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Bantam Pharmaceutical

Mitochondrial Dynamic Modulating Therapeutics New York, USA

| Overview |

Bantam Pharmaceutical is developing first-in-class mitochondrial dynamic modulating therapeutics with 100% response rates in Diffuse Large B-cell Lymphoma patient-derived xenografts.

Sector

Therapeutics

Round

Series A

Transaction

Capital Raise

Transaction Value

Undisclosed

Space

Mitochondrial dynamic targeting small molecules

Milestones

  • Founded in 2015
  • Identified BNTM-3566 in 2019
  • IND cleared in 2022

Investors

Victor Keen, LLB

Michael Luther, PhD/MBA

Founders

Challenge

20-30% of patients experiencing relapse after first-line treatment

Standard of care therapies for DLBCL have suboptimal results, with 20-30% of patients experiencing relapse after first-line treatment. Additionally, existing therapies may cause serious adverse events such as cytokine release syndrome.

Solution

BNTM-3566

Bantam Pharmaceuticals is developing an IND-cleared candidate, BNTM-3566, which takes advantage of a DLBCL-specific vulnerabilities to activate cellular stress and tumor apoptosis pathways.

Impact

USD 5B market

Bantam Pharmaceuticals is initially targeting the DLBCL market, which has a total market opportunity of ~$5B.

"We are excited to see how BTM-3566 promoted complete tumor regression in vivo in mouse models with poor prognosis. We believe BTM-3566's mechanism of action potentially defines a new class of compounds that activate, and regulate, the mitochondrial protease OMA1.”

Adrian Schwarzer, M.D., Ph.D (Resident at the Department of Hematology, Oncology and Stem Cell Transplantation, Hannover Medical School)

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