £12.6bn warehouse takeover proposalBusiness News Today•Jun 28, 2026•Lilly, Abbisko Therapeutics
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YMCA of the USA Partners with AstraZeneca to Expand Cancer Programs NationwideGlobeNewswire•Jun 24, 2026•YMCA, AstraZeneca, Abbisko Therapeutics
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AACR 2026 | Abbisko Therapeutics Showcases Six Research AdvancesPR Newswire•Apr 22, 2026•Abbisko Therapeutics
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Abbisko Therapeutics’ Pimicotinib Approved for TGCT by China NMPAGlobeNewswire•Dec 22, 2025•Abbisko Therapeutics
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