PamBio

Antifibrinolytic Therapy for Acute Bleeding Conditions

Health Tech & Life Sciences
Non Active, Jan 2019 ceased to operate
Series A Nazareth Founded 2014
Total raised
$10.0M
Last: Series A 2016-07
Stage
Series A
Founded
2014
Headcount
6
HQ
Nazareth
Sector
Health Tech & Life Sciences

About

PamBio is a biotechnology company developing drug therapy for hemorrhagic stroke (e.g. intracranial bleeding and ICH) and other acute bleeding conditions. PamBio's solution for ICH drug treatment is an inactive recombinant mutant-tPA protein. Its S481A amino-acid substitution renders the protein catalytically inactive but maintains its structure and ability to interact with major components of the fibrinolytic pathway. In essence, the mutant-tPA drug molecule is a competitive inhibitor to the native-tPA. This therapeutic biomolecule has a dual antifibrinolytic and neuroprotective effect. It blocks both tPA and uPA fibrinolysis enzyme activity, enabling treatment beyond three hours, and it limits tPA and glutamate-mediated neurotoxicity by blocking the binding of the neurotoxic tPA to NMDA receptors, thus providing neuroprotection. PamBio is an NGT3 VC portfolio company.

Funding history · 2 rounds · $10.0M total

2016-07
Series A $7.0M
2015-01
Seed $3.0M

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Technologies
Biologicals
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business model
B2B

Tags

pharma-companiesdrug-designpharmaceuticalsdrug-developmentdrug-development