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§ Private Profile · Montréal, QC, Canada
Biotechnology company discovers & develops monoclonal antibody therapeutics for cancer & bone diseases via proprietary platform.
Alethia BioTherapeutics is a Montreal, Quebec-based biotechnology company that discovers and develops monoclonal antibody therapeutics for cancer and bone diseases. The enterprise utilizes its proprietary STAR discovery platform to identify novel targets for treating invasive carcinomas, including ovarian and breast cancers, by focusing on processes like epithelial-to-mesenchymal transition to improve chemotherapy responses. Operating with an estimated 11 to 50 employees, the privately held biopharmaceutical firm generates approximately $5.4 million in annual revenue. The company has historically raised over $15 million in venture capital funding from institutional investors including BDC Venture Capital, GO Capital, and AgeChem Venture Fund. Its clinical pipeline includes the lead candidate AB-16B5, which successfully initiated Phase 1 clinical trials and received Orphan Drug Designation from the US FDA for ovarian cancer treatment. Alethia BioTherapeutics was originally founded in 2002 by Mario Filion.
Alethia BioTherapeutics has raised $16.0M across 3 funding rounds.
Alethia BioTherapeutics has raised $16.0M in total across 3 funding rounds.
Alethia BioTherapeutics is a privately held, clinical‑stage biotechnology company developing monoclonal‑antibody therapeutics that target cancer‑associated epithelial‑to‑mesenchymal transition (EMT), with lead program AB‑16B5 designed to improve chemotherapy response and reduce tumor invasion[4][3].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech / Biotech Landscape
Quick Take & Future Outlook
Quick take: Alethia is a focused Montreal‑based biotech advancing a biologically specific EMT inhibitor (AB‑16B5) through clinical development; upcoming clinical data and partnership activity will determine whether its EMT‑targeting approach becomes a validated complement to existing cancer therapies[4][3][1].
Alethia BioTherapeutics has raised $16.0M across 3 funding rounds. Most recently, it raised $5.0M Series B in November 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2012 | $5M Series B | — | BDC Venture Capital, Agechem, Cellscript, GO Capital | Announced |
| Sep 1, 2010 | $9M Series A | BDC Venture Capital, Elizabeth Douville, PhD, ICD.D, GO Capital | AmorChem, Epicentre Technologies Corporation | Announced |
| Apr 1, 2008 | $2M Seed | — | BDC Venture Capital | Announced |
Alethia BioTherapeutics has raised $16.0M in total across 3 funding rounds.
Alethia BioTherapeutics's investors include BDC Venture Capital, AgeChem, Cellscript, Go Capital, Elizabeth Douville, PhD, ICD.D, Amorchem, Epicentre Technologies Corporation.