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Palvella Therapeutics
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125 Strafford Avenue Suite #360 Wayne, PA 19087
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484-253-1460
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The partnership aims to accelerate Phase 3 development of Qtorin™ rapamycin for the treatment of Microcystic Lymphatic Malformations (Microcystic LMs).


Lead Product(s): Sirolimus

Therapeutic Area: Rare Diseases and Disorders Product Name: Qtorin

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Ligand Pharmaceuticals

Deal Size: Undisclosed Upfront Cash: $5.0 million

Deal Type: Partnership December 01, 2023

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Qtorin (rapamycin) is a macrocyclic lactone antibiotic produced by bacteria Streptomyces hygroscopicus. It is being evaluated for the treatment of microcystic lymphatic malformations.


Lead Product(s): Sirolimus

Therapeutic Area: Rare Diseases and Disorders Product Name: Qtorin

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 16, 2023

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Qtorin (rapamycin) a topical mTOR inhibitor, which is being investigated for the treatment of microcystic lymphatic malformations and in individuals with basal cell carcinomas (BCCs) in gorlin syndrome (GS).


Lead Product(s): Sirolimus

Therapeutic Area: Genetic Disease Product Name: Qtorin

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 20, 2023

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Qtorin (rapamycin), a topical mTOR inhibitor and the lead product candidate from the QTORIN™ platform, is being investigated in Phase 3 clinical trial for the treatment of Pachyonychia Congenita (PC).


Lead Product(s): Sirolimus

Therapeutic Area: Genetic Disease Product Name: Qtorin

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 20, 2023

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Qtorin™ (rapamycin) is the lead product candidate from Palvella’s QTORIN™ platform and is initially under evaluation for for the treatment of individuals with Pachyonychia Congenita and Microcystic LM, as well as for the prevention of BCCs in individuals with GS.


Lead Product(s): Sirolimus

Therapeutic Area: Rare Diseases and Disorders Product Name: Qtorin

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 09, 2023

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Qtorin™ (rapamycin) is the lead product candidate from Palvella’s QTORIN™ platform and is initially under evaluation for for the treatment of individuals with Pachyonychia Congenita and Microcystic LM, as well as for the prevention of BCCs in individuals with GS.


Lead Product(s): Sirolimus

Therapeutic Area: Genetic Disease Product Name: Qtorin

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 21, 2023

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Proceeds from the financing will be used to advance the development QTORIN rapamycin anhydrous gel for the treatment of Pachyonychia Congenita, treatment of Microcystic Lymphatic Malformations, and for the prevention of Basal Cell Carcinomas in Gorlin Syndrome.


Lead Product(s): Sirolimus

Therapeutic Area: Genetic Disease Product Name: QTORIN

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Petrichor

Deal Size: $37.7 million Upfront Cash: Undisclosed

Deal Type: Series D Financing January 05, 2023

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The milestone payment comes as a result of a development funding and royalties agreement to advance their lead product candidate PTX-022 (QTORIN™ 3.9% rapamycin anhydrous gel) for the treatment of pachyonychia congenita.


Lead Product(s): Sirolimus

Therapeutic Area: Genetic Disease Product Name: Undisclosed

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Recipient: Ligand Pharmaceuticals

Deal Size: $3.0 milion Upfront Cash: $2.0 milion

Deal Type: Agreement May 28, 2020

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