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UNION Therapeutics - About the company

UNION Therapeutics is a series B company based in Hellerup (Denmark), founded in 2013 by Morten Otto Alexander Sommer and Rasmus Vendler Toft-Kehler. It operates as a Developer of small molecule antibiotic drugs for treating bacterial infections. UNION Therapeutics has raised $57.1M in funding from European Investment Bank, with a current valuation of $*****. The company has 238 active competitors, including 84 funded and 46 that have exited. Its top competitors include companies like Spero Therapeutics, Locus Biosciences and LimmaTech Biologics.

Company Details

Developer of small molecule antibiotic drugs for treating bacterial infections. It focussed on developing therapies that overcome antibiotic resistance for the treatment of bacterial infections and related disorders. Its lead candidate, ATx201, is a small molecule topical treatment for bacterial skin infections. It also has programsATx202 and ATx401 which are topical and oral treatments for acne and C. difficile infections.
Email ID
*****@uniontherapeutics.com
Phone Number
+45 **********
Registered Address
Tuborg Havnevej 18 2900 Hellerup
Key Metrics
Founded Year
2013
Location
Hellerup, Denmark
Stage
Series B
Total Funding
$57.1M in 12 rounds
Latest Funding Round
Ranked
Annual Revenue
$0 - $1M as on Dec 31, 2022
Employee Count
11 as on Aug 31, 2026
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UNION Therapeutics's funding and investors

UNION Therapeutics has raised a total funding of $57.1M over 12 rounds. Its first funding round was on Aug 12, 2013. UNION Therapeutics has 9 institutional investors.

Here is the list of recent funding rounds of UNION Therapeutics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 30, 2022
6885265
Series B
9560667
3293281
4734371
1078297
Feb 09, 2021
3373867
Series B
3199670
2087847
9427614
7227173
Jun 23, 2020
7187474
Series A
7398004
6453709
5260218
8724434
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UNION Therapeutics' founders and board of directors

Founder? Claim Profile
The founders of UNION Therapeutics are Morten Otto Alexander Sommer and Rasmus Vendler Toft-Kehler. Kim Domela Kjoller is the CEO of UNION Therapeutics.
Here are the details of UNION Therapeutics' key team members:

UNION Therapeutics' Board of Directors

UNION Therapeutics's board has 9 active members. Morten Otto Alexander Sommer, Rasmus Vendler Toft-Kehler, Kim Domela Kjoller and Stig Lokke Pedersen are part of team and Andrew John, Gitte Pugholm Aabo, Morten Højland Boesen, Arthur Higgins and Jutta Heim are independent board members.
Here is the list of UNION Therapeutics' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
14y 11m
utjtupj
Team
-
Past
4y 8m
feyxvtc
Team
-
Current
6y 7m
kmisdpq
Team
-
Past
3y 6m
Independent board member
-
Current
7y 4m
uoenz{j
Independent board member
-
Current
2y 7m
hvkztsk
Independent board member
-
Current
4y 7m
hpnskhi
Independent board member
-
Current
8y 4m
grcvldk
Independent board member
-
Current
7y 2m

UNION Therapeutics' employee count trend

UNION Therapeutics has 11 employees as of Aug 26. Here is UNION Therapeutics's employee count trend over the years:
Employee count trend for UNION Therapeutics
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UNION Therapeutics's Competitors and alternates

Top competitors of UNION Therapeutics include Spero Therapeutics, Locus Biosciences and LimmaTech Biologics. Here is the list of Top 10 competitors of UNION Therapeutics, 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 Windward Bio
Windward Bio
2020, Basel (Switzerland), Series B
Company develops monoclonal antibody therapeutics for immunological and respiratory diseases
$365M
62/100
5th
Logo for Paratek Pharma
Paratek Pharma
1996, Boston (United States), Acquired
Developer of therapeutics for antimicrobial resistant infections
$96.5M
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 RAPT
RAPT
2015, San Francisco (United States), Acquired
Provider of immunology-based drug for oncology and inflammatory diseases
$199M
59/100
10th
Logo for Vedanta Biosciences
Vedanta Biosciences
2010, Cambridge (United States), Series E
Developer of therapeutics to treat infectious diseases
$410M
59/100
33rd
Logo for UNION Therapeutics
UNION Therapeutics
2013, Hellerup (Denmark), Series B
Developer of small molecule antibiotic drugs for treating bacterial infections
$57.1M
50/100
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UNION Therapeutics's Investments and acquisitions

UNION Therapeutics has made no investments or acquisitions yet.

Reports related to UNION Therapeutics

Here is the latest report on UNION Therapeutics's sector:

News related to UNION Therapeutics

lockFilter this list
Media has covered UNION Therapeutics for 1 event in last 1 year, It was about company updates.
•
UNION therapeutics announces full-year results for 2024Cision•Feb 12, 2025•UNION Therapeutics
•
Union plans Phase III trial for atopic dermatitis after Phase IIb winPharmaceutical Technology•Sep 26, 2024•UNION Therapeutics
•
Union Therapeutics shares positive data on atopic dermatitis drug trialclinicaltrialsarena.com•Jun 12, 2024•UNION Therapeutics
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FAQs about UNION Therapeutics

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