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Amal Therapeutics

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Developing and progressing therapeutic cancer vaccines

Geneva, SwitzerlandFounded 2012Biotech & Life Sciences
Valuation $250–500M Last recorded · 2019
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Amal Therapeutics

Amal Therapeutics SA, based in Geneva, Switzerland, is a pioneering company in the field of cancer immunotherapy. The company focuses on developing therapeutic vaccines that stimulate the immune system in a unique way to combat cancer. Amal Therapeutics' proprietary protein-based immunisation platform is self-adjuvanting, meaning it enhances the body's immune response without needing additional substances, and can deliver multiple antigens in a single vaccine. This technology aims to overcome the challenges of effective anti-cancer therapy by providing a robust and targeted immune response against cancer cells.

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The company's most advanced product, ATP128, is a therapeutic vaccine designed for the treatment of metastatic colorectal cancer. Amal Therapeutics operates in the biopharmaceutical market, primarily serving patients with cancer and collaborating with major pharmaceutical companies. For instance, they have entered a clinical collaboration with Boehringer Ingelheim to evaluate ATP128 in combination with BI754091, a move that underscores their commitment to advancing cancer treatment.

Amal Therapeutics' business model revolves around research and development, clinical trials, and strategic partnerships. Revenue is generated through collaborations, licensing agreements, and potentially from the commercialization of their therapeutic vaccines. The acquisition by Boehringer Ingelheim has significantly enriched their cancer immunology portfolio, providing additional resources and expertise to accelerate the development of novel cancer vaccines.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
Geneva, Switzerland
Employees
19
Open positions
None listed
Dealroom signal
58.8/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Vaccines, Immune System, Spinout, Biotech and Pharma, Woman Founder, Horizon Europe, proteomics, DT and LS
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jul 2019 $358M $358M Boehringer Ingelheim ↗
SERIES B✓Equity / VC Nov 2018 $32M $128M BioMedVC · VI Partners · HTGF · Schroder Adveq ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Amal Therapeutics website traffic

Latest recorded traffic for Amal Therapeutics is 20 monthly website visits, down 99.2% over the last three months. Amal Therapeutics's team declined 13.6% over the past year.

Latest monthly visits20 3-month web change-99.2% 1-year team growth-13.6%
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Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • Fondation FIT
  • HTGF
  • Boehringer Ingelheim Venture Fund

Series A4 investors entered at this stage

  • VI Partners
  • BioMedVC
  • 3B Future Health Fund
  • Schroder Adveq

Other known investors5 additional known investors

  • Boehringer Ingelheim
  • Hopitaux Universitaires de Genève
  • University of Geneva
  • Venture Kick
  • VentureLab
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇨🇭 Switzerland79%
🇫🇷 France10.5%
🇸🇪 Sweden5.3%
🇩🇪 Germany5.3%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Amal Therapeutics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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