Adaptive Phage Therapeutics

To save lives or restore health as a leader in safe, rapidly deployable, cost-effective cures for bacterial infections

General Information
Company Name
Adaptive Phage Therapeutics
Founded Year
2016
Location (Offices)
Gaithersburg, United States +1
Founders / Decision Makers
Number of Employees
28
Industries
Biotechnology, Health Care, Health and Wellness +1
Funding Stage
Series B
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Adaptive Phage Therapeutics - Company Profile

Adaptive Phage Therapeutics (APT) is a biotechnology startup founded in 2016 with the mission of providing safe, rapidly deployable, and cost-effective cures for bacterial infections. APT's PhageBank™ approach harnesses a diverse library of bacteriophages, offering broad spectrum and polymicrobial coverage to combat the challenge of antimicrobial resistance (AMR). The company has commercialized a proprietary phage susceptibility assay in partnership with Mayo Clinic Laboratories to match phages. Originally developed by the U.S. Department of Defense's biodefense program, APT acquired the global commercial rights in 2017. In June 2023, APT secured a $12.00M Series B investment led by Deerfield Capital Management and the AMR Action Fund. Under an FDA emergency Investigational New Drug allowance, APT has administered investigational PhageBank™ therapy to over 40 critically ill patients

Taxonomy: Adaptive Phage Therapeutics, bacterial infections, multi-drug resistant infections, PhageBank, phage therapy, bacteriophage, antimicrobial resistance, Mayo Clinic Laboratories, FDA, Investigational New Drug allowance, biodefense program, clinical-stage company, therapeutic technology, drug development, medical research

Funding Rounds & Investors of Adaptive Phage Therapeutics (9)

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Funding Stage Amount No. Investors Investors Date
Series B $12.00M 2 13 Jun 2023
Grant $5.00M 1 Defense Health Agency 04 Oct 2022
Series B $20.00M 1 04 Apr 2022
Series B $40.75M 2 Deerfield 11 May 2021
Convertible Note $6.18M 1 05 Jun 2020

View All 9 Funding Rounds

Latest News of Adaptive Phage Therapeutics

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