Corbus Pharmaceuticals

About:

Corbus Pharmaceuticals is a clinical-stage pharmaceutical company focused on treating inflammatory and fibrotic diseases.

Website: http://corbuspharma.com

Twitter/X: corbuspharma

Top Investors: Perceptive Advisors, Dafna Capital Management, SternAegis, K2 HealthVentures, Cystic Fibrosis Foundation

Description:

Corbus Pharmaceuticals Holdings, Inc. is a Phase 3 clinical-stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat inflammatory and fibrotic diseases by leveraging its pipeline of endocannabinoid system-targeting synthetic drug candidates. The Company's lead product candidate, lenabasum, is a novel, synthetic, oral, selective cannabinoid receptor type 2 (CB2) agonist designed to resolve chronic inflammation and fibrotic processes. Lenabasum is currently being evaluated in systemic sclerosis, cystic fibrosis, dermatomyositis, and systemic lupus erythematosus. Corbus is also developing a pipeline of drug candidates from more than 600 novel compounds targeting the endocannabinoid system. The pipeline includes CRB-4001, a 2nd generation, peripherally-restricted, selective cannabinoid receptor type 1 (CB1) inverse agonist. Potential indications for CRB-4001 include NASH, among others. Corbus plans to start a Phase 1 study of CRB-4001 in 2019, intended to be followed by a National Institutes of Health (NIH)-funded proof-of-concept Phase 2 study.

Total Funding Amount:

$341M

Headquarters Location:

Norwood, Massachusetts, United States

Founded Date:

2009-01-01

Contact Email:

info(AT)corbuspharma.com

Founders:

Bruce Montgomery, Jonathan Mow

Number of Employees:

51-100

Last Funding Date:

2024-01-31

IPO Status:

Public

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