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Prelude Therapeutics
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U.S.A
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200 Powder Mill Road Wilmington, DE 19803 Phone: (302) 467-1280
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(302)467-1280
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Details:

The company intends to use the net proceeds to primarily fund the continued advancement of its SMARCA2 portfolio, including its IV molecule, PRT3789, a potent and highly selective SMARCA2 degrader.


Lead Product(s): PRT3789

Therapeutic Area: Oncology Product Name: PRT3789

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Undisclosed

Deal Size: $25.0 million Upfront Cash: Undisclosed

Deal Type: Private Placement December 11, 2023

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Under the agreement, Prelude and AbCellera will jointly discover, develop, and commercialize potentially first-in-class treatments for patients with cancer by combining deep expertise in antibody and small molecule development to create precision ADC therapies for patients.


Lead Product(s): Undisclosed

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: DiscoveryProduct Type: Large molecule

Partner/Sponsor/Collaborator: AbCellera

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Partnership November 01, 2023

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The net proceeds of the offering will advance company's current clinical pipeline, including PRT2527, PRT1419, PRT3645 and PRT3789, advance its research and discovery efforts including its efforts for a new SMARCA2 oral molecule.


Lead Product(s): PRT2527

Therapeutic Area: Oncology Product Name: PRT2527

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Morgan Stanley

Deal Size: $100.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering May 18, 2023

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Prelude intends to use the net proceeds to advance its current clinical pipeline, including PRT2527, PRT1419, PRT3645 and PRT3789 and advance its research and discovery efforts including its efforts for a new SMARCA2 oral molecule.


Lead Product(s): PRT2527

Therapeutic Area: Oncology Product Name: PRT2527

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Morgan Stanley

Deal Size: $100.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering May 17, 2023

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Under the agreement, BeiGene will provide zanubrutinib to Prelude and will collaborate for future evaluation of Prelude's investigational CDK9 inhibitor, PRT2527, in combination with it’s BTK inhibitor, zanubrutinib, in hematologic malignancies.


Lead Product(s): PRT2527,Zanubrutinib

Therapeutic Area: Oncology Product Name: PRT2527

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: BeiGene

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Collaboration March 15, 2023

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PRT3789 is a Potent and Selective First-in-Class SMARCA2 Protein Degrader. Preclinical models demonstrated that selective degradation of SMARCA2 with potent and highly selective molecule PRT3789, resulted in significant anti-tumor activity at well tolerated doses.


Lead Product(s): PRT3789

Therapeutic Area: Oncology Product Name: PRT3789

Highest Development Status: IND EnablingProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 18, 2022

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Details:

PRT3645 is a highly potent, selective and brain penetrant CDK4/6 inhibitor that demonstrated greater than 10x brain penetration compared to approved CDK4/6 agents in preclinical models. Prelude intends to develop PRT3645 in the underserved cancers.


Lead Product(s): PRT3645

Therapeutic Area: Oncology Product Name: PRT3645

Highest Development Status: PreclinicalProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 09, 2022

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Details:

First patient has been dosed in its first-in-human Phase 1 open-label, multicenter, dose-escalation study of PRT1419 in patients with relapsed/refractory hematologic malignancies.


Lead Product(s): PRT1419

Therapeutic Area: Oncology Product Name: PRT1419

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 30, 2020

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Details:

The company's first clinical candidate, PRT543, is currently in a Phase 1 trial in select solid tumors and myeloid malignancies in patients who are refractory to or intolerant of established therapies.


Lead Product(s): PRT543

Therapeutic Area: Oncology Product Name: PRT543

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Morgan Stanley

Deal Size: $100.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering September 04, 2020

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