Last deal

$100M

Amount

Post-IPO Debt

Stage

01.01.2021

Date

3

all rounds

$580.61M

Total amount

date founded

Financing round

General

About Company
Mersana Therapeutics develops a biodegradable polymer platform to create new and better medicines.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Mersana

founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

Mersana Therapeutics is a clinical-stage biopharmaceutical company that uses its proprietary ADC platforms to develop targeted drugs with increased tolerability and expanded opportunities to deliver meaningful clinical benefit to patients. Their early-stage programs include XMT-1660, a Dolasynthen ADC targeting B7-H4, as well as XMT-2056, a STING agonist ADC developed using the Company's Immunosynthen platform and targeting a novel epitope of human epidermal growth factor receptor 2. They also have two earlier stage preclinical candidates, XMT-2068 and XMT-2175, both of which leverage the Company's Immunosynthen platform and target tumor-associated antigens. By leveraging their Fleximer platform, they engineer immunoconjugates to deliver industry-leading payloads of an array of anti-tumor agents directly to cancerous cells, controlling when, where and how those agents are released. This allows them to custom design an ADC with specific properties to overcome limitations of current ADC approaches and increase the drug’s chances of effectively attacking a particular cancer. Their ADC therapies have the potential to more effectively treat broader populations of cancer patients while significantly reducing the side effects associated with many of today’s cancer treatments.
Contacts

Contact Email

Phone number

Social url

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Financials

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3

Number of Funding Rounds

$580.61M

Money Raised

Their latest funding was raised on 01.01.2021. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.01.2021
$100M
28.05.2020
$174.8M
07.04.2020
3
$65M
Co-Investors
Investors
16
6

Number of lead investors

16

Number of investors

Investor 
Lead 
Round 
Partners 
No
Post-IPO Equity
No
Venture - Series Unknown

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Elaine Jones

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People

Founders
1
David R. Elmaleh
David R. Elmaleh

David R. Elmaleh

David R. Elmaleh is the founder of [Mersana Therapeutics](https://www.crunchbase.com/organization/mersana-therapeutics#/entity). Previously, he served as the chairman and president of AZTherapies. Elmaleh obtained a bachelor’s degree in chemistry and physics, and master’s degree and PhD in organic chemistry from Hebrew University.

current job

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David R. Elmaleh

Employee Profiles
48
Brian DeSchuytner

Brian DeSchuytner

SVP & Chief Financial Officer

Mohan Bala

Mohan Bala

SVP, Strategic Product Planning & Program Leadership

Tushar Misra

Tushar Misra

Chief Manufacturing Officer

Michael Kaufman

Chief manufacturing officer

Tarek Abdeljawad

Senior director, sterile drug product manufacturing

Chuck Miller

Senior vice president, regulatory affairs

Ashley Milton

Vp, clinical pharmacology

Orhan Karsligil

Executive director, it and facilities

Activity

Recent News
6
News Timeline

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

month