PhaseBio Pharmaceuticals

PhaseBio Pharmaceuticals

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Organization

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Overview

PhaseBio is a clinical-stage biopharmaceutical company committed to developing new and improved drugs, with an initial focus on endocrine and metabolic disorders and cardiovascular disease. The company uses its proprietary recombinant biopolymers called elastin-like polypeptides (ELPs) to improve the stability, bioavailability, activity, and ease of administration of proteins and peptides, with the goal of achieving greater potency, fewer side effects, and better patient compliance. Efficient production in E. coli ensures a low cost of goods.

PhaseBio’s lead drug candidate, PB1023, is currently being evaluated in a phase 2b clinical trial for the treatment of hyperglycemia associated with type 2 diabetes, with potential for future use in the treatment of obesity. Our second drug candidate, Vasomera, is currently being evaluated in phase 1 clinical trial and has exciting potential for use in the treatment of pulmonary arterial hypertension (PAH) and heart failure. Its third program, Insumera, basal insulin based on native human insulin, will enter clinical trials in early 2013.

PhaseBio is based in Malvern, Pennsylvania.

About

Industries

Biotechnology, Pharmaceutical, Medical, Medical Device

Founded

2002

Employees

51-100

Headquarters locations

United States, North America

Social

N/A

Profile Resume

PhaseBio Pharmaceuticals headquartered in United States, North America, operates in the Biotechnology, Pharmaceutical, Medical, Medical Device sector. The company focuses on Biotechnology and has secured $57.1B in funding across 176 round(s). With a team of 51-100 employees, PhaseBio Pharmaceuticals is actively contributing to advancements in Biotechnology. Their latest funding round, Series B - PhaseBio Pharmaceuticals, raised $25.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Craig A. Rosen

Craig A. Rosen

Executive Chairman & CSO

imagePlace Christopher Prior

Christopher Prior

CEO

imagePlace Jonathan Mow

Jonathan Mow

Chief Executive Officer

imagePlace Susan Arnold

Susan Arnold

Vice President of Preclinical and Assay Development

imagePlace Ashutosh Chilkoti

Ashutosh Chilkoti

Founder & Board Member

Funding Rounds

Funding rounds

11

Investors

5

Lead Investors

0

Total Funding Amount

$324.3M

Details

5

PhaseBio Pharmaceuticals has raised a total of $324.3M in funding over 5 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2002Early Stage Venture
2015Late Stage Venture40.0M
2012Early Stage Venture23.0M
2010Early Stage Venture25.0M

Investors

PhaseBio Pharmaceuticals is funded by 35 investors.

Investor NameLead InvestorFunding RoundPartners
Johnson & Johnson Development Corporation-FUNDING ROUND - Johnson & Johnson Development Corporation40.0M
Guy Fish-FUNDING ROUND - Guy Fish40.0M
PhaseBio Pharmaceuticals-FUNDING ROUND - PhaseBio Pharmaceuticals40.0M
Fletcher Spaght, Inc.-FUNDING ROUND - Fletcher Spaght, Inc.40.0M

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