Bridge Medicines LLC
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Bridge Medicines LLC - overview
Established
2016
Location
Sioux Falls, SD, US
Primary Industry
Biotechnology
About
Bridge Medicines LLC is a biotechnology company dedicated to developing innovative therapeutics, particularly in oncology and rare diseases. The firm focuses on translating groundbreaking research into effective drug candidates. Bridge Medicines LLC, founded in 2016, operates from Sioux Falls, US. The company specializes in advancing therapeutics from laboratory stages to clinical applications.
It has secured USD 10. 00 mn in funding through its latest round in November 2020, marking the total amount raised at USD 10. 00 mn. William Polvino serves as the CEO, guiding the company through its operational strategies and collaborations.
Bridge Medicines is engaged in the development of transformative therapeutics targeting areas such as oncology, infectious diseases, neuropsychiatry, and rare diseases. The company collaborates with esteemed institutions like Memorial Sloan Kettering Cancer Center and Weill Cornell Medicine, utilizing research to create drug candidates. Their portfolio includes the UBR5 Inhibitor program for resistant cancers and small molecule inhibitors aimed at thrombotic conditions, enhancing the pathway from research to clinical trials. Revenue generation for Bridge Medicines is achieved through strategic partnerships and licensing agreements with academic institutions and pharmaceutical firms.
These arrangements involve milestone payments linked to clinical progress and royalties from sales, sustained by venture capital funding, which supports ongoing research and development initiatives in collaboration with academic partners. Bridge Medicines aims to expand its product pipeline with new therapeutic candidates targeting various conditions. The recent USD 10. 00 mn funding will facilitate the accelerated development of these offerings.
Additionally, the company plans to broaden its market presence, particularly in North America and Europe, within the next few years, focusing on partnerships with healthcare providers to enhance access to its innovative treatments.
Primary Industry
Biotechnology
Sub Industries
Biopharmaceuticals, Pharmaceuticals
Website
www.bridgemedicines.com
Company Stage
Early Stage
Total Amount Raised
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