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Scorpion Therapeutics

Scorpion Therapeutics is a clinical-stage oncology company that specializes in precision medicine for cancer patients.
2020
101-250
101-250
Boston, Massachusetts, United States
  • Drug Discovery and Development
  • Oncology (Cancer)
  • Personalized Medicine Technologies

Innovation

Industry Problem

Cancer patients can respond very differently to the same treatment, while current testing may not reliably identify the therapy most likely to work for each tumor.

R&D Focus

Clinical-stage oncology company that specializes in precision medicine for cancer patients

Innovative Solution

Scorpion Therapeutics is a clinical-stage oncology company specializing in precision medicine for cancer patients. It develops targeted small-molecule drugs to interact with validated cancer targets.

Investment Funding

Last Funding Stage

Series C

Total Funding Amount

420.M

Last Funding Amount

150.M

Last Funding Date

16-07-2024

Startup Stage

M&A

Lead Investors

Lightspeed Venture Partners, Wellington Management, OrbiMed, Fidelity, Vida Ventures

Revenue

$1M to $10M

People

Founders

About

Scorpion Therapeutics is a clinical-stage oncology company specializing in precision medicine for cancer patients. It develops targeted small-molecule drugs to interact with validated cancer targets. It aims to leverage its platform to advance a broad pipeline of wholly-owned, optimized compounds across molecules targeting validated oncogene targets, molecules for previously undruggable targets, and molecules for novel cancer targets.

Products

Product

STX-478 – an oral mutant-selective PI3Kα inhibitor in Phase 1/2 for breast cancer and other advanced solid tumors.

Star Product

STX-478 – the lead precision-oncology program acquired by Eli Lilly.

Demo Product or Complete Product?

Clinical-stage – Phase 1/2.

M&A and Collabs

Acquisitions

Eli Lilly agreed in January 2025 to acquire Scorpion’s STX-478 PI3Kα inhibitor program for up to $2.5 billion; remaining assets were to be placed in a new company.

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