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Pandion Therapeutics
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Country
U.S.A
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Address
610 Main Street, Cambridge, MA 02139
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(617) 393-5925

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Pandion's lead candidate, PT101, is an engineered IL-2 mutein fused to a protein backbone designed to selectively activate and expand regulatory T cells (Tregs) for the potential treatment of ulcerative colitis and other autoimmune diseases.


Lead Product(s): PT101

Therapeutic Area: Gastroenterology Product Name: PT101

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Merck & Co

Deal Size: $1,850.0 million Upfront Cash: $1,850.0 million

Deal Type: Acquisition April 01, 2021

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Under the terms of the agreement, Pandion will utilize Selexis’ proprietary SUREtechnology Platform™ to rapidly develop the research cell banks (RCBs) necessary to advance PT627 to human trials.


Lead Product(s): PT627

Therapeutic Area: Immunology Product Name: PT627

Highest Development Status: PreclinicalProduct Type: Large molecule

Recipient: KBI Biopharma

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Agreement March 16, 2021

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Details:

Pandion's lead candidate, PT101, is an engineered IL-2 mutein fused to a protein backbone designed to selectively activate and expand regulatory T cells (Tregs) for the potential treatment of ulcerative colitis and other autoimmune diseases.


Lead Product(s): PT101

Therapeutic Area: Gastroenterology Product Name: PT101

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Merck & Co

Deal Size: $1,850.0 million Upfront Cash: $1,850.0 million

Deal Type: Acquisition February 25, 2021

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The research, done in collaboration with St Vincent’s Institute of Medical Research in Australia and funded by JDRF and the JDRF T1D Fund, showed that PT001 treatment delayed the onset of hyperglycemia in a mouse model of Type 1 diabetes.


Lead Product(s): Glycopyrronium Bromide

Therapeutic Area: Immunology Product Name: PT001

Highest Development Status: PreclinicalProduct Type: Undisclosed

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 22, 2021

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Pandion utilizes its TALON (Therapeutic Autoimmune reguLatOry proteiN) drug design and discovery platform to create antibody-based candidates that target known control nodes in the immune system.


Lead Product(s): Glycopyrronium Bromide

Therapeutic Area: Immunology Product Name: PT001

Highest Development Status: PreclinicalProduct Type: Undisclosed

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 28, 2020

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Funds will be used in company's lead asset, PT101, a combination of an interleukin-2 mutein effector module with a protein backbone, designed to selectively expand regulatory T cells systemically without activating proinflammatory cells.


Lead Product(s): PT101

Therapeutic Area: Gastroenterology Product Name: PT101

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Undisclosed

Deal Size: $75.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering June 29, 2020

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Patent protects foundational intellectual property and pioneering work on Pandion’s therapeutic autoimmune regulatory protein (TALON) drug design platform.


Lead Product(s): PT101

Therapeutic Area: Gastroenterology Product Name: Undisclosed

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 09, 2020

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Proceeds to support advancement of pipeline of modular proteins and bifunctional antibodies for autoimmune diseases, including lead clinical-stage IL?2 mutein program.


Lead Product(s): PT101

Therapeutic Area: Immunology Product Name: Undisclosed

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Access Biotechnology

Deal Size: $80.0 million Upfront Cash: Undisclosed

Deal Type: Series B Financing April 01, 2020

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Trial to evaluate safety and tolerability of PT101, as well as expansion of regulatory T cells.


Lead Product(s): PT101

Therapeutic Area: Gastroenterology Product Name: Undisclosed

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 24, 2020

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Details:

Under the agreement, Pandion will be able to use Ligand’s full OmniAb antibody discovery platform which includes OmniRat®, OmniFlic®, OmniMouse®, OmniChicken® and OmniClic™.


Lead Product(s): Antibodies

Therapeutic Area: Immunology Product Name: Undisclosed

Highest Development Status: DiscoveryProduct Type: Large molecule

Recipient: Ligand Pharmaceuticals

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Licensing Agreement January 13, 2020

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