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Enthera Pharmaceuticals
Biotech & Life Sciences · Milan, Italy · Founded 2016
Developing first-in-class biologics for several underserved autoimmune conditions MoreLess
Enthera Pharmaceuticals is a clinical-stage biotechnology company headquartered in Milan, Italy, established in 2016 by Professor Paolo Fiorina and Dr. Francesca D'Addio. The company was the first spin-off from BiovelocITA, Italy's pioneering biotech accelerator. Fiorina, an endocrinologist with extensive research experience in autoimmune diabetes and islet transplantation, and D'Addio, who serves as Head of Preclinical Research, leveraged their scientific work to found the company. Their research backgrounds in immunology and diabetes at institutions like the University of Milan and Boston Children's Hospital are foundational to the company's approach.
The company's business is centered on developing first-in-class biologics to address underserved autoimmune conditions, primarily focusing on Type 1 Diabetes (T1D) and Inflammatory Bowel Disease (IBD). Enthera's strategy is not to merely manage symptoms but to develop disease-modifying treatments that preserve and restore organ function. The company operates in the biopharmaceutical market, and its business model involves significant research and development, funded by venture capital, with the goal of bringing novel drugs through clinical trials to market. Enthera has successfully raised a total of €35 million in its Series A financing, which was noted as the largest for an Italian biotech company at the time. This funding was secured from a syndicate of international investors, including Sofinnova Partners, AbbVie Ventures, Roche Venture Fund, and the JDRF T1D Fund.
Enthera's core therapeutic concept is based on the discovery of the IGFBP3/TMEM219 pathway, which plays a role in the programmed cell death (apoptosis) of stem cells in the gut and insulin-producing beta cells in the pancreas. The company's proprietary discovery platform generates a library of monoclonal antibodies (mAbs) and fusion proteins designed to inhibit this pathway. Its lead product candidate is Ebrasodebart (Ent001), a monoclonal antibody that targets the TMEM219 receptor. By binding to this receptor, Ent001 is designed to prevent the cell death that underlies both IBD and T1D. This approach is distinct because it aims to restore the body's own cell compartments—the intestinal structure in IBD and the pancreatic beta cells in T1D. In March 2023, Enthera initiated a Phase 1 clinical trial for Ent001 in healthy volunteers, marking its transition to a clinical-stage company. The company has since completed the single ascending dose portion of the trial and has initiated a Phase 1b trial in patients with ulcerative colitis.
Keywords: Enthera Pharmaceuticals, autoimmune diseases, Type 1 Diabetes, T1D, Inflammatory Bowel Disease, IBD, biologics, monoclonal antibodies, Ebrasodebart, Ent001, IGFBP3/TMEM219 pathway, regenerative immunology, cell apoptosis, beta cell restoration, Paolo Fiorina, Francesca D'Addio, clinical-stage biotech, ulcerative colitis, Crohn's disease, stem cell therapeutics, organ function restoration, BiovelocITA, Sofinnova Partners, AbbVie Ventures, Roche Venture Fund
Company overview
Enthera Pharmaceuticals company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Milan, Italy
- Employees
- 8
- Open positions
- None listed
- Dealroom signal
- 60.8
Valuation & funding
Enthera Pharmaceuticals funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Feb 2021 | $7.7M | $154M | Sofinnova Partners · Roche | ↗ |
| SERIES A✓Equity / VC | Jul 2020 | $31M | $123M | JDRF T1D Fund · AbbVie · Sofinnova Investments · Indaco Venture Partners | ↗ |
| SEED✓Equity / VC | Jul 2018 | $4.4M | $18M | Sofinnova Partners · JDRF T1D Fund · BiovelocITA | ↗ |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | Profit | Margin |
|---|---|---|---|---|
| 2026 | $1.2M | 0% | −$16M | -1366.9% |
| 2025 | $1.2M | 0% | −$16M | -1366.9% |
| 2024 | $1.2M | -67.7% | −$16M | -1366.9% |
| 2023 | $3.6M | +4131.2% | ||
| 2022 | $86K | -74.9% | ||
| 2021 | $343K | -25.8% | ||
| 2020 | $462K | — |
Growth signals
Enthera Pharmaceuticals website traffic
Latest recorded traffic for Enthera Pharmaceuticals is 340 monthly website visits, down 66% over the last three months. Enthera Pharmaceuticals's team declined 61.9% over the past year.
Comparisons
Enthera Pharmaceuticals compared with similar companies
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Talent graph
Enthera Pharmaceuticals's talent
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Global footprint
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In the news
Latest news about Enthera Pharmaceuticals
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Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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