PAQ Therapeutics

PAQ Therapeutics is a clinical-stage biotechnology company focused on developing best- and first-in-class KRAS degraders to treat lethal cancers without effective treatment options. Their lead asset, PT0253, is a potent and selective degrader of KRAS G12D, with the first patient dosed in a Phase 1 clinical study in Q1 2025. The company's approach aims to overcome limitations of existing KRAS inhibitors, providing more effective and durable treatments.

Funding Round: Series B

Funding Amount: $39M

Date: 07-May-2025

Investors: Bayland Capital, MRL Ventures Fund (MRLV), Johnson & Johnson Innovation – JJDC, Inc., LAV Fund, BioTrack Capital, Sherpa Health Partners

Markets: Biotech, Oncology, Health Care, Therapeutics

HQ: Burlington, Massachusetts, United States

Founded: 2020

Website: https://www.paqtx.com/

LinkedIn: https://www.linkedin.com/company/paq-therapeutics

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Crunchbase: https://www.crunchbase.com/organization/paq-therapeutics

Pitchbook: https://pitchbook.com/profiles/company/470023-48


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