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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
Investors
Ranked
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:lockFilter this list
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
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Abbisko Therapeutics' founders and board of directors

Founder? Claim Profile

Abbisko 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:
Employee count trend for Abbisko Therapeutics
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Enliven Therapeutics
Enliven Therapeutics
2019, Boulder (United States), Public
Developer of drugs for solid tumours and blood cancers
$140M
67/100
2nd
Logo for Rigel
Rigel
1996, San Francisco (United States), Public
Developer of drugs for hematologic disorders, cancer, and rare immune disease
-
64/100
3rd
Logo for BlossomHill Therapeutics
BlossomHill Therapeutics
2020, San Diego (United States), Series B
Developer of small molecule oncology therapeutics for treating cancer patients
$257M
63/100
4th
Logo for Q32 Bio
Q32 Bio
2018, Cambridge (United States), Public
Developer of drugs for treating autoimmune disorders
$106M
63/100
5th
Logo for Nuvalent
Nuvalent
2017, Cambridge (United States), Acquired
Developer of therapeutic solutions for the treatment of cancer
$185M
61/100
6th
Logo for NewAmsterdam Pharma
NewAmsterdam Pharma
2019, Naarden (Netherlands), Public
Developer of transformative therapeutic solutions for cardio-metabolic diseases
$196M
59/100
7th
Logo for Nura Bio
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
Logo for Abbisko Therapeutics
Abbisko Therapeutics
2016, Shanghai (China), Public
Developing novel small molecule drugs for immunomodulatory pathways to treat cancer
$263M
59/100
9th
Logo for Sonnet BioTherapeutics
Sonnet BioTherapeutics
2011, Princeton (United States), Public
Developer of immunotherapies for the treatment of cancer
$750K
57/100
10th
Logo for Kleo Pharmaceuticals
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
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Abbisko Therapeutics's Investments and acquisitions

Abbisko Therapeutics has made no investments or acquisitions yet.

News related to Abbisko Therapeutics

lockFilter this list
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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FAQs about Abbisko Therapeutics

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