Chemotargets

Chemotargets

Chemotargets is a computationally-oriented biotech company.

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DateInvestorsAmountRound
investor

€0.0

round
N/A

$11.8m

Series A
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR20222023
Revenues00000000
% growth-2 %
EBITDA00000000
Profit00000000
% profit margin53 %22 %
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

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Chemotargets, S.L. operates as a computationally-oriented biotechnology company, strategically positioned to de-risk and accelerate drug discovery and development for the biopharmaceutical industry. Founded in March 2006 by Dr. Jordi Mestres, the company originated as a spin-off from the Systems Pharmacology lab at the IMIM Hospital del Mar Medical Research Institute in Barcelona. Dr. Mestres, whose background includes a Ph.D. in Computational Chemistry and leadership roles at pharmaceutical companies like Organon, leveraged his extensive academic and industry experience to establish the firm. His work in systems chemical biology and drug discovery forms the scientific foundation of the company.

The company's business model initially centered on providing predictive analytics solutions and services to pharmaceutical companies, biotech firms, and research institutions. It generates revenue through the licensing of its software platforms and by offering consultancy services in drug safety, design, optimization, and repurposing. A significant milestone was the licensing of its CLARITY® technology, which defines the efficacy and safety profiles of new drugs, to the U.S. Food and Drug Administration (FDA). Recently, Chemotargets has initiated a strategic transformation to evolve into a biotechnology company that also develops its own novel medicines, with an initial focus on oncology. This transition involves forming strategic alliances with research centers to co-develop new therapies and create new spin-off entities.

Chemotargets' core offering is an integrated suite of software products and services designed to enhance the cost-efficiency and safety of new medicines. Its flagship platform, CLARITY®, is a key tool used by clients to assess the safety and efficacy profiles of drug candidates. The company has also developed ProSurfScan, an AI-driven technology that uses structure-based methods to identify and generate new bioactive molecules for therapeutic targets. This dual-platform approach allows for the simultaneous optimization of safety and efficacy. The company serves a range of personnel within client organizations, from medicinal chemists to clinical investigators. The services portfolio includes customized drug safety assessments, identifying new therapeutic uses for existing drugs (repurposing), and AI-driven drug design.

Keywords: predictive analytics, drug discovery, computational biotechnology, pharmacology, safety profiles, small molecule, drug development, systems pharmacology, biopharmaceutical, oncology

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