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Viron Therapeutics

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Viron Therapeutics, a clinical-stage biopharmaceutical company, develops viral proteins to treat and prevent human inflammatory disorders

London, CanadaFounded 1997Biotech & Life Sciences
Valuation $100–250M Last recorded · 2006
Total funding $10–50M Disclosed equity funding
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About Viron Therapeutics

Viron Therapeutics, LLC is a clinical-stage biotechnology company established in 2018, with its headquarters in Philadelphia, Pennsylvania. The company was founded to advance technology licensed from The Wistar Institute, a notable center for biomedical research in vaccines, cancer, and infectious diseases. Co-founders include Andrew D. Luber, Pharm.D., and Bernard Rudnick, M.B.A. Viron Therapeutics is focused on creating T cell-based immunotherapies to address cancers and chronic infectious diseases.

The company's business model centers on the development and commercialization of its proprietary immunotherapy platform. This platform, known as VIACT™, uses genetically encoded checkpoint modifiers (CPMs) delivered via an adaptable viral vector to enhance the body's CD8+ T cell response against tumors or infections. This approach is designed to stimulate potent, broad, and durable T cell activity, aiming to overcome immune exhaustion often seen in chronic conditions. Revenue generation is anticipated through strategic partnerships, licensing agreements, and the eventual sale of approved therapies. In October 2023, Viron entered into a joint venture with Ocean Biomedical to accelerate its clinical programs.

Viron's lead product candidate is VRON-0200, an immunotherapy administered via intramuscular injection with the goal of providing a functional cure for chronic Hepatitis B Virus (HBV) infection. Affecting an estimated 296 million people globally, chronic HBV currently has no functional cure. In the third quarter of 2023, Viron initiated a first-in-human, Phase 1b clinical trial for VRON-0200 across multiple countries to evaluate its safety, tolerability, and immunogenicity in patients with chronic HBV. Initial results from the first cohorts have shown the treatment to be safe and well-tolerated. The company's pipeline also includes VRON-0300, an oncology program in development for advanced solid tumors.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1997
Headquarters
London, Canada
Open positions
None listed
Dealroom signal
17.7/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Parking, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Links
Website

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC Jun 2022 $6M $24M Undisclosed —
SERIES A✓Equity / VC May 2006 $20M $80M Novartis Venture Fund · BDC Capital · Trudell Medical · Amgen Ventures —
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Growth signals

Viron Therapeutics website traffic

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Investments and acquisitions

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Investors

7 investors on the cap table

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

Series A6 investors entered at this stage

  • Novartis Venture Fund
  • Royal Bank of Canada
  • Trudell Medical
  • GeneChem
  • BDC Capital
  • Amgen Ventures

Other known investors1 additional known investor

  • Ulster University
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Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇦 Canada · London HQ
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Market sentiment

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