Last deal

$9M

Amount

Post-IPO Equity

Stage

29.01.2024

Date

3

all rounds

$64.38M

Total amount

date founded

Financing round

General

About Company
Sun BioPharma is a drug development company focused on providing cancer patients with fast access to therapeutics.

Industry

Sector :

Subsector :

Also Known As

Formerly known as Sun BioPharma

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The company's primary program, SUN-101, is a polyamine analogue that targets DNA replication in the cells of the pancreas, specifically those from which pancreatic tumors typically arise. Unlike traditional anti-cancer drugs, SUN-101 does not affect insulin-secreting islet cells. Panbela Therapeutics, founded in 2011 and based in Minnesota, is a biopharmaceutical company that develops small molecule pharmaceuticals for pancreatic diseases, including pancreatic cancer and pancreatitis. The company collaborates with renowned institutions such as Honor Health, Cedars Sinai Medical Center, and Mayo Clinic Scottsdale.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
15
3

Number of Funding Rounds

$64.38M

Money Raised

Their latest funding was raised on 29.01.2024. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
29.01.2024
$9M
21.12.2023
$2M
19.07.2023
$9.5M
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Florida Institute for the Commercialization of Florida Technology

Florida Institute for the Commercialization of Florida Technology

Florida non-profit collaborates with universities to create investable companies and clean jobs.

Sector

General Industrials

Subsector

Diversified Industrials

Keywords

Health Care, Non-Profit, Financial Services

Location

Boca Raton, FL, USA

count Of Investments

106

count Of Exists

15
Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 

Cimarron Medical acquired by Panbela Therapeutics

acquirer

Panbela Therapeutics
Panbela Therapeutics

date

07.09.2015

type

Acquisition

Cimarron Medical

Cimarron Medical is a biopharmaceutical company developing treatments for pancreatic cancer.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Location

Salt Lake City, UT, USA

People

Founders
2

Michael T. Cullen

organization founded

1

Michael T. Cullen

Thomas X. Neenan
Thomas X. Neenan

Thomas X. Neenan

Dr. Thomas X. Neenan is CEO and a founder of AbFero Pharmaceuticals. Prior to launching AbFero, Dr. Neenan was a founder and CEO of Sideris Pharmaceuticals. He also was co-founder and CSO of Panbela Therapeutics (NASDAQ: PBLA), formerly Sun BioPharma, and held executive roles at GelTex Pharmaceuticals and Genzyme. Before joining the biotech industry, Dr. Neenan led a research group focused on materials chemistry at AT&T Bell Labs. He holds a BSc (Hons) in chemistry and mathematics from University College Dublin, a PhD in materials chemistry from Penn State University, and completed his post-doctoral studies in chemistry with George H. Whitesides at Harvard University.

current job

Panbela Therapeutics
Panbela Therapeutics

Thomas X. Neenan

Employee Profiles
10
Tammy Groene

Tammy Groene

Vice President Operations

Susan Horvath

Chief financial officer

Suzanne Gagnon

Suzanne Gagnon

CMO

Paul M. Herron

Chief Financial Officer & Vice President-Business Development

Clifford F. Mccurdy

Chairman & Chief Executive Officer

Thomas X. Neenan

Thomas X. Neenan

Co-Founder, Chief Executive Officer & President

David B. Kaysen

President, Chief Executive Officer

Activity

Recent News
3
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