F2G is a clinical-stage biopharmaceutical company focused on the discovery and development of novel therapies to treat life-threatening invasive fungal infections. F2G has discovered and developed a completely new class of antifungal agents called the orotomides. The orotomides have a distinct mechanism of action, selectively targeting fungal dihydroorotate dehydrogenase (DHODH), a key enzyme in the de novo pyrimidine biosynthesis pathway. This differentiates the orotomides from the currently marketed antifungal agents. Olorofim (formerly F901318) is F2G’s leading candidate from this class and has fungicidal activity against a broad range of mould infections including a variety of rare and resistant moulds that cause life-threatening infections for which current therapies have limitations or are ineffective. Olorofim is in a Phase 2b open-label study focusing on rare and resistant invasive fungal infections including invasive aspergillosis (including azole-resistant strains), coccidioidomycosis and scedosporiosis (including lomentosporiosis). Olorofim has received orphan drug status from the European Medicines Agency and orphan drug status, Qualified Infectious Disease Product (QIDP) designation and Breakthrough Therapy designation from FDA. F2G is headquartered in the UK with subsidiaries in the US and Austria.
Location: United Kingdom, England, Manchester
Employees: 11-50
Total raised: $291M
Investors 7
Funding Rounds 4
| Date | Series | Amount | Investors |
| 13.09.2024 | - | $100M | - |
| 04.08.2022 | - | $70M | - |
| 12.08.2020 | - | $61M | - |
| 21.06.2016 | IPO | $60M | - |
Mentions in press and media 17
| Date | Title | Description |
| 13.09.2024 | F2G Raises $100M in Financing | F2G, a Manchester, UK-based clinical-stage biopharmaceutical company, raised $100M in funding. The round was lewd by AMR Action Fund with participation from new investor ICG Life Sciences and existing investors Novo Holdings, Advent Life Sc... |
| 12.09.2024 | F2G Secures $100 Million to Propel Olorofim into the Spotlight | In a bold move to combat a growing health crisis, F2G Ltd has announced a significant financing round of $100 million. This funding, led by the AMR Action Fund and ICG Life Sciences, aims to advance the late-stage development of Olorofim, a... |
| 12.09.2024 | F2G Announces $100 Million Financing to Advance Late-Stage Development and Commercialization of Novel Antifungal Drug Candidate Olorofim in the US | Financing is being led by new investor AMR Action Fund with strong participation from new investor ICG Life Sciences and existing investors MANCHESTER, United Kingdom, Sept. 12, 2024 (GLOBE NEWSWIRE) -- F2G Ltd, a clinical-stage biopharmace... |
| 12.09.2024 | F2G raises $100M to fund 2nd attempt to get new antifungal class to market | After F2G’s first attempt to get a brand-new class of antifungal to market was derailed by the FDA, the U.K.-based biotech has secured $100 million in fresh funding to bankroll another push towards commercialization next year. The asset in ... |
| 12.09.2024 | F2G Announces $100 Million Financing to Advance Late-Stage Development and Commercialization of Novel Antifungal Drug Candidate Olorofim in the US | Financing is being led by new investor AMR Action Fund with strong participation from new investor ICG Life Sciences and existing investors MANCHESTER, United Kingdom, Sept. 12, 2024 (GLOBE NEWSWIRE) -- F2G Ltd, a clinical-stage biopharmace... |
| 23.05.2024 | New report from Access to Medicine Foundation shows what pharma companies can do to ensure the few promising antimicrobials in development reach patients on the frontlines of drug resistance | AMSTERDAM, May 23, 2024 /PRNewswire/ -- The race to create replacement antibiotics and antifungals to combat superbugs is falling dangerously short, putting people across the world at risk. However, a shift in research and development (R&am... |
| 05.08.2022 | F2G raises USD 70 million in funding | Manchester, the U.K-based biotech company F2G raises USD 70 million in recent funding. The financing took place on August 4, 2022. New investors Forbion and Sofinnova Partners co-led the financing for F2G. Meanwhile, existing investors such... |
| 04.08.2022 | Forbion Co-leads $70 Million Financing of F2G to Advance Development and Commercialization of New Antifungal Agent Olorofim | Forbion Co-leads $70 Million Financing of F2G to Advance Development and Commercialization of New Antifungal Agent Olorofim Naarden, The Netherlands, 4 August 2022 – Forbion, a leading European life sciences venture capital firm, today anno... |
| 04.08.2022 | F2G Raises $70M in Financing | F2G Ltd, a Manchester, UK-based clinical-stage biopharmaceutical company focused on the discovery and development of novel therapies to treat life-threatening rare fungal infections with a high unmet medical need, received $70m in financing... |
| 04.08.2022 | Forbion Co-leads $70 Million Financing of F2G to Advance Development and Commercialization of New Antifungal Agent Olorofim | Naarden, The Netherlands, 4 August 2022 – Forbion, a leading European life sciences venture capital firm, today announces the $70 million financing of F2G Ltd, a clinical-stage biopharmaceutical company focused on the discovery and developm... |
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