/Companies

Palleon Pharmaceuticals

Waltham, US · Founded 2016 · 22 employees on LinkedIn · 7 known investors

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Palleon Pharma develops small molecule and biologic drugs targeting autoimmune and inflammatory diseases using proprietary glycoscience platforms. The company serves patients with conditions including systemic lupus erythematosus, rheumatoid arthritis, and other autoimmune disorders.

Founders & leadership

Palleon Pharmaceuticals was founded in 2016 by Jim Broderick.

JB
Jim BroderickCo-Founder
JH
John HennessyNamed on SEC filing
KH
Karen HongNamed on SEC filing
JL
James LeeNamed on SEC filing
SH
Stephen HoffmanNamed on SEC filing
LP
Li PengChief Scientific Officer
SW
Stefani WolffChief Development Officer

Board

JE
Jens EcksteinBoard director
WB
William BurkothBoard director

Investors · 7

Funding

SEC filings, press & company announcements

$120.6M disclosed across 2 of 4 rounds · 2016–2020

▶$100MraisedSep 2020 · 7 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Karan TakharDirector
  • William BurkothDirector
  • Rajeev DadooDirector
  • James W. BroderickExecutive Officer, Director
  • John HennessyExecutive Officer
  • Stephen HoffmanDirector
  • Eric XiaoDirector
Offering amount
$100M
Amount sold
$100M
First sale
Sep 2020
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20.6MraisedNov 2017 · 6 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • John HennessyExecutive Officer
  • Jens EcksteinDirector
  • Karen HongDirector
  • James W. BroderickExecutive Officer, Director
  • James LeeDirector
  • William BurkothDirector
  • Stephen HoffmanDirector
Offering amount
$48.3M
Amount sold
$20.6M
First sale
Jun 2016
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Founder mafia

2 people who came through Palleon Pharmaceuticals went on to found or lead other companies.

In the news

Frequently asked questions

What does Palleon Pharmaceuticals do?
Palleon Pharma develops small molecule and biologic drugs targeting autoimmune and inflammatory diseases using proprietary glycoscience platforms. The company serves patients with conditions including systemic lupus erythematosus, rheumatoid arthritis, and other autoimmune disorders.
Who founded Palleon Pharmaceuticals?
Palleon Pharmaceuticals was founded by Jim Broderick in 2016.
Who are Palleon Pharmaceuticals's investors?
Palleon Pharmaceuticals's investors include Matrix Capital Management, Pfizer Ventures, Pfizer Venture Investments, SR One Capital Management, BioHealth Innovation, Inc., Takeda Ventures, Vertex Ventures HC.
How much funding has Palleon Pharmaceuticals raised?
Palleon Pharmaceuticals has disclosed $120.6M raised across 2 of its 4 known rounds.
Where is Palleon Pharmaceuticals headquartered?
Palleon Pharmaceuticals is headquartered in Waltham, US.