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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
Part Of
Key Metrics
Founded Year
2000
Location
Toronto, Canada
Stage
Acqui-Hired
Total Funding
$33M in 3 rounds
Ranked
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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
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spero Therapeutics
Spero Therapeutics
2013, Cambridge (United States), Public
Developer of therapeutics for drug-resistant bacterial infections
$115M
69/100
2nd
Logo for Locus Biosciences
Locus Biosciences
2015, Raleigh (United States), Series B
Developer of therapeutics for infectious disease and inflammatory indications
$67.3M
64/100
3rd
Logo for LimmaTech Biologics
LimmaTech Biologics
2015, Schlieren (Switzerland), Acquired
Developing bioconjugate vaccines using glycoengineering and protein glycosylation techniques
$40M
63/100
4th
Logo for Paratek Pharma
Paratek Pharma
1996, Boston (United States), Acquired
Developer of therapeutics for antimicrobial resistant infections
$96.5M
61/100
5th
Logo for Melinta Therapeutics
Melinta Therapeutics
2000, Morristown (United States), Acquired
Developer of therapeutics for antibiotic-resistant infections
$186M
61/100
6th
Logo for Everest Medicines
Everest Medicines
2017, New York City (United States), Public
Developer of drugs for the treatment of cancer
$313M
61/100
7th
Logo for Bioversys
Bioversys
2008, Basel (Switzerland), Public
Developer of therapeutics for Antimicrobial Resistance
$62.5M
61/100
8th
Logo for MicuRx Pharmaceuticals
MicuRx Pharmaceuticals
2007, Foster City (United States), Series E
Develops antibiotics against multidrug-resistant (MDR) superbug infections
$272M
60/100
9th
Logo for Vedanta Biosciences
Vedanta Biosciences
2010, Cambridge (United States), Series E
Developer of therapeutics to treat infectious diseases
$410M
59/100
10th
Logo for smartbax
smartbax
2021, Munich (Germany), Seed
Developer of multi-targeted antibacterial compounds
$7.51M
59/100
103rd
Logo for Affinium Pharmaceuticals
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

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