Purple Biotech Ltd. Sponsored ADR
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−1.0208 USD
−7.27 M USD
0.00 USD
9.28 M
About Purple Biotech Ltd.
Sector
Industry
CEO
Gil Efron
Website
Headquarters
Rehovot
Founded
1968
IPO date
Sep 3, 1978
Identifiers
3
ISIN US74638P2083
Purple Biotech Ltd. is a clinical-stage company, which engages in developing first-in-class therapies that seek to overcome tumor immune evasion and drug resistance. The oncology pipeline includes CM24, NT219, and CAPTN-3. The CM24 is a humanized monoclonal antibody that blocks CEACAM1, which supports tumor immune evasion and survival through multiple pathways. The NT219 is a dual inhibitor, novel small molecule that simultaneously targets IRS1/2 and STAT3. The CAPTN-3, a preclinical platform of conditionally activated tri-specific antibodies, which engage both T cells and NK cells to induce a strong, localized immune response within the tumor microenvironment. The company was founded by John Paul Waymack on August 12, 1968 and is headquartered in Rehovot, Israel.
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