Mitochon Pharmaceuticals, Inc.

Harnessing the Power of Mitochondria to Create Resilient, Protective Cells in Neurodegeneration and Aging

General Information
Company Name
Mitochon Pharmaceuticals, Inc.
Founded Year
2014
Location (Offices)
United States +1
Founders / Decision Makers
Number of Employees
4
Industries
Biopharma, Biotechnology, Pharmaceutical
Funding Stage
Series Unknown
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Mitochon Pharmaceuticals, Inc. - Company Profile

Mitochon Pharmaceuticals, Inc. is a biotech startup founded in 2014, headquartered in the United States. The company's slogan "Harnessing the Power of Mitochondria to Create Resilient, Protective Cells in Neurodegeneration and Aging" reflects its focus on developing drugs that target mitochondria to address serious diseases with unmet medical needs. Their clinical programs primarily target neurodegenerative diseases such as Huntington’s Disease, Multiple Sclerosis (MS), Amyotrophic Lateral Sclerosis (ALS), Alzheimer’s, Parkinson, and Traumatic Brain Injury (TBI). Mitochon's approach is centered around correcting mitochondrial physiology to pave the way for disease-modifying therapies. Their platform is based on mitochondrial enhancers that specifically target the mitochondria, delivering brain-penetrating therapy to stimulate compensatory pathways. The company's mechanism of action can be found on their website (MOA: link). Notably, Mitochon has received $1.60M in a Venture Round investment from Ben Franklin Technology Partners of Southeastern Pennsylvania in May 17, 2016. Led by industry executives with over 80 years of combined experience, the company is passionately committed to advancing breakthrough drug therapies for devastating diseases within the Biopharma, Biotechnology, and Pharmaceutical industries.

Taxonomy: biotech, mitochondria, neurodegenerative diseases, drug development, neuroprotection, mitochondrial enhancers, clinical-stage, brain penetrating therapy, disease modifying therapies, executive team, pharmaceuticals, aging, free radical production, ATP production, mechanism of action

Funding Rounds & Investors of Mitochon Pharmaceuticals, Inc. (3)

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Funding Stage Amount No. Investors Investors Date
Venture Round $1.60M 1 17 May 2016
Debt Financing $425.00K - 29 Apr 2016
Seed Round $300.00K 1 05 Nov 2014

Latest News of Mitochon Pharmaceuticals, Inc.

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