Ability Pharmaceuticals
- Ability Pharma
Cerdanyola del Vallès · Founded 2012 · $8.6M raised
- Headquarters
- Cerdanyola del Vallès
- Employees
- 11–50
- Founded
- 2012
- Business Model
- B2B
- Website
- abilitypharma.com
- Total Funding
- $8.6M
- Last Round
- $7.6M Growth EquityJul 2024
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Ability Pharmaceuticals (AbilityPharma) is a clinical-stage biopharmaceutical company headquartered in Cerdanyola del Vallès (Barcelona), Catalonia, Spain, focused on developing first-in-class cancer therapies through autophagy induction. The company's lead compound, ABTL0812 (Ibrilatazar), is currently in a Phase 2b double-blind placebo-controlled clinical trial in 140 patients with metastatic pancreatic cancer across the USA, Spain, France, and Israel, and has shown positive results in Phase 2a trials for endometrial and lung cancer. AbilityPharma investigates drugs that selectively induce cytotoxic autophagy in cancer cells, targeting major oncological unmet needs with a novel mechanism of action.
Summary
Ability Pharmaceuticals is a Biotech company based in Cerdanyola del Vallès, founded in 2012. It has raised $8.6M in total across 2 rounds, most recently a $7.6M Growth Equity round in Jul 2024. Investors include CTI Life Sciences Fund, Inveready and European Innovation Council Fund.
Tech & App Stack
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Funding History
Jul 2024
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Funding: Seed through Growth Equity. Amounts, valuations, and investors where available.
Investors
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