Affinium Pharmaceuticals - About the company
Affinium Pharmaceuticals is an acqui-hired company based in Toronto (Canada), founded in 2000. It operates as a Canadian, clinical stage biopharma developing bacterial FAS II-inhibitors, highly specific to Staphylococcus sp. Acquired by Debiopharm. Affinium Pharmaceuticals has raised $33M in funding from Forward Ventures and Ontario Capital Growth Corporation. The company has 212 active competitors, including 77 funded and 40 that have exited. Its top competitors include companies like Spero Therapeutics, Locus Biosciences and LimmaTech Biologics.
Company Details
Affinium Pharmaceuticals was a Canadian, clinical stage biopharma developing bacterial FAS II-inhibitors, highly specific to Staphylococcus sp. As of February 11, 2014, Affinium Pharmaceuticals was acquired by Debiopharm Group. The company has a proprietary antibacterial platform that targets bacterial fatty acid synthesis. The company was developing AFN-1252, and its pro-drug, AFN-1720 for the oral and IV treatment of staphylococcal infections (tested on 5400 strains), including methicillin-resistant S. aureus (MRSA), and vancomycin-intermediate S. aureus (VISA). At the time of acquisition, AFN-1252 had completed a Phase 2a study for the treatment of acute bacterial skin and skin structure infections (ABSSSI), and AFN-1720 was in Phase 1 clinical development. Affinium was previously called Integrative Proteomics, Inc.
- Website
- afnm.com
Key Metrics
Founded Year
2000
Location
Toronto, Canada
Stage
Acqui-Hired
Total Funding
$33M in 3 rounds
Latest Funding Round
Investors
Ranked
103rd among 212 active competitors
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Affinium Pharmaceuticals's funding and investors
Affinium Pharmaceuticals has raised a total funding of $33M over 3 rounds. Its first funding round was on Mar 26, 2007. Affinium Pharmaceuticals has 5 institutional investors.
Here is the list of recent funding rounds of Affinium Pharmaceuticals:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 09, 2013 | 1089097 | Conventional Debt | 4773447 | 5970931 | 4183356 | 4032401 |
Aug 30, 2011 | 5676348 | Series B | 9392400 | 7319313 | 6434050 | |
Mar 26, 2007 | 5800291 | Series A | 6588921 | 2358948 |
View details of Affinium Pharmaceuticals's funding rounds and investors
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Affinium Pharmaceuticals's Competitors and alternates
Top competitors of Affinium Pharmaceuticals include Spero Therapeutics, Locus Biosciences and LimmaTech Biologics. Here is the list of Top 10 competitors of Affinium Pharmaceuticals, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Spero Therapeutics 2013, Cambridge (United States), Public | Developer of therapeutics for drug-resistant bacterial infections | $115M | 69/100 | |
2nd | Locus Biosciences 2015, Raleigh (United States), Series B | Developer of therapeutics for infectious disease and inflammatory indications | $67.3M | 64/100 | |
3rd | LimmaTech Biologics 2015, Schlieren (Switzerland), Acquired | Developing bioconjugate vaccines using glycoengineering and protein glycosylation techniques | $40M | 63/100 | |
4th | Paratek Pharma 1996, Boston (United States), Acquired | Developer of therapeutics for antimicrobial resistant infections | $96.5M | 61/100 | |
5th | Melinta Therapeutics 2000, Morristown (United States), Acquired | Developer of therapeutics for antibiotic-resistant infections | $186M | 61/100 | |
6th | Everest Medicines 2017, New York City (United States), Public | Developer of drugs for the treatment of cancer | $313M | 61/100 | |
7th | Bioversys 2008, Basel (Switzerland), Public | Developer of therapeutics for Antimicrobial Resistance | $62.5M | 61/100 | |
8th | MicuRx Pharmaceuticals 2007, Foster City (United States), Series E | Develops antibiotics against multidrug-resistant (MDR) superbug infections | $272M | 60/100 | |
9th | Vedanta Biosciences 2010, Cambridge (United States), Series E | Developer of therapeutics to treat infectious diseases | $410M | 59/100 | |
10th | Developer of multi-targeted antibacterial compounds | $7.51M | 59/100 | ||
103rd | Affinium Pharmaceuticals 2000, Toronto (Canada), Acqui-Hired | Canadian, clinical stage biopharma developing bacterial FAS II-inhibitors, highly specific to Staphylococcus sp. Acquired by Debiopharm | $33M | 32/100 |
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Affinium Pharmaceuticals's Investments and acquisitions
Affinium Pharmaceuticals has made no investments or acquisitions yet.
Reports related to Affinium Pharmaceuticals
Here is the latest report on Affinium Pharmaceuticals's sector:
News related to Affinium Pharmaceuticals
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Affinium Pharmaceuticals Appoints of Ed Mascioli, MD to the Position of CEOFierce Biotech•Mar 28, 2013•Affinium Pharmaceuticals
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Affinium Pharmaceuticals Closes $15M FinancingFinSMEs•Aug 30, 2011•Affinium Pharmaceuticals, Forward Ventures, Ontario Capital Growth Corporation, Genesys Capital and 1 other
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(BW) Affinium Pharmaceuticals Welcomes Dr. Barry Hafkin as Chief Medical OfficerThe Houston Chronicle•Apr 02, 2007•Affinium Pharmaceuticals
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