UTILITY therapeutics

Altrincham, United Kingdom Founded: 2017 • Age: 9 yrs Acquired By Alembic Pharmaceuticals
Developer of antibiotics to treat urinary tract infections and multi-drug resistant infections
Annual revenue - Latest available
Total funding $2.5M 2 rounds
Employees 7 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About UTILITY therapeutics

UTILITY therapeutics is a company based in Altrincham (United Kingdom) founded in 2017 by Peter Villadsen and Rasmus Kehler was acquired by Alembic Pharmaceuticals in July 2025. UTILITY therapeutics has raised $2.52 million across 2 funding rounds from investors including Alembic Pharmaceuticals. The company has 7 employees as of December 31, 2023. UTILITY therapeutics offers products and services including Antibiotic Therapies and Product Pipeline. UTILITY therapeutics operates in a competitive market with competitors including Spero Therapeutics, Nabriva, Melinta Therapeutics, Iterum Therapeutics and Adaptive Phage Therapeutics, among others.

  • Headquarter Altrincham, United Kingdom
  • Employees 7 as on 31 Dec, 2023
  • Founders Peter Villadsen, Rasmus Kehler
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Utility Therapeutics Ltd
  • Date of Incorporation 19 Dec, 2017
  • Jurisdiction ALTRINCHAM, CHESHIRE, UNITED KINGDOM
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.52 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.5 M (USD), Seed

    Jul 08, 2019

  • Investors
  • Employee Count
    7

    as on Dec 31, 2023

  • Acquired by
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Products & Services of UTILITY therapeutics

UTILITY therapeutics offers a comprehensive portfolio of products and services, including Antibiotic Therapies and Product Pipeline.

Product name locked
Category locked
Primary

Develops drugs to combat drug-resistant urinary tract infections

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Advances novel treatments for UTIs and related infections

People of UTILITY therapeutics

Headcount 1-10
Employee Profiles 5
Board Members and Advisors 5
Employee Profiles
People
Tom Hadley
President & CCO
People
Nina Aabenhus Kromann
Acting Head of CMC
People
Claus Maxel Henriksen
Acting Head of Project Management
People
Anne Santerre Henriksen
Acting EVP of Development

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Board Members and Advisors
people
Rasmus Toft - Kehler
Co-Founder & Director
people
Morten Sommer
Co-Founder & Director
people
Larry Edwards
Director
people
Anders Kronborg
Observer

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Funding Insights of UTILITY therapeutics

UTILITY therapeutics has successfully raised a total of $2.52M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in July 2019. 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 UTILITY therapeutics

UTILITY therapeutics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alembic Pharmaceuticals.

All
Institutional
Investor Description Founded Year Domain Location
Manufacturer & supplier of generic pharmaceuticals
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Investor details for UTILITY therapeutics

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Investments & Acquisitions by UTILITY therapeutics

Investments
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Investment portfolio details for UTILITY therapeutics

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Financial Statements - UTILITY therapeutics

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Detailed financials for UTILITY therapeutics

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Utility Therapeutics Comparisons

UTILITY therapeutics Primary company
Description
Developer of antibiotics to treat urinary tract infections a...
Location
Altrincham, United Kingdom
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
7
As of 2023
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Peer comparison for UTILITY therapeutics

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Competitors of UTILITY therapeutics

UTILITY 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 Spero Therapeutics, Nabriva, Melinta Therapeutics, Iterum Therapeutics and Adaptive Phage Therapeutics, among others.

Company Name Domain Founded year HQ Location Description
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Therapeutics for drug-resistant bacterial infections are developed.
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Pleuromutilin antibiotics are developed for MDR infections.
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Developer of bacterial ribosome-targeting drugs for MDR infections
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Developer of antibiotics for MDR infections
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Therapies for multi-drug resistant infections are developed using bacteriophages.
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Therapeutics for antimicrobial resistant infections are developed.
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Detailed competitors of UTILITY therapeutics

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Latest news on Utility Therapeutics

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Complete news archive for UTILITY therapeutics

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Frequently Asked Questions about UTILITY therapeutics

UTILITY therapeutics was founded in 2017 and raised its 1st funding round 1 year after it was founded.

UTILITY therapeutics is headquartered in Altrincham, United Kingdom. It is registered at Altrincham, Greater Manchester, United Kingdom.

Thomas Hadley is the current CEO of UTILITY therapeutics.

UTILITY therapeutics is a funded company, having raised a total of $2.52M across 2 funding rounds to date.

As of Dec 31, 2023, the latest employee count at UTILITY therapeutics is 7.

Developer of antibiotics to treat urinary tract infections and multi-drug resistant infections. It offers Pivmecillinam is an aminopenicillin, which is a specific class of beta-lactam antibiotic and mecillinam (a member of the penicillin subgroup of the β-lactam antibiotic class), is an oral prodrug pivmecillinam for the treatment of urinary tract infections.

UTILITY therapeutics's top competitors include Spero Therapeutics, Melinta Therapeutics and Vedanta Biosciences.

UTILITY therapeutics offers Antibiotic Therapies and Product Pipeline.

UTILITY therapeutics has 1 investor. Key investors include Alembic Pharmaceuticals.

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