Inhibrx
Company

Last deal

$200M

Amount

Post-IPO Equity

Stage

29.08.2023

Date

3

all rounds

$269.59M

Total amount

date founded

Financing round

General

About Company
Inhibrx is a biotech company focused on developing optimized biologic therapeutics for life-threatening conditions.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Inhibrx has built a diverse pipeline of therapeutic candidates using their single domain antibody platform technology. Their candidates are designed to interact with specific biological targets and can be manufactured efficiently. Inhibrx's pipeline targets oncology, orphan diseases, and infectious diseases. The company has collaborations with Celgene and bluebird bio and has received awards from NIH, NIAID, and CARB-X.
Similar Companies
999
ILIAS Biologics

ILIAS Biologics

ILIAS Biologics develops exosome-based therapeutics for hard-to-treat inflammatory and metabolic diseases.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Keywords

Biotechnology, Therapeutics, Health Care

Location

Daejeon, Jeong-dong, Daejeon, South Korea

total rounds

2

total raised

$37.6M
Sonnet BioTherapeutics

Sonnet BioTherapeutics

Sonnet BioTherapeutics is a biotechnology company that develops innovative targeted biologic drugs using its proprietary FHAB™ technology.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Keywords

Biotechnology, Health Care

Location

Princeton, NJ, USA

total rounds

4

total raised

$50.3M
Coherus Biosciences

Coherus Biosciences

Coherus Biosciences develops and sells biologic therapeutics for oncology and inflammatory diseases.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Keywords

Biotechnology, Health Care, Therapeutics

Location

Redwood City, CA, USA

total rounds

16

total raised

$1.27B
Avidity Biosciences

Avidity Biosciences

Avidity Biosciences is a biotech company developing oligonucleotide-based therapies to treat serious diseases.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Keywords

Biotechnology, Health Care, Therapeutics

Location

San Diego, CA, USA

total rounds

9

total raised

$1.49B
M&A Details
1

Transaction name

Acquired by

Sanofi

announced date

23.01.2024

price

$1.7B

Financials

Funding Rounds
5
3

Number of Funding Rounds

$269.59M

Money Raised

Their latest funding was raised on 29.08.2023. Their latest investor Perceptive Advisors. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
RA Capital Management

RA Capital Management

RA Capital Management is a Boston-based investment advisor that specializes in the life-sciences and drug development sectors.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Health Care, Financial Services

Location

Boston, MA, USA

count Of Investments

381

count Of Exists

33
Viking Global Investors

Viking Global Investors

Viking Global Investors manages over $40 billion of capital across long/short, long-only, public/private hybrid and private-only strategies.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Finance, Venture Capital

Location

Greenwich, CT, USA

count Of Investments

144

count Of Exists

7
Co-Investors
Investors
10
4

Number of lead investors

10

Number of investors

Investor 
Lead 
Round 
Partners 
No
Post-IPO Equity
Yes
Convertible Note, Post-IPO Equity
Yes
Convertible Note, Post-IPO Equity
Perceptive Advisors

Perceptive Advisors

Perceptive Advisors is a privately owned hedge fund sponsor that finances global public equity markets.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Finance, Venture Capital

Location

New York, NY, USA

count Of Investments

256

count Of Exists

20
RA Capital Management

RA Capital Management

RA Capital Management is a Boston-based investment advisor that specializes in the life-sciences and drug development sectors.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Health Care, Financial Services

Location

Boston, MA, USA

count Of Investments

381

count Of Exists

33
Viking Global Investors

Viking Global Investors

Viking Global Investors manages over $40 billion of capital across long/short, long-only, public/private hybrid and private-only strategies.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Finance, Venture Capital

Location

Greenwich, CT, USA

count Of Investments

144

count Of Exists

7

People

Founders
3
Brendan Eckelman
Brendan Eckelman

Brendan Eckelman

Brendan is a co-founder of Inhibrx and serves as its Chief Operating Officer and VP of Biotherapeutics. Brendan heads research, overseeing several key functional areas spanning discovery to therapeutic development. In addition, he has critical responsibilities in corporation strategy and operations. Prior to founding Inhibrx, he was a Research Investigator in the biotherapeutics group at the Genomics Institute of the Novartis Research Foundation (GNF). He conducted his graduate research at the Sanford-Burnham-Prebys Medical Discovery Institute. Brendan received his Ph.D. in molecular pathology from the University of California San Diego School of Medicine

current job

Inhibrx
Inhibrx

Brendan Eckelman

Quinn Deveraux
Quinn Deveraux

Quinn Deveraux

Quinn leads the target identification, validation and therapeutic lead selection and oversees the development strategy for Inhibrx’s biotherapeutic pipeline. Prior to founding Inhibrx, he spent 10 years at the Genomics Institute of the Novartis Research Foundation (GNF). Quinn lead groups of Ph.D./M.D. level investigators in the conception and development of novel target identification and validation platforms. Quinn lead the first therapeutic antibody from GNF to transition from bench-top to clinical trials. His research on cell death at the Stanford-Burnham-Prebys Medical Discovery Institute was highly cited. Quinn received his Ph.D. in biochemistry from the University of Utah School of Medicine.

current job

Inhibrx
Inhibrx

organization founded

1

Quinn Deveraux

Mark Lappe
Mark Lappe

Mark Lappe

Mark has extensive expertise in the biotechnology industry with over twenty years of experience in investment management and building the executive teams of over forty start-up biotechnology and medical device companies. Prior to starting Inhibrx, Mark was the Managing Partner of Efficacy Biotech Fund, a fund focused on strategic investment in emerging public biotechnology companies. Mark has significant experience in the antibody field through Efficacy’s major investment in Arius Research. Efficacy played the key advisor to Arius and developed the exit strategy that led to the successful sale to Roche in 2008. Additionally, Mark served as a board member of two public biotech companies.

current job

Inhibrx
Inhibrx

organization founded

1

Mark Lappe

Employee Profiles
8
Jack Tsai

Jack Tsai

VP Business Development

David Matly

David Matly

Chief Commercial Officer

David Kao

David Kao

Vice President Regulatory Affairs

Quinn Deveraux

Quinn Deveraux

CSO & Co-Founder

Mark Lappe

Mark Lappe

Co-Founder & CEO

Kelly Deck

Kelly Deck

Chief Financial Officer

Brendan Eckelman

Brendan Eckelman

COO & Co-Founder

Klaus W. Wagner

CMO

Activity

Recent News
16
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month