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§ Private Profile · 10578 Science Center Dr Ste 200, San Diego, California, 92121, United States
Pipeline Therapeutics is a company.
Pipeline Therapeutics has raised $137.0M across 3 funding rounds.
Key people at Pipeline Therapeutics.
Pipeline Therapeutics has raised $137.0M in total across 3 funding rounds.
Contineum Therapeutics, formerly Pipeline Therapeutics, develops first-in-class oral small molecule therapies for neurological, inflammatory, and immunological conditions. The company modulates critical biological pathways, aiming to restore function and influence disease progression. Its pipeline advances drug candidates through clinical trials, addressing unmet needs in chronic disorders.
Contineum originated in 2014 as Pipeline Therapeutics, established by Versant Ventures. This launch followed Roche’s acquisition of the Inception 5 program, a Versant-backed initiative focused on remyelination discoveries. Brian Stearns and Daniel Lorrain, having led Inception 5’s translational efforts, shaped Pipeline’s mission to translate academic insights into novel therapies. Daniel Lorrain remains Chief Scientific Officer.
The company serves patients with debilitating neurological, inflammatory, and immunological conditions. Contineum’s vision is to meaningfully reduce clinical disability, empowering individuals to improve health and quality of life. It builds a robust therapeutic franchise through targeted discovery and development.
Key people at Pipeline Therapeutics.
Pipeline Therapeutics Inc., now rebranded as Contineum Therapeutics, Inc., is a clinical-stage biopharmaceutical company based in San Diego, California, focused on developing novel oral small molecule therapies for neuroscience, inflammation, and immunology (NI&I) indications with high unmet needs.[1][2][5] The company targets biological pathways linked to clinical impairments in disorders like idiopathic pulmonary fibrosis (IPF), progressive multiple sclerosis (PMS), relapse-remitting multiple sclerosis (RRMS), chronic pain, and major depressive disorder, with key pipeline candidates including PIPE-791 (an LPA1 receptor antagonist in Phase 1 for IPF and PMS) and PIPE-307 (a selective M1 receptor inhibitor in Phase 2 for RRMS and planned for depression).[2] It serves patients with these debilitating conditions by aiming to create precision small molecules that modulate innate pathways to restore function and alter disease progression, building growth momentum through clinical advancements, a name change in December 2023 to reflect pipeline expansion into fibrotic diseases, and going public in April 2024 under CEO Carmine Stengone.[1][2]
Founded in 2017 in California as a biotechnology firm specializing in small molecule neuroregeneration therapies, Pipeline Therapeutics evolved from a focus on neuroscience to a broader NI&I portfolio.[5][6] The company rebranded to Contineum Therapeutics in December 2023 to signify its "continuous dedication to scientific discovery" and expansion into inflammation, immunology, and fibrotic diseases like IPF, marking a pivotal moment in its development.[2] Led by CEO Carmine Stengone, this shift built on early traction in internally developed programs targeting validated mechanisms such as LPA1 and M1 receptors, positioning it as a nimble player advancing multiple clinical indications.[2]
Contineum rides the wave of precision medicine in NI&I, where small molecule modulators address unmet needs in chronic neurology, inflammation, and fibrosis—markets driven by aging populations, rising disease prevalence, and demand for disease-modifying therapies beyond symptom management.[2] Timing aligns with advances in receptor-specific targeting (e.g., LPA1, M1), fueled by market forces like post-pandemic immunology focus and fibrosis breakthroughs, positioning the company to influence the ecosystem through clinical data that could validate these pathways for follow-on innovations.[2] As a public clinical-stage player, it contributes to biotech's shift toward nimble, multi-asset firms accelerating from discovery to trials amid venture funding constraints.[1][2]
Contineum is poised for Phase 2 readouts and potential partnerships as PIPE-307 and PIPE-791 advance, with trends like AI-driven drug design and combo therapies in NI&I shaping its path toward approvals in high-value indications like MS and IPF.[2] Its influence may grow via milestone-driven value inflection, expanding the neuroregeneration toolkit and exemplifying how focused biotechs evolve to tackle intertwined disease mechanisms—echoing its origins in targeted small molecules now broadened for patient impact.[2]
Pipeline Therapeutics has raised $137.0M in total across 3 funding rounds.
Pipeline Therapeutics's investors include Johnson & Johnson Innovation, Buff Gold Ventures, Versant Ventures, Casdin Capital, Franklin Templeton, Perceptive Advisors, Red Tree Venture Capital, Samsara BioCapital, Sectoral Asset Management, Suvretta Capital Management, Stefan Larson, Hadean Ventures.
Pipeline Therapeutics has raised $137.0M across 3 funding rounds. Most recently, it raised $25.0M Other Equity in April 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 17, 2023 | $25M Venture Round | — | Johnson & Johnson Innovation | Announced |
| Feb 1, 2021 | $80M Series C | — | Buff Gold Ventures, Versant Ventures, Casdin Capital, Franklin Templeton, Perceptive Advisors, RED Tree Venture Capital, Samsara BioCapital, Sectoral Asset Management, Suvretta Capital Management | Announced |
| Dec 1, 2019 | $32M Series B | Stefan Larson | Buff Gold Ventures, Versant Ventures, Hadean Ventures, RBV Capital | Announced |