Abound Bio

Pittsburgh, United States Founded: 2019 • Age: 7 yrs Acquired By Galapagos
Provider of discover, development, and manufacturing services for cancer and infectious disease
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About Abound Bio

Abound Bio is a company based in Pittsburgh (United States) founded in 2019 was acquired by Galapagos in June 2022.. Abound Bio offers products and services including Antibody Therapeutics, Cell Therapy, and Small Molecules. Abound Bio operates in a competitive market with competitors including Novartis, Catalent, Surrozen, Biotage and Curia, among others.

  • Headquarter Pittsburgh, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Galapagos Nv
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Galapagos

    (Jun 21, 2022)

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Products & Services of Abound Bio

Abound Bio offers a comprehensive portfolio of products and services, including Antibody Therapeutics, Cell Therapy, and Small Molecules. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Develops treatments for cancer using antibodies

Advances cell-based solutions for infectious diseases

Creates compounds for disease management

People of Abound Bio
Headcount 10-50
Employee Profiles 14
Board Members and Advisors 4
Employee Profiles
People
Edward Goncz
Scientist 1
People
John Mellors
President & CEO
People
Dimiter Dimitrov
EVP & Chief Scientific Officer
People
Zehua Sun
Principal Scientist

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Board Members and Advisors
people
Joel B. Nelson
Chairman
people
Prasad S Adusumilli
Scientific Advisor
people
Ronald J. Buckanovich
Scientific Advisor
people
Rimas Orentas
Scientific Advisor

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Funding Insights of Abound Bio

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Abound Bio

Abound Bio has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GLPG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Small molecule drugs for immunology and oncology are developed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Abound Bio

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Abound Bio

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Abound Bio Comparisons

Employees
+
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Competitors of Abound Bio

Abound Bio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Novartis, Catalent, Surrozen, Biotage and Curia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
R&D focused on manufacturing of drugs for multiple therapeutic areas
domain founded_year HQ Location
CDMO offering drug and biologics development services
domain founded_year HQ Location
Selective Wnt agonists are developed for human tissue regeneration.
domain founded_year HQ Location
Organic synthesis, analytical, and peptide chemistry services for drug discovery and development
domain founded_year HQ Location
Drug research, development, testing, and consulting services are provided.
domain founded_year HQ Location
Provides contract research, development, and manufacturing services for biologic drugs.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Abound Bio

Frequently Asked Questions about Abound Bio

When was Abound Bio founded?

Abound Bio was founded in 2019.

Where is Abound Bio located?

Abound Bio is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

What does Abound Bio do?

Abound Bio was founded in 2019 and is based in Pittsburgh, United States. Operations are centered in the biotechnology sector, where discovery, development, and manufacturing services are delivered for cancer and infectious disease applications. Focus is maintained on supporting therapeutic advancements through these core functions, with activities conducted from the companys location in the United States. The domain aboundbio.com is utilized for online presence.

Who are the top competitors of Abound Bio?

Abound Bio's top competitors include Novartis, Surrozen and Catalent.

What products or services does Abound Bio offer?

Abound Bio offers Antibody Therapeutics, Cell Therapy, and Small Molecules.

Who are Abound Bio's investors?

Abound Bio has 1 investor. Key investors include GLPG.

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