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Mavupharma

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Non-nucleotide, conditional modulators of the STING pathway to treat cancer and infectious disease

Kirkland, United StatesFounded 2016Biotech & Life Sciences
Valuation $100–250M Last recorded · 2017
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Mavupharma

Mavupharma was a biopharmaceutical company that operated in the oncology sector, specializing in leveraging the innate immune system to combat cancer. Founded in 2016 by a team of experienced industry veterans, Michael Gallatin, Ph.D., and Gregory Dietsch, Ph.D., the company focused on the STimulator of INterferon Genes (STING) pathway, a critical component of the body's natural immune response against tumors. Gallatin, who served as the company's president, has a multi-decade background as a scientist and executive, co-founding several other biopharmaceutical firms, including Calistoga Pharmaceuticals. Dietsch, the chief scientific officer, brought extensive experience from roles at VentiRx and ICOS.

The company's core business was drug discovery and development, aimed at creating treatments for cancer and infectious diseases. Mavupharma's primary scientific approach was to develop orally active, small-molecule drugs to modulate the STING pathway. This distinguished it from competitors whose therapies often required direct injection into tumors. The company's lead product candidate was MAVU-104, a first-in-class, oral inhibitor of ENPP1, an enzyme that negatively regulates the STING pathway. By inhibiting ENPP1, MAVU-104 was designed to enhance STING signaling in a controlled manner, activating an immune response against cancer cells without the systemic side effects associated with direct STING agonists. The goal was to offer a more tunable and less toxic treatment option.

A significant milestone for Mavupharma was securing $20 million in a Series A financing round in 2017, led by Frazier Healthcare Partners and Alpine BioVentures, which enabled the advancement of its drug candidates toward clinical trials. This funding supported the development that led to the selection of MAVU-104 as its first clinical candidate in early 2019. The company's progress and promising platform culminated in its acquisition by the global biopharmaceutical company AbbVie in July 2019 for an undisclosed amount. This acquisition was intended to bolster AbbVie's early-stage oncology pipeline, providing them with Mavupharma's novel STING modulator platform to develop new cancer therapies.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Kirkland, United States
Employees
2
Open positions
None listed
Dealroom signal
57.6/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Nov 2017 $20M $80M Frazier Healthcare Partners · Alpine BioVentures —
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Growth signals

Mavupharma website traffic

Latest recorded traffic for Mavupharma is 220 monthly website visits. Mavupharma's team grew 0% over the past year.

Latest monthly visits220 1-year team growth0%
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Investments and acquisitions

Capital deployed

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Investors

2 investors on the cap table

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

Series A2 investors entered at this stage

  • Frazier Healthcare Partners
  • Alpine BioVentures
Team profiled 4 named & role-tagged
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Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
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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
🇺🇸 United States · Kirkland HQ
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Market sentiment

Posts on X, past 7 days

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