Overview

Update
Total Equity Funding
$143.12M in 5 Rounds from 6 Investors
Most Recent Funding
$40M Series C on March 12, 2015
Headquarters:
Malvern, Pennsylvania
Description:
PhaseBio is a clinical-stage biopharmaceutical company developing drugs for cardiovascular diseases, endocrine and metabolic disorders.
Founders:
Categories:
Pharmaceutical, Medical Device, Biotechnology
Website:
http://www.phasebio.com
Social:

Company Details

Update
Founded:
2002
Contact:
16109816520
Employees:
11 - 50 | 6 in Crunchbase

PhaseBio is a clinical-stage biopharmaceutical company committed to developing new and improved drugs, with an initial focus on endocrine and metabolic disorders and cardiovascular disease. The company uses its proprietary recombinant biopolymers called elastin-like polypeptides (ELPs) to improve the stability, bioavailability, activity and ease of administration of proteins and peptides, with the goal of achieving greater potency, fewer side effects and better patient compliance. Efficient production in E. coli ensures low cost of goods.

PhaseBio’s lead drug candidate, PB1023, is currently being evaluated in a phase 2b clinical trial for the treatment of hyperglycemia associated with type 2 diabetes, with potential for future use in the treatment of obesity. Our second drug candidate, Vasomera™, is currently being evaluated in a phase 1 clinical trial and has exciting potential for use in the treatment of pulmonary arterial hypertension (PAH) and heart failure. Our third program, Insumera, a basal insulin based on native human insulin, will enter clinical trials in early 2013.

PhaseBio is based in Malvern, Pennsylvania..

Funding Rounds (6) - $144.12M

Update
DateAmount / RoundValuationLead InvestorInvestors
Mar, 2015$40M / Series C0
Jun, 2012$48.52M / Series B0
Jun, 2012$23M / Series B5
Jan, 2010$25M / Series B5
Nov, 2009$1M / Debt Financing0
Oct, 2007$6.6M / Series B3

Current Team (6)

Update

Offices/Locations (1)

Update
  • Office

    1 Great Valley Parkway

    Suite 30

    Malvern, Pennsylvania 19355

    United States

Past Team (2)

Update

Images (1)

Update

Add Acquisitions

Add Products

Add Sub Organizations

Add Competitors

Add Memberships

Add Customers

Add Partners

Add Videos