Company Directory > Biotech > X4 Pharmaceuticals
X4 Pharmaceuticals is a late-stage clinical biopharmaceutical company dedicated to delivering novel therapies for patients with rare diseases of the immune system. The company's primary focus is on the development and commercialization of small-molecule antagonists of the CXCR4 receptor, a key pathway involved in the movement of white blood cells from the bone marrow into the bloodstream. The company reached a major milestone in April 2024 with the FDA approval of its lead product, XOLREMDI (mavorixafor), the first targeted therapy for WHIM syndrome. X4 is currently expanding its clinical focus to include chronic neutropenic disorders, leveraging its oral CXCR4 platform to address significant unmet needs in rare hematology and immunology.
CLASSIFICATION
Company Type:Biotech
Industry:Biotechnology
Sub-Industry:Rare Disease Therapeutics
SIZE & FINANCIALS
Employees:51-200
Revenue:$25M-$50M
Founded:2014
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
Total Raised:$340M
Investors:Coastlands Capital, Bain Capital Life Sciences, New Enterprise Associates (NEA), Orbimed, Adage Capital Management
STOCK
Exchange:NASDAQ
Ticker:XFOR
Market Cap:$294M
PIPELINE
Stage:Commercial
Lead Drug Stage:Approved (XOLREMDI)
Modalities:Small molecule
Active Trials:5
Trial Phases:Phase 1: 2 | Phase 2: 1 | Phase 3: 2
FDA Approvals:1
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:X4 Pharmaceuticals (Austria) GmbH
Key Partnerships:Abbisko Therapeutics (Licensing for mavorixafor in Greater China), Leukemia & Lymphoma Society (Collaboration on Waldenström’s macroglobulinemia)
COMPETITION
Position:Leader
Competitors:Moderna, Jazz Pharmaceuticals, BeiGene, Incyte, Harmony Biosciences, Regenxbio
LEADERSHIP
Key Executives:
Adam Craig, M.D., Ph.D. - Executive Chairman
John Volpone - President and COO
David Kirske - CFO
Scientific Founders:Paula Ragan, Raj Parekh, Irving Fain, Alan Walts
Board Members:Michael Wyzga (Lead Independent Director), William Aliski, Alison Lawton
LINKS
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