United Kingdom · Research startup

Pheon Therapeutics

Pheon Therapeutics is a biotechnology company focused on developing next-generation Antibody-Drug Conjugates (ADCs) aimed at treating hard-to-treat solid tumors and liquid cancers.

Funding reportedLast round: Series B

ResearchHarpenden, United Kingdom

About Pheon Therapeutics

Pheon Therapeutics is a biotechnology company focused on developing next-generation Antibody-Drug Conjugates (ADCs) aimed at treating hard-to-treat solid tumors and liquid cancers.

Founded in 2015 and headquartered in Harpenden, Hertfordshire, the company leverages two decades of ADC experience to create a novel pipeline of advanced cancer treatments. The company’s lead program features a first-in-class ADC targeting a novel antigen expressed in various solid tumors. Pheon Therapeutics utilizes clinically validated monoclonal antibodies combined with proprietary drug payloads to enhance treatment efficacy. With approximately 25 employees, the company operates within the drug discovery, biotechnology, and oncology sectors, primarily serving the healthcare industry. Pheon Therapeutics is backed by significant venture capital, having raised around $188–$191 million to date, with plans to submit an Investigational New Drug application to the US FDA in the near future.

What company datasets say Pheon Therapeutics raised

Funding, as reported

Reported in all188Min the source's currency
Rounds3
Last roundSeries B
Last round size120M
Last round dateMay 2024
Investors listed8

Funding filed with regulators

Pheon Therapeutics filed 4 raises, $150M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Oct 2025$60MUK share allotment
  2. Apr 2024$60MUK share allotment
  3. Mar 2024$15MUK share allotment
  4. Oct 2023$15MUK share allotment

Founders and team

From Pheon Therapeutics's own website: 2 on the team.

  • Lawrence CripeVice President, Business Development & Corporate Strategy
  • Myles ClancyVice President, Development Operations and Sciences

The company, in detail

What they build

Known for

health caremonoclonal antibodiesantibody-drug conjugatespayload platformclinical-stage adcsbiotechnology researchclinical biomarker profilingbiomarker-driven developmentadc payload mechanismsmedical researchbiotech investorsoncology researchcancer therapeuticscancer treatment pipelinebiotech collaborationstargeted therapy

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Sector
Research
Industry code
NAICS 541714, SIC 2834
Region
England
Revenue
1M a year, as listed
Full record
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Research in United Kingdom

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