
PAQ Therapeutics
Pioneering a new approach to restoring health and curing disease through autophagy.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor investor investor investor investor investor | €0.0 | round | |
* | N/A | $39.0m | Series B |
Total Funding | 000k |
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PAQ Therapeutics is a pioneering biotechnology startup focused on developing innovative treatments for neurodegenerative diseases. Founded by Dr. Boxun Lu, a globally recognized expert in life sciences and a professor at Fudan University, the company leverages cutting-edge research to address conditions like Huntington's disease, familial ALS, and other polyQ diseases. Dr. Lu's groundbreaking work on ATTEC (Autophagy-Tethering Compounds) forms the scientific backbone of PAQ Therapeutics. This technology aims to harness the body's natural process of autophagy, which is the way cells clean out damaged components, to target and eliminate toxic proteins that cause neurodegenerative diseases.
PAQ Therapeutics operates primarily in the biopharmaceutical market, targeting both academic research institutions and pharmaceutical companies. Their clients include researchers looking for advanced tools to study neurodegeneration and pharmaceutical firms seeking new therapeutic avenues. The company’s business model revolves around the development and licensing of its proprietary ATTEC technology. By partnering with larger pharmaceutical companies, PAQ Therapeutics can co-develop drugs and share in the profits from successful treatments. Additionally, they may receive milestone payments and royalties as their partnered drugs progress through clinical trials and into the market.
Revenue generation for PAQ Therapeutics comes from multiple streams: licensing fees, research grants, and collaborative agreements with pharmaceutical companies. These partnerships not only provide financial support but also accelerate the development and commercialization of their innovative therapies.
In summary, PAQ Therapeutics is at the forefront of biopharmaceutical innovation, focusing on the development of novel treatments for neurodegenerative diseases through its proprietary ATTEC technology. The company serves academic and pharmaceutical clients, operates within the biopharmaceutical market, and generates revenue through licensing, grants, and partnerships.
Keywords: Biotechnology, Neurodegeneration, Autophagy, ATTEC, Biopharmaceutical, Licensing, Research, Partnerships, Innovation, Therapeutics.