Palleon Pharmaceuticals develops glycan editing therapies aimed at treating cancer and autoimmune diseases.
Palleon Pharmaceuticals is a Waltham, US company founded in 2016 that develops glycan editing therapies, using glycobiology techniques, for cancer and autoimmune diseases. CEO Jim Broderick leads the company, which completed a Series B round in September 2020 raising USD 100.000 mn, bringing the total raised to USD 100.000 mn at a post-money valuation of USD 238.830 mn. The round was led by Matrix Capital Management, with participation from AbbVie Biotech Ventures and Pfizer Venture Investments.
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