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Promethera Biosciences logo — Innovative biopharmaceuticals harnessing healthy human liver...

Promethera Biosciences

Innovative biopharmaceuticals harnessing healthy human liver cells to treat liver diseases with groundbreaking stem cell technology.

Founded 2009 11-50 employees Series D Total: $131.06M Biotechnology, Health and Wellness +1

General Information

Company Name Promethera Biosciences
Founded Year 2009
Employees 11-50
Industries Biotechnology, Health and Wellness, Pharmaceutical
Funding Stage Series D
Social

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About Promethera Biosciences

Promethera Biosciences is a biopharmaceutical firm founded in 2009 with a mission to harness healthy human liver cells to develop innovative treatments for liver diseases. The company, originating from the Université Catholique de Louvain, focuses on crafting advanced treatments utilizing allogeneic adult stem cell technology. Their primary goal is the discovery, development, and commercialization of cell therapy products designed to treat liver diseases in an innovative manner through the use of allogenic progenitor cells derived from healthy human livers. Promethera Biosciences has recently garnered a substantial amount of attention in the investment community with a significant Series D investment of €7.50M on 16 December 2019. This investment was made by Pegasus Tech Ventures and Sony Innovation Fund, showcasing that the groundbreaking stem cell technology and innovative approach to treating liver diseases has attracted interest and support from notable investors. With a focus on biotechnology and the pharmaceutical industry, Promethera Biosciences is advancing two products based on a newly identified and patented progenitor cell type: the human Adult Liver-Derived Mesenchymal Progenitor Cell (hALDMSC). This not only demonstrates Promethera Biosciences' commitment to innovation but also underscores the potential of their technological advancements in the medical field.

Business keywords: Biopharmaceuticals, Cell therapy, Liver diseases, Stem cell technology, Regenerative medicine, Chronic liver disease, NASH, ACLF, Fatty liver, Clinical stage, Liver-based genetic diseases, Innovative treatments, Acquired liver diseases, Antibodies

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series D €7.50M 2
Pegasus Tech Ventures, Sony Innovation Fund
16 Dec 2019
Series D $48.06M 2
Sansei Capital Investment, Shinsei Capital Partners
30 Jun 2019
Convertible Note €9.30M 2
SHINSEI CORPORATE INVESTMENT, Shibuya Kogyo
10 Apr 2018
Series C €10.00M 7
Mitsubishi UFJ Capital, Mitsui Global Investment +5
27 Oct 2016
Series C €25.30M 3
Belgian Federal Investment, Boehringer Ingelheim +1
25 Nov 2014
Series B €23.60M 3
Mitsui Global Investment, Shire +1
28 Mar 2012
Series A $7.30M 4
Limburgse Reconversie Maatschappij, Vesalius Biocapital +2
02 Feb 2010

Promethera Biosciences Alternatives & Competitors

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Promethera Biosciences vs
HepaTx Corporation
HepaTx Corporation United States

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FAQ About Promethera Biosciences

Innovative biopharmaceuticals harnessing healthy human liver cells to treat liver diseases with groundbreaking stem cell technology.
Promethera Biosciences was founded in 2009.
Promethera Biosciences operates in Biotechnology, Health and Wellness and Pharmaceutical. Its work centres on Biopharmaceuticals, Cell therapy, Liver diseases and Stem cell technology.
Promethera Biosciences has approximately 11-50 employees.
Promethera Biosciences has completed 7 funding rounds, raising a total of $131.06M. The latest funding stage is Series D.
Top alternatives and competitors to Promethera Biosciences include HepaTx Corporation, DiscGenics, Calluna Pharma, TC BioPharm , HepaRegeniX GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Promethera Biosciences and HepaTx Corporation are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Promethera Biosciences, https://bouncewatch.com/company/promethera-biosciences, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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