Phoenix Molecular Designs is a biopharmaceutical company designing precise cancer therapeutics by targeting kinases.
Phoenix Molecular Designs is developing precise cancer therapeutics with a platform technology focused on developing first-in-class kinase inhibitors designed to uniquely target p90 ribosomal S6 kinase (RSK). Their world-renowned leadership team boasts over 100 years of oncology experience from notable affiliations such as Genentech, Pfizer and Eli Lily. The company completed a Phase 1 first-in-human clinical trial with lead asset, PMD-026, as of Oct 2020, treating women with metastatic breast cancer. A Phase 1b mono-therapy trial is now open in triple negative breast cancer (TNBC) in 9 leading medical centers across the United States.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Nov 20, 2019 | Seed | $4.99M | 1 | World Changing Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
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World Changing Ventures | Yes | Seed |