Avenzo Therapeutics
↗San Diego, USA
Avenzo Therapeutics is a clinical-stage biotechnology company dedicated to developing next-generation oncology therapies for patients with high unmet medical needs. Founded by the former leadership team of Turning Point Therapeutics, the company focuses on targeting cell cycle regulators and advancing a robust pipeline of antibody-drug conjugates (ADCs) and small molecule inhibitors.
The company leverages a precision medicine approach to identify and develop candidates that can overcome resistance mechanisms in solid tumors. Their strategy includes both internal R&D and strategic in-licensing of potentially best-in-class assets from global partners.
CLASSIFICATION
SIZE & FINANCIALS
Employees:51-200
Revenue:Pre-revenue
Founded:2022
Ownership:private
Status:operating
FUNDING
Stage:Series B
Total Raised:$446M
Investors:OrbiMed, Foresite Capital, SR One, Lilly Asia Ventures, New Enterprise Associates (NEA), Deep Track Capital, Sofinnova Investments, Sands Capital, Longwood Fund
PIPELINE
Stage:Phase 2
Lead Drug Stage:Phase 1/2
Modalities:Small molecule, Antibody-Drug Conjugate (ADC), Bispecific ADC
Active Trials:4
Trial Phases:Phase 1: 2 | Phase 2: 2
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:Allorion Therapeutics (Global license for AVZO-021), VelaVigo (License for AVZO-103), DualityBio (License for AVZO-1418), Gilead Sciences (Clinical collaboration for Trodelvy combination)
COMPETITION
Position:Emerging
Competitors:Pfizer (PF-07104091), Blueprint Medicines (BLU-222), Incyte (INCB123667), AstraZeneca
LEADERSHIP
Key Executives:
Athena Countouriotis, M.D. - CEO & Co-founder
Mohammad Hirmand, M.D. - CMO & Co-founder
Scott Lipman, MBA - CFO & CBO
Scientific Founders:Athena Countouriotis, Mohammad Hirmand
Board Members:Athena Countouriotis, Jakob Dupont (Sofinnova), David Bonita (OrbiMed), Michael G. Rome (Foresite)
LINKS
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