Therachon
AcquiredBasel, Switzerland · Founded 2016 · $100.0M raised
- Headquarters
- Basel
- Employees
- 11–50
- Founded
- 2016
- Business Model
- B2B
- Website
- therachon.com
- Total Funding
- $100.0M
- Last Round
- $60.0M Series BAug 2018
- Rounds
- 3
- Acquired by
- PfizerJun 2019 · $340.0M
About
Therachon AG was a clinical-stage global biotechnology company headquartered in Basel, Switzerland, focused on developing innovative treatments for rare genetic diseases with no available therapies. Its lead program, TA-46 (recifercept), was a novel protein therapy targeting achondroplasia — the most common form of short-limbed dwarfism — designed to restore normal bone growth. The company received Orphan Drug Designations from both the FDA and EMA and advanced TA-46 into Phase 1 clinical trials before being acquired by Pfizer in May 2019 for up to $810 million.
Summary
Therachon is a Biotech company based in Basel, Switzerland, founded in 2016. It has raised $100.0M in total across 3 rounds, most recently a $60.0M Series B round in Aug 2018. Investors include Pfizer Ventures, Novo Holdings A/S and Bpifrance.
Funding History
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Jun 2019
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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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