Crossbridge Bio

Acquired

Next-Generation ADC Therapeutics

Houston, United States · Founded 2023

Headquarters
Houston, Texas
Employees
1–10
Founded
2023
Business Model
B2B
Acquisition Date
Apr 2026

About

CrossBridge Bio is a biotechnology company founded in 2023 and headquartered in Houston, Texas, focused on developing next-generation antibody-drug conjugate (ADC) therapeutics for a range of cancer indications. The company's proprietary stable dual-linker payload technology originated from research at the University of Texas Health Science Center at Houston. CrossBridge Bio was backed by Portal Innovations at its earliest stage and was subsequently acquired by Eli Lilly in a deal worth up to $300 million, announced in April 2026, validating its platform's potential as a differentiated ADC approach.

Summary

Crossbridge Bio is a Biotech company based in Houston, United States, founded in 2023.

Funding History

AcquisitionApr 2026

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