Company Directory > Biotech > Numab Therapeutics AG
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Numab Therapeutics is a Swiss clinical-stage biotechnology company focused on the discovery and development of next-generation, multispecific antibody-based immunotherapies for inflammation and cancer. The company utilizes its proprietary plug-and-play technology platforms, λ-Cap™ and MATCH™, to engineer highly stable, multispecific antibody fragments with tailored pharmacokinetic properties. Numab operates through a business model that combines an internal pipeline of first-in-class and best-in-class candidates with strategic research collaborations and licensing agreements with major pharmaceutical partners. The company has demonstrated significant success in its platform validation, notably through the 2024 acquisition of its subsidiary Yellow Jersey Therapeutics by Johnson & Johnson for $1.25 billion, which secured rights to the lead atopic dermatitis candidate, NM26.
CLASSIFICATION
Company Type:Biotech
Industry:Biotechnology
Sub-Industry:Oncology and Immunology
SIZE & FINANCIALS
Employees:51-200
Founded:2011
Ownership:private
Status:operating
FUNDING
Stage:Series C
Total Raised:$228M
Investors:Cormorant Asset Management, HBM Partners, Novo Holdings
PIPELINE
Stage:Clinical
Lead Drug Stage:Phase 2 (NM26 - now with J&J)
Modalities:Multispecific Antibodies, Antibody Fragments
Active Trials:1
Trial Phases:Phase 2: 1
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:Yellow Jersey Therapeutics (Acquired by J&J)
Key Partnerships:Johnson & Johnson (Acquisition of NM26 rights), Kaken Pharmaceutical (NM81 development), Boehringer Ingelheim (Oncology and retinal disease collaboration)
COMPETITION
Position:Emerging
Competitors:Jazz Pharmaceuticals, Moderna, Sana Biotechnology
LEADERSHIP
Key Executives:
David Urech - CEO
Sebastian Meyer - COO
Scientific Founders:Peter Lichtlen
LINKS
Website:numab.com
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