M
Mavupharma
Non-nucleotide, conditional modulators of the STING pathway to treat cancer and infectious disease
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Nov 2017 | $20M | $80M | Frazier Healthcare Partners · Alpine BioVentures | — |
Growth signals
Latest recorded traffic for Mavupharma is 220 monthly website visits. Mavupharma's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- ABAlpine BioVentures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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