Phoenix Molecular Designs

company

About

Phoenix Molecular Designs is a biopharmaceutical company designing precise cancer therapeutics by targeting kinases.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$4.99M
Industries
Biotechnology,Health Care,Therapeutics
Founded date
Jan 1, 2012
Number Of Employee
11 - 50
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$4.99M
Phoenix Molecular Designs has raised a total of $4.99M in funding over 2 rounds. Their latest funding was raised on Nov 20, 2019 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 20, 2019 Seed $4.99M 1 World Changing Ventures Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Phoenix Molecular Designs is funded by 1 investors. World Changing Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
World Changing Ventures Yes Seed