Ability Pharmaceuticals is a clinical-stage biopharmaceutical company committed to develop first-in-class therapies that address unmet medical needs in the oncology space. AbilityPharma's is currently conducting, with ABTL0812, the most advanced asset, an international multi-center, double-blind, placebo-controlled phase 2b clinical trial in patients with metastatic pancreatic cancer to investigate ABTL0812 as first-lin therapy in combination with FOLFIRINOX chemotherapy. The study includes reference centers in Spain, France, United States and Israel. ABTL0812 has finished with very positive results a phase 2a clinical trial as first-line therapy in endometrial cancer and in squamous NSCLC in combination with paclitaxel and carboplatin. The study included leading institutions in Spain and France (Vall d’Hebron Institut d’Oncologia – VHIO, Institut Gustave Roussy, Centre Léon Bérard). ABTL0812 is the first cancer drug killing tumor cells through potent cytotoxic autophagy via inhibition of the Akt/mTOR axis, and the induction of robust endoplasmic reticular stress (ER Stress). Its unique mechanism of action was partially published at Clinical Cancer Research in December 2015 and fully characterized at Autophagy journal in May 2020. The compound has also immunomodulatory effects, turning "cold" immunogenic tumors into "hot" immunogenic. The compound is active as standalone treatment, it has synergy with chemotherapy, and it has synergy with anti PD1 therapies. The product has potential in several cancer types as first-line and maintenance therapy including lung, endometrial, pancreatic, breast, head and neck cancer, glioblastoma, cholangiocarcinoma and the pediatric cancer neuroblastoma. ABTL0812 has been granted Orphan Drug Designation for pancreatic cancer, neuroblastoma, and biliary tract cancer, by the US FDA and the European EMA. Development and marketing rights for Greater China granted to SciClone Pharmaceuticals, Inc.
Location: Spain, Catalonia, Cerdanyola del Vallès
Employees: 11-50
Total raised: $12.06M
Founded date: 2009
Investors 1
| Date | Name | Website |
| - | Fitalent | fitalent.e... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 12.03.2024 | - | $7.7M | - |
| 27.12.2020 | - | $3M | - |
| 04.12.2018 | - | $1.36M | - |
Mentions in press and media 12
| Date | Title | Description |
| 13.03.2024 | AbilityPharma's Fight Against Cancer | AbilityPharma, a Barcelona-based biopharmaceutical company, secured a hefty EUR 7 million in funding to fuel its battle against cancer. The round, led by a European-Canadian syndicate of life sciences investors, aims to support the company'... |
| 12.03.2024 | Spain-based AbilityPharma raises EUR 7 million in funding | Barcelona, Spain-based biopharmaceutical company focused on the development of innovative oral autophagy-inducing anticancer compounds, AbilityPharma, raised EUR 7 million in funding. The round took place on March 11, 2024. European-Canadia... |
| 11.03.2024 | AbilityPharma Raises €7M in Financing | AbilityPharma, a Barcelona, Spain-based biopharmaceutical company focused on the development of innovative oral autophagy-inducing anticancer compounds, raised €7M in funding. The round saw participation from CTI Life Sciences Fund, Inverea... |
| 29.12.2020 | SciClone se incorpora al capital de AbilityPharma, participada por Inveready, Fitalent, Sodena y el CDTI, con un compromiso de inversión de $3M | 29/12/2020 Nota de prensa SCICLONE SE INCORPORA AL CAPITAL DE ABILITYPHARMA, PARTICIPADA POR INVEREADY, FITALENT, SODENA Y EL CDTI, CON UN COMPROMISO DE INVERSIÓN DE $3 MILLONES. La empresa biofarmacéutica catalana AbilityPharma, centrad... |
| 18.11.2020 | Ability Pharma, participada por Inveready, Fitalent, Sodena y el CDTI, cierra una ronda de €2M con Capital Cell | 18/11/2020 ABILITY PHARMA, PARTICIPADA POR INVEREADY, FITALENT, SODENA Y EL CDTI, CIERRA UNA RONDA DE €2 MILLONES CON CAPITAL CELL. Ability Pharma, participada por las firmas de capital riesgo (venture capital) Inveready, Fitalent (Grupo ... |
| 22.10.2020 | Ability Pharma, participada por Inveready, capta $1,9M de la Food & Drug Administration (FDA) y abre un crowdfunding con Capital Cell | 22/10/2020 ABILITY PHARMA, PARTICIPADA POR INVEREADY, CAPTA $1,9M DE LA FOOD & DRUG ADMINISTRATION (FDA) Y ABRE UN CROWDFUNDING CON CAPITAL CELL. Ability Pharma, participada por la gestora de capital riesgo (venture capital) Inveready... |
| 17.03.2020 | Ability Pharma, participada por Inveready, Everis y Sodena, capta €2,5M de varios inversores, a través del BEI | 17/03/2020 ABILITY PHARMA, PARTICIPADA POR INVEREADY, EVERIS Y SODENA, CAPTA €2,5M DE VARIOS INVERSORES, A TRAVÉS DEL BEI. Ability Pharma, participada por las entidades de capital riesgo (venture capital) Inveready, Everis y Sodena, recib... |
| 12.09.2019 | AbilityPharma cierra una ronda de €3,5M, acuden Inveready, Grupo Everis (Fitalent) y Capital Cell | 12/09/2019 Nota de prensa ABILITYPHARMA CIERRA UNA RONDA DE €3,5 MILLONES, ACUDEN INVEREADY, GRUPO EVERIS (FITALENT) Y CAPITAL CELL. El equipo ejecutivo se refuerza con la incorporación de Maribel Berges como Directora General ascendiend... |
| 14.12.2018 | Barcelona Startup News December 10 2018 – Barcinno | Hello and happy Monday! Before we begin, a big congrats to our friends at Drivinapp on securing a new investment from Eneko Knörr! Now some great events as we head into the holidays: On Tuesday, Timo Buetefisch, founder of Cooltra, sits ... |
| 04.12.2018 | Ability Pharma cierra una ronda de más de €1,23M a través de Capital Cell (su mayor ronda) | 04/12/2018 Nota de prensa ABILITY PHARMA CIERRA UNA RONDA DE MÁS DE 1,23 MILLONES A TRAVÉS DE CAPITAL CELL (SU MAYOR RONDA). La compañía biofarmacéutica AbilityPharma acaba de cerrar una ronda de financiación por valor superior al 1.230.... |
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