Last deal

$25M

Amount

Seed

Stage

16.09.2021

Date

1

all rounds

$25M

Total amount

date founded

Financing round

General

About Company
Bantam Pharmaceutical is a drug discovery company focused on developing therapeutics for cancer patients.

Industry

Sector :

Subsector :

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

The company is highly cost efficient and has a management team with deep experience in oncology drug discovery and development. Bantam's scientific advisory board consists of prominent leaders in the pharmaceutical industry. Bantam's approach to cancer treatment involves using the tumor-killing potency of chemotherapy with the selectivity of targeted therapy to expand treatment options for relapsed and refractory lymphomas and difficult-to-treat solid tumors. Bantam is developing novel, first-in-class small molecule oral therapeutics for these difficult-to-treat tumors by harnessing the power of mitochondrial dynamics. Its lead candidate, BTM-3566, is an orally-available small molecule compound with broad anti-cancer activity in hematologic and solid tumors, initially focused on Diffuse Large B-cell Lymphomas (DLBCL). BTM-3566 disrupts mitochondrial function in tumor cells to induce apoptosis, which is a unique anti-cancer mechanism of action. An IND application for BTM-3566 in B-cell malignancies is currently underway and will be completed by Q1 2022.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
1
1

Number of Funding Rounds

$25M

Money Raised

Their latest funding was raised on 16.09.2021. Their latest investor Lionel Goldfrank. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
16.09.2021
1
$25M
Lionel Goldfrank

Lionel Goldfrank

Lionel Goldfrank is a Founder of American & Overseas Asset Services Corporation.

count Of Investments

1
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Lionel Goldfrank

Lionel Goldfrank

Lionel Goldfrank is a Founder of American & Overseas Asset Services Corporation.

count Of Investments

1

People

Founders
1
Michael Stocum
Michael Stocum

Michael Stocum

In his 20-plus year industry career, Michael has made an impact on products across several therapeutic areas. He has held corporate roles in pharmaceuticals with GlaxoWellcome/GSK, biologics at Organon (now Merck/Schering-Plough) and molecular diagnostics at Organon Teknika (now bioMerieux) plus two biotech start-ups. His roles have spanned bench research to product, business and commercial development, impacting multiple innovative molecular diagnostics such as HIV-1 RNA and HBV DNA viral load tests along with numerous medicines in several disease areas including cancer (Onco-TICE BCG, Tykerb and Votrient), infectious diseases (abacavir) and cardiometabolic diseases (Avandia and darapladib). In 2004 Michael founded Personalized Medicine Partners to provide global strategic business and operational capabilities for biopharmaceutical, diagnostic and research/clinical services companies, specialising in the development and commercialisation of integrated therapeutic and biomarker/companion diagnostic programmes. Michael currently chairs the Personalized Medicine Division of the American Association for Clinical Chemistry and is active in the Personalized Medicine Coalition, a non-profit dedicated to advancing the field of Personalized Medicine. He also serves on the Industry Advisory Board for the Professional Science Masters program at NC State University (NCSU). Michael earned dual B.S. degrees in Biochemistry and Microbiology from North Carolina State University, with a minor in Genetics and an M.S. in Biotechnology Management, plus two years of academic research assistantships at NCSU and the National Institutes of Health.

current job

Bantam Pharmaceutical
Bantam Pharmaceutical

organization founded

1

Michael Stocum

Employee Profiles
2
Matthew Kostura

Matthew Kostura

Chief Scientific Officer

Michael Stocum

Michael Stocum

President & CEO& Founder

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Recent News
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