Asklepion Pharmaceuticals, LLC
↗Baltimore, Maryland, USA
Asklepion Pharmaceuticals is a specialty biopharmaceutical company founded in 2006 and headquartered in Baltimore, Maryland. The company is focused on the discovery, development, and commercialization of pharmaceutical products to help patients who have little to no therapeutic options, particularly pediatric patients with rare diseases and critical conditions. Asklepion operates with a lean, specialized team dedicated to developing innovative therapies for unmet medical needs in the pediatric rare disease space.
The company's primary focus is on developing treatment options for children with rare and critical conditions that often lack adequate therapeutic alternatives. Asklepion has successfully brought one drug to FDA approval (Cholbam/cholic acid) and maintains an active pipeline with its lead candidate, intravenous L-citrulline, currently in Phase 3 clinical development for the prevention of acute lung injury in pediatric cardiac surgery patients.
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:-
Industry:Pharmaceuticals
Sub-Industry:Rare Pediatric Disease Therapeutics
SIZE & FINANCIALS
Employees:1-50
Revenue:Not publicly disclosed
Founded:2006
Ownership:private
Status:operating
FUNDING
Stage:Series C or later (estimated)
Total Raised:$91.3M
Investors:Travere Therapeutics (investment stake)
PIPELINE
Stage:Phase 3
Lead Drug Stage:Phase 3 (Intravenous L-citrulline)
Modalities:Small molecule, Amino acid therapy, Bile acid
Active Trials:1
Trial Phases:Phase 3: 1
FDA Approvals:1
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:Vanderbilt University, NetraMark Holdings Inc., AWINSA Life Sciences, Travere Therapeutics, Retrophin, Inc. (now Travere Therapeutics)
COMPETITION
Position:Niche Player
Competitors:OncoImmunin, Intralytix, Vigene Biosciences, Other rare pediatric disease biotech companies
LEADERSHIP
Key Executives:
Gary Pasternack - Chief Executive Officer (CEO)
Jeff Courtney - Chief Operating Officer (COO) / Managing Director
Dr. Gurdyal Kalsi - Chief Medical Officer (CMO)
Regulatory Affairs Executive - Senior Vice President, Regulatory Affairs
LINKS
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