Fundraising Fox

Abfero Pharmaceuticals

Lexington, US · Founded 2016 · Delaware corporation

Abfero Pharmaceuticals is a clinical-stage pharmaceutical company developing oral iron chelators that target iron as a therapeutic pathway for diseases of iron overload. Its lead brain-penetrant small molecule, SP-420, is aimed at conditions such as transfusional systemic iron overload and age-related macular degeneration.

Founders & leadership

TX
Thomas X. NeenanExecutive
SB
Steven BurkeExecutive

Board

MP
Michael PeningtonBoard director

Reported raises · per SEC filings

Form D private placements

$1.8M disclosed across 3 rounds · 2019–2021

$500KraisedMar 2021 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael PeningtonDirector
  • Thomas X NeenanExecutive Officer, Director
  • Steven BurkeExecutive Officer, Director
Offering amount
$1M
Amount sold
$500K
Minimum investment
$50K
Proceeds to insiders
$100K
First sale
Mar 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$680KraisedJun 2020 · 4 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steven BurkeExecutive Officer, Director
  • Thomas X. NeenanExecutive Officer, Director
  • Michael PeningtonDirector
Offering amount
$2M
Amount sold
$680K
Minimum investment
$30K
Proceeds to insiders
$270K
First sale
Jun 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$600KraisedApr 2019 · 6 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas X. NeenanExecutive Officer, Director
  • Michael PeningtonDirector
  • Steven BurkeExecutive Officer, Director
Offering amount
$1M
Amount sold
$600K
Minimum investment
$50K
Proceeds to insiders
$100K
First sale
Feb 2019
Incorporated
Corporation, Massachusetts, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Abfero Pharmaceuticals do?
Abfero Pharmaceuticals is a clinical-stage pharmaceutical company developing oral iron chelators that target iron as a therapeutic pathway for diseases of iron overload. Its lead brain-penetrant small molecule, SP-420, is aimed at conditions such as transfusional systemic iron overload and age-related macular degeneration.
How much funding has Abfero Pharmaceuticals raised?
Abfero Pharmaceuticals has disclosed $1.8M raised across 3 rounds.
Where is Abfero Pharmaceuticals headquartered?
Abfero Pharmaceuticals is headquartered in Lexington, US.