Ability Pharmaceuticals

abilitypharma.com ↗ ·Cerdanyola del Vallès ·Series A

Ability Pharmaceuticals is a clinical-stage (phase 2b) biopharmaceutical company based near Barcelona, Spain, developing first-in-class oncology drugs that induce cytotoxic autophagy selectively in cancer cells. Its lead candidate, ABTL0812 (ibrilatazar), is in phase 2b trials for metastatic pancreatic cancer across the USA, Spain, France and Israel, after completing phase 2a in endometrial and lung cancer. Founded in 2009, it has raised over $37M to date including non-dilutive government/EU funding and VC rounds.

Founded
2009
Founders
2
Total funds raised
€13.3M
Rounds
5
Investors
11
Last round
Mar 2024
SectorsBiotechnology, Oncology, Pharmaceuticals, Clinical-stage drug development Start-up MapHealthtech & Bio › Drug discovery & therapeutics developers

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Founders

Carles Domènech
Executive Chairman, CEO & Co-Founder
Jordi Espadaler
Co-Founder & Scientific Advisor

Global models 5

Relay Therapeutics
VC-backed clinical-stage oncology biopharma developing first-in-class small-molecule drugs against novel cancer targets, similar to Ability Pharma's model.
~$520MComparable
Nimbus Therapeutics
Clinical-stage biotech using computational drug discovery to develop novel small-molecule oncology and immunology therapeutics, a comparable VC-funded clinical biopharma model.
~$500MComparable
Kronos Bio
VC-backed clinical-stage oncology company developing first-in-class small-molecule drugs targeting transcriptional regulators in cancer.
~$252MComparable
Casma Therapeutics
The closest direct comparable: a VC-backed biotech built specifically around modulating autophagy to treat cancer and other diseases, later acquired by Sanofi.
$183MComparable
Vescor Therapeutics
USA
Deerfield/MD Anderson-backed biotech discovering small-molecule inhibitors of the autophagy pathway specifically for pancreatic, lung and melanoma cancers, mirroring Ability Pharma's mechanism.
Undisclosed (est. <$50M)Comparable

In the same niche 67 others

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Notes: Most funded first

Investors 11

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Funding rounds 5

·2 not counted
DateRoundAmountLead
Not counted (2)

Not counted in totals

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