True North Therapeutics

Biotech · Acquired

Monoclonal antibodies that inhibit the alternative pathway of complement, specifically targeting Factor Bb to treat paroxysmal nocturnal hemoglobinuria and related complement-mediated diseases

Grants
$450K
2 awards
Sector median: 1
Raised
—
No Form D on record
Contracts
—
No federal contracts on record
Patents
14
8 granted · 6 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal grant· 1 of 2 same dayDepartment of Health and Human Services · Phase I · Development of Monoclonal Antibodies to the Alternative Complement Pathway-Specific Protein Activated Factor B (fBb)as Therapeutics for PNH$225,000
Federal grant· 2 of 2 same dayDepartment of Health and Human Services · Phase I · Development of Monoclonal Antibodies to the Alternative Complement Pathway-Specific Protein Activated Factor B (fBb)as Therapeutics for PNH$225,000
Federal grant · SBIR/STTR

Peer position

Biotech · 4373 companies · ranked on federal contract value
Biotech companies ranked by federal contract value
#CompanyContractsDisclosed equity
3355enGene Holdings——
3356Med Aditus Pharmaceuticals, Inc.—$5.0M
3357CHRONUS PHARMACEUTICALS, INC.——
3358True North Therapeutics——
3359Neomorph——
3360ALPHAMEMORY, LLC——
3361CORMEDIX, INC.—$3.5M

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.

Patents

USPTO · 8 granted of 14

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.