/Companies

Allarity Therapeutics

NASDAQ: ALLR

Cambridge, US · Founded 2021 · Delaware corporation

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Allarity Therapeutics is a clinical-stage precision medicine company that uses its proprietary Drug Response Predictor technology to match cancer patients with therapies tailored to their disease. The company develops oncology drugs for difficult-to-treat cancers and is focused on improving patient outcomes through personalized treatment approaches.

Founders & leadership

Allarity Therapeutics was founded in 2021 by Steen Knudsen.

SKSteen Knudsen
Steen KnudsenFounderSteen Knudsen brings three decades of experience in bioinformatics and cancer research, including work in gene expression analysis, clinical trials, and biomarker development. He has held roles in medical device development, quality systems, regulatory affairs with the FDA, and global patent strategy.
JGJames G. Cullem
James G. CullemBoard Director2022–2024James G. Cullem is Senior Vice President of Corporate Development and Secretary at Allarity Therapeutics, a clinical-stage precision medicine company developing oncology treatments. He has held leadership roles in biotechnology operations, business development, capital fundraising, and strategic planning across multiple early-stage life sciences companies.
SC
Steve CarchediChief Executive Officer, President and Director2019–2022Steve Carchedi is President and CEO of Allarity Therapeutics, a clinical-stage precision medicine company developing oncology drugs. He brings over 25 years of pharmaceutical industry experience across roles at Johnson & Johnson, General Electric, Eli Lilly, Bristol Myers Squibb, and Endo Pharmaceuticals, with expertise in oncology, neurology, medical diagnostics, and commercial operations including P&L management for businesses ranging from $100 million to over $1 billion.
JE
Jens Erik KnudsenTreasurer and CFO

Reported raises · per SEC filings

Form D private placements

$26.9M disclosed across 6 rounds · 2021–2024

▶$400KraisedFeb 2024 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas JensenExecutive Officer, Director
  • Gerald McLaughlinDirector
  • Laura BenjaminDirector
  • Joan BrownExecutive Officer
  • Joseph VazzanoDirector
Offering amount
$1.4M
Amount sold
$400K
First sale
Jan 2024
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6MraisedSep 2023 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gerald McLaughlinDirector
  • James CullemExecutive Officer, Director
  • Joseph VazzanoDirector
  • Laura BenjaminDirector
  • Joan BrownExecutive Officer
  • Thomas JensenDirector
Amount sold
$1.6M
Sales commissions
$170.7K
Placement agents
A.G.P./Alliance Global Partners
First sale
Sep 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.4MraisedApr 2023 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • James G. CullemExecutive Officer, Director
  • Gerald McLaughlinDirector
  • Steen KnudsenExecutive Officer
  • Marie FoeghExecutive Officer
  • David A. RothDirector
  • Thomas JensenExecutive Officer, Director
  • Joan BrownExecutive Officer
Amount sold
$3.4M
First sale
Nov 2022
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$350KraisedApr 2023 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gerald McLaughlinDirector
  • Steen KnudsenExecutive Officer
  • Thomas JensenExecutive Officer, Director
  • David A. RothDirector
  • Marie FoeghExecutive Officer
  • Joan BrownExecutive Officer
  • James G. CullemExecutive Officer, Director
Offering amount
$350K
Amount sold
$350K
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.2MraisedMar 2023 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • James G. CullemExecutive Officer, Director
  • Gerald McLaughlinDirector
  • Thomas JensenDirector
  • Joan BrownExecutive Officer
  • David A. RothDirector
Offering amount
$1.2M
Amount sold
$1.2M
First sale
Feb 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20MraisedMay 2021 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • James G. CullemExecutive Officer
  • Steve CarchediExecutive Officer, Director
  • Jens Erik KnudsenExecutive Officer
Offering amount
$40M
Amount sold
$20M
Sales commissions
$1.5M
Placement agents
LifeSci Capital LLC
First sale
May 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

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Frequently asked questions

What does Allarity Therapeutics do?
Allarity Therapeutics is a clinical-stage precision medicine company that uses its proprietary Drug Response Predictor technology to match cancer patients with therapies tailored to their disease. The company develops oncology drugs for difficult-to-treat cancers and is focused on improving patient outcomes through personalized treatment approaches.
Who founded Allarity Therapeutics?
Allarity Therapeutics was founded by Steen Knudsen in 2021.
How much funding has Allarity Therapeutics raised?
Allarity Therapeutics has disclosed $26.9M raised across 6 rounds.
Where is Allarity Therapeutics headquartered?
Allarity Therapeutics is headquartered in Cambridge, US.