P
Pneumagen
Intranasal antiviral for broad-spectrum respiratory infection prophylaxis
About Pneumagen
Pneumagen is a clinical-stage biotechnology company spun out from the University of St Andrews in 2016. The company was co-founded by CEO Douglas Thomson, who has a background in infectious disease vaccine development, and Thomas Engelen, who has experience in life sciences and private equity-backed investments. Pneumagen is focused on developing Neumifil, a broad-spectrum, intranasal antiviral for the prophylaxis and treatment of a wide range of viral respiratory tract infections (RTIs).
The company's core technology is its proprietary GlycoTarge™ platform, which develops glycan-targeted carbohydrate-binding modules (mCBMs). This technology works by masking sialic acid receptors on host cells within the respiratory tract, which prevents viral pathogens from entering and establishing an infection. This mechanism targets the host rather than the virus, potentially reducing susceptibility to viral resistance. The lead product, Neumifil, is an engineered multivalent Carbohydrate Binding Module (mCBM) delivered as a self-administered nasal spray.
Pneumagen's primary clients are patients with chronic respiratory diseases, such as Chronic Obstructive Pulmonary Disease (COPD), who are at high risk of virus-induced exacerbations. Preclinical and clinical studies have shown Neumifil's efficacy against various viruses, including Influenza Virus, Respiratory Syncytial Virus (RSV), and coronaviruses. A Phase 2 human challenge study demonstrated that Neumifil significantly reduced the incidence and severity of symptomatic influenza infection compared to a placebo. The company has raised significant funding, including a Series A round and an £8 million financing in June 2023, to advance Neumifil through further clinical trials, with a Phase 2b study planned for 2024.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- St Andrews, United Kingdom
- Employees
- 13
- Open positions
- None listed
- Dealroom signal
- 77.0/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, Hard Tech, DT and LS, uk is8 life sciences, UKSU, UKSU2010, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jun 2026 | $34M | $136M | RA Capital Management | ↗ |
| EARLY VCOther financing | Jun 2023 | $11M | $42M | Thairm Bio Family Office · Scottish Enterprise Growth Investments · Esperante Ventures | ↗ |
Growth signals
Latest recorded traffic for Pneumagen is 1.4K monthly website visits, up 105.9% over the last three months. Pneumagen's team grew 8.3% over the past year.
Similar companies
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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 A3 investors entered at this stage
- TOThairm Bio Family Office
Scottish Enterprise Growth Investments
Esperante Ventures
Series B and later1 investor entered at this stage
Other known investors1 additional known investor
University of St. Andrews
Source: Dealroom Talent Intelligence.
Global footprint
team presence
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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