Promontory Therapeutics

About:

Promontory Therapeutics is a clinical-stage pharmaceutical company focused on novel therapeutics in oncology.

Website: https://promontorytx.com

Twitter/X: Phosplatin

Description:

Promontory Therapeutics Inc. is a clinical stage pharmaceutical company developing small molecule immunotherapies. The company's lead candidate, PT-112, is a novel chemical entity under clinical development that exhibits a unique combination of properties, including immunogenic cell death as well as osteotropism that confers advantages in dealing with cancers that originate in or metastasize to the bone. Clinical data generated to date across three Phase 1 studies have demonstrated single-agent anti-cancer activity and an attractive tolerability profile, and three Phase 2 studies of PT-112 are underway. The company also sponsors the ongoing clinical study of PT-112 in combination with the PD-L1 inhibitor avelumab under a collaboration agreement with Pfizer and Merck KGaA, Darmstadt, Germany (operating as EMD Serono in the US and Canada), and has an active collaborative research and development agreement (CRADA) with the NCI to conduct a Phase 2 trial utilizing PT-112 in thymic epithelial tumors.

Total Funding Amount:

$72M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

New York, New York, United States

Founded Date:

2010-11-15

Contact Email:

info(AT)phosplatin.com

Founders:

Robert E. Fallon

Number of Employees:

11-50

Last Funding Date:

2021-12-14

IPO Status:

Private

Industries:

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