PALM THERAPEUTICS, INC.

La Jolla, CA · Biotech · Private

Small molecule PPT1 replacement therapy (depalmitoylating molecules/DPALMs) for CLN1 neurodegenerative disease

palmtherapeutics.com →
Grants
$1.2M
4 awards
Sector median: 1
Raised
—
No Form D on record
Contracts
—
No federal contracts on record
Patents
—
No published records under this name
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal grantDepartment of Health and Human Services · Phase I · Targeted Depalmitoylation for the Treatment of NRas-Driven Melanoma$585,110
Federal grantDepartment of Health and Human Services · Phase I · Targeted Depalmitoylation for the Treatment of NRas-Driven Melanoma$123,722
Federal grantDepartment of Health and Human Services · Phase I · A Small Molecule Enzyme Replacement for the Treatment of CLN1$467,091
Federal grantDepartment of Health and Human Services · Phase I · Targeted Depalmitoylation for the Treatment of NRas-Driven Melanoma$61,500
Federal grant · SBIR/STTR

Peer position

Biotech · 4373 companies · ranked on federal contract value
Biotech companies ranked by federal contract value
#CompanyContractsDisclosed equity
2449Ionetix Corp—$38M
2450CALISTOGA PHARMACEUTICALS INC—$35M
2451PROTEAN BIO INC.——
2452PALM THERAPEUTICS, INC.——
2453ILLUMINATE THERAPEUTICS, INC.——
2454TERAPORE TECHNOLOGIES, INC.—$3.5M
2455Plexium—$60M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Regulatory activity · Biotech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.