Morphimmune

Morphimmune

Morphing cell biology through best-in-class chemistry. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$60—90m (Dealroom.co estimates May 2023.)
West Lafayette Indiana (HQ)
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DateInvestorsAmountRound
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N/A

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$17.1m

Late VC
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N/A

$15.0m

Early VC
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N/A

Acquisition
Total Funding$32.1m

Recent News about Morphimmune

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MorphImmune is a cutting-edge biotechnology startup focused on reprogramming the immune system to treat diseases. The company operates in the biopharmaceutical market, specifically targeting immune and cancer therapies. MorphImmune's unique approach involves using targeted effector molecules to modulate the behavior of abnormal immune cells or malignant (cancerous) cells. This means they develop specialized molecules that can either change how these problematic cells behave or eliminate them entirely.

The company serves a range of clients, primarily in the healthcare sector, including hospitals, research institutions, and pharmaceutical companies. Their business model revolves around developing proprietary compounds and therapies that can be licensed or sold to larger pharmaceutical companies. For instance, one of their therapies, 177 Lu PSMA, a targeted radioligand therapy for cancer, has already received FDA Breakthrough Therapy Designation and was acquired by Novartis from Endocyte.

MorphImmune makes money by advancing their proprietary targeting platform, which uses a ligand-linked effector to either reprogram or remove dysfunctional cells. This platform has shown proof of concept, meaning it has demonstrated its effectiveness in initial tests. The company develops both proprietary molecules and uses proven, potent molecules, which reduces the risk associated with new drug development. Their chemistry-based approach allows for rapid development and scalability in manufacturing, making it easier to bring new therapies to market quickly.

In summary, MorphImmune is revolutionizing the treatment of immune and cancer-related diseases through its innovative, highly specific targeting platform. By focusing on both the development and licensing of their therapies, they are positioned to make significant impacts in the biopharmaceutical industry.

Keywords: Biotechnology, Immune System, Cancer Therapy, Targeted Molecules, Ligand-Linked Effector, Proprietary Compounds, FDA Breakthrough, Radioligand Therapy, Drug Development, Biopharmaceutical Market.