Developer of non-nucleotidic small molecule inhibitors for the treatment of cancer and auto-immune diseases
2017
Philadelphia (United States)
Series A
Avammune Therapeutics is a cutting-edge biopharmaceutical company focused on discovering and developing small molecule medicines that harness the power of the body’s innate immune system to fight cancer and autoimmune diseases. Avammune is making waves in the global biotech and healthcare industry.
Avammune’s main focus is on developing small molecule drugs that can modulate the body’s natural immune responses. Their lead drug candidate, AVA-NP-695, is an ENPP1 inhibitor that has shown strong anti-tumor effects in preclinical models of cancers like osteosarcoma, Ewing’s sarcoma, breast cancer and gastrointestinal cancers. It has also shown promise in veterinary cancer patients under compassionate use.
Beyond AVA-NP-695, Avammune is building a pipeline of first-in-class and best-in-class small molecule immunotherapies, including a promising ADAR1 inhibitor (AVA-ADR-001) that has demonstrated significant anti-tumor activity in preclinical studies. Their scientific approach targets key pathways like STING, which can enhance the effectiveness of other cancer therapies, such as checkpoint inhibitors.
Avammune Therapeutics operates as a research-driven biotech company, with its primary revenue model centered around the discovery, development and commercialization of novel small molecule drugs for cancer and autoimmune diseases.
Licensing & Partnerships: Avammune’s main source of revenue is expected to come from licensing its drug candidates or technology platforms to larger pharmaceutical companies. These deals can include upfront payments, milestone payments (when certain goals are met) and royalties on future sales.
Collaborative R&D Agreements: The company is in advanced talks with pharma and biotech firms to jointly develop and bring its therapies to clinical trials-often sharing both the risks and potential rewards.
Direct Commercialization: As its drugs progress through clinical trials and (if approved) reach the market, Avammune may generate revenue from direct sales, especially in key markets like the US, India and potentially Europe.
Grants and Non-Dilutive Funding: Like many early-stage biotech companies, Avammune may also receive grants or government funding to support its R&D, especially for innovative therapies addressing unmet medical needs.
B2B: Large pharmaceutical companies, biotech firms and research institutions interested in innovative immunotherapies.
B2C: Cancer and autoimmune disease patients, once the drugs are approved for clinical use.
Product Innovation: Avammune is investing heavily in expanding its drug pipeline, with a focus on orally available small molecules that target novel immune pathways.
Clinical Advancement: The company is using its latest funding to push its lead assets into clinical trials, aiming for first-in-human studies and proof-of-concept data.
Strategic Partnerships: Avammune is actively seeking collaborations with major pharmaceutical companies to accelerate clinical development and eventual commercialization.
Market Expansion: While based in the US, Avammune leverages its Indian origins to tap into both Western and emerging markets, maximizing its reach and impact.
$12 Million
4
$12.0 Million, Series A
as of May 12, 2025
-
as of N/A
N/A
as of N/A
TCA
and 6 more1
East Ocyon Bio
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
May 12, 2025 | Series A | $12.0 Million | - | - | - | Capital 2B, Shastra VC, IvyCap Ventures Advisors, 1Crowd, Kotak Alternate Asset Managers |
July 16, 2022 | Series A | Undisclosed | - | - | - | TCA |
March 10, 2022 | Series A | Undisclosed | - | - | - | JITO Incubation & Innovation Foundation |
July 9, 2019 | Series A | Undisclosed | - | - | - | - |