Modus Therapeutics

Stockholm, Sweden Founded: 2011 • Age: 15 yrs
Polysaccharide-based drug for Sickle Cell Disease treatment is developed.
Annual revenue - Latest available
Total funding $22.9M 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 7 Brand Intelligence

About Modus Therapeutics

Modus Therapeutics is a company based in Stockholm (Sweden) founded in 2011. Modus Therapeutics has raised $22.88 million across 4 funding rounds from investors including Vinnova, Praktikertjänst and Healthcap. Modus Therapeutics offers products and services including Sevuparin. Modus Therapeutics operates in a competitive market with competitors including Editas Medicine, GBT, LogicBio, Kedrion and Dova Pharmaceuticals, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Modus Therapeutics Ab
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.41 M (USD)
    13.14
    as on Dec 31, 2024
  • EBITDA
    -$1.43 M (USD)
    3.18
    as on Dec 31, 2024
  • Total Equity Funding
    $22.88 M (USD)

    in 4 rounds

  • Latest Funding Round
    $3.47 M (USD), Series B

    Jul 15, 2021

  • Investors
    Vinnova

    & 3 more

  • Employee Count
    Not available
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Products & Services of Modus Therapeutics

Modus Therapeutics offers a comprehensive portfolio of products and services, including Sevuparin.

Product name locked
Category locked
Primary

Treatment for sepsis and inflammatory disorders in patients.

Funding Insights of Modus Therapeutics

Modus Therapeutics has successfully raised a total of $22.88M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $3.47 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Modus Therapeutics

Modus Therapeutics has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Vinnova, Praktikertjänst and Healthcap.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Research funding is provided for Baltic and Eastern European studies.
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Venture capital funding is provided to Swedish companies across sectors.
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Investor details for Modus Therapeutics

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Investments & Acquisitions by Modus Therapeutics

Investments
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Investment portfolio details for Modus Therapeutics

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Financial Statements - Modus Therapeutics

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Detailed financials for Modus Therapeutics

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Modus Therapeutics Comparisons

Modus Therapeutics Primary company
Description
Polysaccharide-based drug for Sickle Cell Disease treatment ...
Location
Stockholm, Sweden
Founded Year
2011
Annual Revenue
Not available
Net Profit
-$1.41 M (USD)
EBITDA
-$1.43 M (USD)
Employees
Not available
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Peer comparison for Modus Therapeutics

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Competitors of Modus Therapeutics

Modus Therapeutics 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 Editas Medicine, GBT, LogicBio, Kedrion and Dova Pharmaceuticals, among others.

Company Name Domain Founded year HQ Location Description
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Therapeutics for rare genetic diseases are developed using CRISPR technology.
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Small molecules are developed for sickle cell disease treatment.
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Viral vectors are developed for genetic and infectious disease treatments.
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Plasma-derived therapies are developed for hemophilia and immune deficiencies.
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Drug candidates for rare diseases are acquired, developed, and commercialized.
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Detailed competitors of Modus Therapeutics

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Latest news on Modus Therapeutics

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Complete news archive for Modus Therapeutics

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Frequently Asked Questions about Modus Therapeutics

Modus Therapeutics was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Modus Therapeutics is headquartered in Stockholm, Sweden.

Ellen K Donnelly is the current CEO of Modus Therapeutics.

Modus Therapeutics is a funded company, having raised a total of $22.88M across 4 funding rounds to date.

Founded in 2011 in Stockholm, Sweden, Modus Therapeutics operates in the biotechnology sector, focusing on therapies for hematologic disorders. Sevuparin, a proprietary polysaccharide drug, is being developed to address anti-adhesive and anti-inflammatory needs in Sickle Cell Disease patients. Orphan Drug Designations have been granted by the FDA and EMA for its use in restoring blood flow and reducing microvascular obstructions.

Modus Therapeutics's top competitors include GBT, Editas Medicine and Kedrion.

Modus Therapeutics offers Sevuparin.

Modus Therapeutics has 4 investors. Key investors include Vinnova, Praktikertjänst, Healthcap, and Östersjöstiftelsen.

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