Y-mAbs Therapeutics

About:

YmAbs is a clinical stage biopharmaceutical company that discovers and develops innovative treatments for cancer patients.

Website: https://www.ymabs.com/

Top Investors: Sofinnova Investments, HBM Healthcare Investments, Scopia Capital

Description:

YmAbs is a clinical stage biopharmaceutical company that discovers and develops innovative treatments for cancer patients through immunotherapies. YmAbs utilizes its platform technologies to create next-generation humanized, affinity matured bispecific antibodies. To further improve its bispecific antibodies, the company collaborates on the development of a novel human protein tag that dimerizes T-cell engaging bispecific antibodies, which enables higher tumor binding and results in a longer serum half-life and a significantly greater T-cell mediated killing of tumor cells. YmAbs' treatments claims to potentially reduce longer-term toxicities associated with current chemotherapeutics and provide the potential for curative therapy even for patients with widespread disease. YmAbs’ goal is to drive multiple product candidates in select solid tumor cancers to FDA approval.

Total Funding Amount:

$339M

Estimated Revenue Range:

$50M to $100M

Headquarters Location:

New York, New York, United States

Founded Date:

2015-04-01

Contact Email:

info(AT)ymabs.com

Founders:

Thomas Gad

Number of Employees:

101-250

Last Funding Date:

2021-02-17

IPO Status:

Public

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