Numab Therapeutics AG

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Numab Therapeutics AG - overview

Established

2011

Location

-, -, Switzerland

Primary Industry

Biotechnology

About

Numab Therapeutics AG, based in Switzerland, focuses on developing innovative multi-specific antibody-based immunotherapies targeting inflammation and cancer, utilizing proprietary platforms to create customized therapeutic solutions. Founded in 2011 and headquartered in Zurich, Switzerland, Numab Therapeutics AG specializes in immunotherapy development. The company has successfully raised CHF 50. 000 mn in its SERIES C funding round as of January 9, 2025, led by notable investors including Cormorant Asset Management and HBM Partners.


Peter Lichtlen is the founder, with David Urech serving as CEO. Numab Therapeutics AG specializes in developing multi-specific antibody-based immunotherapies with a focus on inflammation and cancer. Their flagship products leverage two proprietary platforms, λ-Cap™ and MATCH™, aiding in the creation of tailored therapeutic options. Notably, their lead candidate NM26 targets IL-4Rα and IL-31 for atopic dermatitis and related disorders.


The company collaborates with pharmaceutical partners like Kaken Pharmaceutical Co. , Ltd in Japan to enhance product development and reach key markets across Europe, North America, and Asia. Numab Therapeutics AG generates revenue through strategic collaborations with pharmaceutical companies for therapy development and commercialization. Their revenue model is primarily B2B, relying on partnerships that fund research and clinical development in return for licensing rights or profit-sharing agreements.


This approach is critical for advancing their pipeline and ensuring a stable revenue flow as their products progress through clinical trials. Numab Therapeutics AG plans to further its growth by launching new products, including advancing NM26 through clinical trials. The recent CHF 50. 000 mn raised in SERIES C funding will support these initiatives, enhancing their capacity for product development.


The company aims to expand its market presence in Europe, North America, and Asia by strategically collaborating with pharmaceutical partners and advancing their therapeutic offerings in these regions.


Current Investors

Mitsubishi UFJ Capital, Eisai Co, 3SBio Inc.

Primary Industry

Biotechnology

Sub Industries

Biopharmaceuticals, Oncology/Cancer Treatment, Pharmaceutical Research & Development

Website

www.numab.com

Company Stage

Series C

Total Amount Raised

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Numab Therapeutics AG - employee data

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Numab Therapeutics AG - key contacts

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