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Actimed Therapeutics
Therapeutics for cancer cachexia and muscle wasting disorders
About Actimed Therapeutics
Actimed Therapeutics is a clinical-stage specialty pharmaceutical company, founded in 2017, focused on developing treatments for muscle wasting disorders, with a primary emphasis on cancer cachexia. The company was co-founded by Professors Andrew Coats and Stefan Anker, world-renowned physicians in cachexia and muscle wasting research, along with Yann Colardelle, a professional in medical education. Both academic founders have extensive experience, with Professor Coats having served as Dean of Medicine at the University of Sydney and head of Clinical Cardiology at Imperial College London, and Professor Anker having a long academic research career in heart failure and cachexia at institutions like the Royal Brompton Hospital and Charité Berlin.
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The company's lead product is S-pindolol benzoate (ACM-001.1), a small molecule described as an Anabolic, Catabolic Transforming Agent (ACTA). It is being developed to treat cancer-related cachexia, a wasting disease that affects a high percentage of cancer patients and is responsible for a significant number of cancer deaths. S-pindolol has a multi-modal action, aiming to reduce weight loss (catabolism), increase muscle mass (anabolism), and improve appetite and fatigue. The company is preparing for Phase 2b/3 clinical trials (the IMPACT programme) for S-pindolol in patients with Non-Small Cell Lung Cancer (NSCLC) and Colorectal Cancer (CRC). Additionally, Actimed is exploring the use of S-pindolol to preserve muscle mass in obese patients undergoing treatment with GLP-1 receptor agonists.
Actimed's second asset is S-oxprenolol, which is being developed for treating muscle wasting associated with amyotrophic lateral sclerosis (ALS). The company has licensed the global rights for S-oxprenolol's development in indications outside of ALS, including cancer cachexia, to the U.S.-based Faraday Pharmaceuticals, while retaining the rights for ALS. Based in London, UK, Actimed Therapeutics operates on a venture capital-backed business model, raising funds through financing rounds to advance its clinical pipeline. The company has successfully closed multiple seed and Series A funding rounds, with notable investment from Mankind Pharma.
At a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Ascot, United Kingdom
- Employees
- 15
- Open positions
- None listed
- Dealroom signal
- 71.1/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, uk is8 life sciences, science-based
- Business model
- Marketplace & ecommerce
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Actimed Therapeutics.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Dec 2023 | $1.3M | $102M | Mankind Pharma | ↗ |
| SERIES A✓Equity / VC | Aug 2023 | $6.3M | $33M | Mankind Pharma | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Actimed Therapeutics is 1.5K monthly website visits, up 7.1% over the last three months. Actimed Therapeutics's team declined 6.3% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Mankind Pharma
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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