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§ Public · Tel Aviv, Israel
Clinical-stage biotech company developing therapeutics for fibrosis-related and fibro-inflammatory diseases of the liver, skin, and lung.
Chemomab Therapeutics is a clinical-stage biotechnology company based in Tel Aviv, Israel, that develops specialized therapeutics for severe fibrosis-related and fibro-inflammatory diseases. The organization focuses on addressing rare medical conditions through its primary drug candidate, CM-101, which operates as a first-in-class monoclonal antibody specifically designed to target the CCL24 protein. By interfering with the underlying biological mechanisms of liver, skin, and lung fibrosis, the enterprise is currently advancing three separate Phase 2 clinical trials in parallel to evaluate treatment efficacy. Operating within the broader global pharmaceutical sector, the business finances its ongoing research and development pipeline through public market capital, trading as an American Depositary Receipt under the ticker symbol CMMB. The clinical pipeline aims to provide new pharmacological interventions for patients lacking effective standard-of-care options. Chemomab Therapeutics was officially established in the year 2011.
Chemomab has raised $30.0M across 2 funding rounds.
Chemomab has raised $30.0M in total across 2 funding rounds.
Chemomab is a clinical-stage biotechnology company developing innovative therapeutics targeting fibro-inflammatory diseases with high unmet medical needs.[1] Its lead candidate, nebokitug, is a monoclonal antibody that neutralizes the soluble protein CCL24, which drives fibrosis and inflammation; it has demonstrated a favorable safety profile in clinical and preclinical studies and targets severe conditions like primary sclerosing cholangitis (PSC), systemic sclerosis (SSc), and other life-threatening fibro-inflammatory disorders.[1]
Chemomab serves patients with rare and debilitating diseases lacking effective treatments, solving the core problem of uncontrolled fibrosis and inflammation that leads to organ damage.[1] The company has reported positive Phase 2 results from the SPRING trial in PSC, meeting safety endpoints and showing improvements in disease progression markers, with recent FDA alignment on a single Phase 3 pivotal trial—positioning nebokitug as a potential first approved therapy for PSC without needing biopsies or confirmatory studies.[1] Growth momentum includes ongoing Phase 3 preparations, an open U.S. IND for SSc, and discussions with strategic partners.[1]
Chemomab emerged from research highlighting the pivotal role of CCL24 in fibrosis and inflammation, leading to the development of nebokitug as a targeted monoclonal antibody.[1] While specific founder details are not detailed in available sources, the company's focus crystallized around CCL24's unique mechanism, validated through preclinical studies showing nebokitug's broad potential across fibro-inflammatory diseases.[1]
Early traction came from clinical trials, including the Phase 2 SPRING trial in PSC patients, which delivered positive 15-week and 48-week results—achieving primary safety endpoints and secondary improvements in moderate-to-advanced disease.[1] Pivotal moments include FDA alignment on a streamlined Phase 3 pathway for PSC, derisking the program with data suggesting reduced clinical events like disease progression.[1]
Chemomab rides the wave of precision immunology in biotech, targeting specific cytokines like CCL24 amid rising focus on fibrosis-modifying therapies for rare diseases.[1] Timing is ideal as PSC and SSc lack approved treatments, with market forces like accelerated FDA pathways and orphan drug incentives favoring derisked assets—evidenced by SPRING trial successes and Phase 3 readiness.[1]
The company influences the ecosystem by validating CCL24 as a novel target, potentially inspiring similar antibody platforms and attracting partnerships to scale fibro-inflammatory innovation.[1]
Chemomab is poised for a Phase 3 readout in PSC, with partner deals likely accelerating commercialization of nebokitug as a breakthrough for unmet needs.[1] Trends like AI-driven target discovery and fibrosis-focused M&A will shape its path, evolving its influence from clinical pioneer to multi-disease leader in immunology.[1] This positions Chemomab to transform fibro-inflammatory care, building directly on its CCL24 innovation.
Chemomab has raised $30.0M in total across 2 funding rounds.
Chemomab's investors include Presight Capital, Peter Thiel, OrbiMed, 5eyes Ventures, Founder Collective, Founders Fund, Justin Mateen, Milestone Venture Partners, SBI JI Innovation Fund.
Chemomab has raised $30.0M across 2 funding rounds. Most recently, it raised $20.0M Series C in November 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2019 | $20M Series C | — | Presight Capital | Announced |
| Dec 1, 2017 | $10M Series B | Peter Thiel, OrbiMed | 5eyes Ventures, Founder Collective, Founders Fund, Justin Mateen, Milestone Venture Partners, SBI JI Innovation Fund | Announced |