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PACT Pharma

Biotech & Life Sciences · South San Francisco, United States · Founded 2016

Creating, developing and commercializing cell-based therapies for the cure of cancer MoreLess

PACT Pharma, Inc. operates as a clinical-stage biopharmaceutical entity focused on developing personalized adoptive T-cell therapies for solid tumors. The company was established in 2016, emerging from the foundational research of co-founders David Baltimore, Antoni Ribas, and Jim Heath, who harnessed their expertise in immunology and technology to create a new approach to cancer treatment. This venture was initiated within the Parker Institute for Cancer Immunotherapy and is backed by its venture capital firm, Vida Ventures. The company's core technology revolves around a proprietary method to identify the specific genetic mutations driving a patient's cancer and then isolate the T cells from their blood that can recognize these mutations.

The process begins with a blood sample and a tumor biopsy from the patient. PACT Pharma utilizes its high-throughput platform to sequence the tumor's genome, identifying the neoantigens—unique proteins on the surface of cancer cells that can be recognized by the immune system. Simultaneously, they isolate T cells from the patient's blood and identify the specific T cell receptors (TCRs) that can bind to these neoantigens. Using non-viral precision gene editing, specifically CRISPR, these identified TCRs are engineered into a larger population of the patient's own T cells. This creates a personalized army of cancer-fighting cells that are then infused back into the patient, designed to precisely target and eliminate their specific tumor.

The company's business model is centered on the development and eventual commercialization of these bespoke cell therapies. PACT Pharma has progressed its therapies into clinical trials, with its first patient dosed in a Phase 1 clinical trial in 2021 for metastatic solid tumors. While the company has shown promising initial results, it has also faced challenges inherent in the complex field of cell therapy development. In early 2023, PACT Pharma underwent a significant restructuring, which included workforce reductions and the discontinuation of its two wholly owned clinical programs. The company has since shifted its strategy to focus on its precision gene-engineering platform and pursuing partnerships to leverage its technology for future therapeutic development.

Keywords: adoptive T-cell therapy, personalized medicine, immuno-oncology, solid tumors, gene engineering, CRISPR, neoantigen, T-cell receptor, clinical-stage, biopharmaceutical

Company overview

PACT Pharma company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2016
Headquarters
South San Francisco, United States
Employees
18
Open positions
None listed
Dealroom signal
77.0
client focusb2bsub industryPharmaceuticalsub industryBioTechnologysectorPersonal Healthbusiness modelManufacturingindustryHealthsectorBiotechnologysectorOncologysectorSynthetic BiologysectorSpinoutsectorBiotech and PharmasectorDT and LSsectorscience-based

Valuation & funding

PACT Pharma funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Jan 2020 $75M $300M Vida Ventures
SERIES BOther financing May 2018 $95M $380M Invus · GV · Canaan · Casdin Capital
SERIES AOther financing Dec 2016 $30M $120M GV
SPINOUTOther financing Jan 2016 $0 University of California, Los Angeles · Caltech, California Institute of Technology
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Growth signals

PACT Pharma website traffic

Latest recorded traffic for PACT Pharma is 180 monthly website visits, up 12.5% over the last three months. PACT Pharma's team grew 0% over the past year.

Latest monthly visits180 3-month web change+12.5% 1-year team growth0%
Monthly website visits75 observations · Oct 2017–Apr 2024
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Comparisons

PACT Pharma compared with similar companies

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Talent graph

PACT Pharma's talent

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Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 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.

Investors

7 investors on PACT Pharma's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 4 investors entered at this stage
Series B+ 1 investor entered at this stage
Vida Ventures
Other known 2 additional known investors
Caltech, California Institute of Technology
University of California, Los Angeles

Global footprint

Where PACT Pharma has talent and traffic

Workforce by country
2 countries with
team presence
🇺🇸 United States83.3%
🇨🇳 China8.3%
2 countries shown

In the news

Latest news about PACT Pharma

Recent press, funding announcements, and product moves mentioning PACT Pharma — open to read from the original sources.

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Market sentiment

What the market is saying about PACT Pharma

An AI-synthesized read of the highest-engagement posts about PACT Pharma on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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