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§ Private Profile · Vancouver, BC, Canada
Biopharmaceutical company developing precision radiopharmaceuticals for cancer, focused on targeted alpha therapies.
Abdera Therapeutics is a biopharmaceutical company developing precision radiopharmaceuticals for cancer treatment, based in South San Francisco, California, and Vancouver, British Columbia. The enterprise utilizes its proprietary ROVEr platform to engineer targeted alpha therapies that deliver radioisotopes directly to tumor cells while minimizing damage to surrounding healthy tissue. The biotechnology firm has raised $142 million in combined Series A and Series B equity financing to advance its clinical pipeline of oncology drugs. Its lead clinical program, ABD-147, recently received FDA Fast Track designation to address relapsed, refractory, and metastatic small cell lung cancer in targeted patient populations. The clinical-stage organization is backed by prominent institutional venture capital investors, including Versant Ventures, Amplitude Ventures, venBio Partners, and Northpond Ventures. Abdera Therapeutics was founded in 2021 by Michael Abrams, Adam Judge, Lana Janes, and Paul Schaffer.
Abdera Therapeutics has raised $140.0M across 1 funding round.
Abdera Therapeutics has raised $140.0M in total across 1 funding round.
Abdera Therapeutics has raised $140.0M across 1 funding round. Most recently, it raised $140.0M Series B in April 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2023 | $140M Series B | Nancy Harrison, Joel Drewry | VenBio Partners, AbCellera, Admare Bioinnovations, Northview Ventures | Announced |
Abdera Therapeutics is a biopharmaceutical company specializing in precision radiopharmaceuticals for cancer treatment. It develops targeted radiotherapeutics using its proprietary ROVEr™ platform, which enables custom engineering of antibody-based therapies that deliver potent alpha or beta-emitting radioisotopes directly to tumor cells while minimizing damage to healthy tissue. Its lead product candidate, ABD-147, is in clinical trials for treating small cell lung cancer (SCLC) and large cell neuroendocrine carcinoma (LCNEC), with FDA Fast Track designation highlighting its potential impact. Abdera serves cancer patients by addressing the critical need for more effective and less toxic therapies, showing strong growth momentum through clinical progress and recognition as a “Fierce 15” biotech company in 2024[1][2][3].
Founded by a team of scientists and company builders with deep expertise in oncology, radiopharmaceuticals, biologics, and manufacturing, Abdera Therapeutics emerged from the vision to overcome the challenges of delivering targeted radiation safely and effectively to solid tumors. The idea grew from the need to finely tune radioisotope delivery to maximize therapeutic effect while sparing healthy tissue, a major hurdle in radiotherapeutics. Early traction came from the development of the ROVEr™ platform and the advancement of ABD-147 into clinical trials, supported by regulatory milestones such as FDA Fast Track and Orphan Drug designations[2][4].
Abdera is positioned at the intersection of oncology, antibody engineering, and radiopharmaceutical innovation, riding the trend toward precision medicine and targeted cancer therapies. The timing is critical as advances in antibody engineering and radioisotope technology converge to enable safer, more effective treatments for solid tumors, a historically challenging area for radiotherapeutics. Market forces such as increasing cancer incidence, demand for novel therapies, and regulatory support for breakthrough treatments favor Abdera’s approach. By advancing precision radiopharmaceuticals, Abdera contributes to expanding the therapeutic arsenal against cancer and influences the broader ecosystem by demonstrating the viability of engineered radiotherapeutics as a new modality[1][2][3].
Abdera Therapeutics is poised for continued growth as it advances its clinical pipeline, particularly with ABD-147 progressing in trials and ABD-320 entering development. Trends shaping its journey include the growing adoption of precision oncology, improvements in antibody and radiochemistry technologies, and increasing regulatory pathways for innovative cancer therapies. Its influence is likely to expand as it validates its platform and potentially brings new best-in-class radiotherapeutics to market, offering hope for patients with difficult-to-treat cancers. Abdera’s mission to transform cancer treatment through engineered precision radiotherapeutics aligns with broader shifts toward personalized, targeted therapies, making it a company to watch in the evolving biotech landscape[1][3][4].
Abdera Therapeutics has raised $140.0M in total across 1 funding round.
Abdera Therapeutics's investors include Nancy Harrison, Joel Drewry, venBio, AbCellera, adMare BioInnovations, Northview Ventures.