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Apitope

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Develops drugs for treatments of allergic diseases

Diepenbeek, BelgiumFounded 2002Biotech & Life Sciences
Valuation $50–100M Last recorded · 2015
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Apitope

Apitope operates as a clinical-stage biopharmaceutical company focused on developing antigen-specific immunotherapies for autoimmune diseases. The company was founded in 2002 by Professor David Wraith as a spin-out from the University of Bristol, based on his extensive research in immunology. Professor Wraith's work centers on understanding how T-cells can be silenced through the administration of specific protein fragments, a concept that forms the foundation of Apitope's technology.

The company's core asset is its proprietary discovery platform, which identifies and develops highly specific peptide-based therapies known as "apitopes®". This technology aims to restore the immune system's natural balance by targeting only the malfunctioning parts of the immune system, thereby avoiding the global immune suppression associated with many current treatments. The platform works by selecting peptides that can induce tolerance to the specific self-antigen causing the autoimmune reaction. Apitope was acquired by Worg Pharmaceuticals in September 2021, a move intended to accelerate the development of its therapeutic pipeline.

Apitope's business model is centered on the research, clinical development, and eventual commercialization of its pipeline candidates, likely through partnerships and licensing agreements with larger pharmaceutical companies. The firm has secured approximately $28.4 million in funding over several rounds from investors including LRM, Vesalius Biocapital Partners, and the Wellcome Trust.

The company's product pipeline includes several potential first-in-class treatments. The lead candidate for multiple sclerosis (MS), ATX-MS-1467 (now WP1303), is a mix of four peptide fragments from the myelin basic protein designed to re-establish immune tolerance. Clinical trials have shown it to be well-tolerated and effective in significantly reducing brain lesions in patients with relapsing-remitting MS. Another key product is ATX-GD-59 for Graves' disease, which has shown promise in Phase I trials as the first potential new treatment for the condition in over 60 years. The pipeline also includes candidates for Factor VIII intolerance in haemophilia A, uveitis, myocarditis, and rheumatoid arthritis.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2002
Headquarters
Diepenbeek, Belgium
Employees
1
Open positions
None listed
Dealroom signal
26.3/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Risk Management, Biotechnology, Drug Development, Spinout, Biotech and Pharma, Hard Tech, Horizon Europe, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Sep 2015 $13M $53M Wyvern Seed Fund · Vesalius Biocapital Partners · PMV Pharmaceuticals · Arthurian Life Sciences —
GRANTOther financing Dec 2012 $0 — Undisclosed —
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Financials

Revenue, earnings and profit over time

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

YearProfitMargin
2026 —
2025 —
2024 —
2023 —
2022 —
2021 —
2020 —
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Growth signals

Apitope website traffic

Latest recorded traffic for Apitope is 90 monthly website visits, down 50% over the last three months. Apitope's team declined 50% over the past year.

Latest monthly visits90 3-month web change-50% 1-year team growth-50%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

7 investors on the cap table

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

Series A5 investors entered at this stage

  • Vesalius Biocapital Partners
  • Vinnof
  • Arthurian Life Sciences
  • Wyvern Seed Fund
  • PMV Pharmaceuticals

Other known investors2 additional known investors

  • Hasselt University
  • PMV
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
1 countries with
team presence
🇬🇧 United Kingdom100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Apitope 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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