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Nimbus Therapeutics

AI Drug Discovery
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AI Drug Discovery & Development
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Nimbus Therapeutics is a biotechnology company designing small molecule compounds targeted at various diseases. It utilizes the chemical simulation computational platform built by co-founder Schrödinger Inc., which incorporates artificial intelligence and machine learning, and co-develops drugs by partnering with pharma companies. Its pipeline includes programs in metabolic diseases, cancer, and immune-inflammatory disorders. 

As of March 2024, the company was developing five targets, of which one is in the clinical stage, two are in the preclinical stage, and others remain at a discovery stage. The company initiated investigational new drug (IND)-enabling studies on two novel agents in 2022.

Takeda Pharmaceuticals acquired Nimbus Therapeutics’s fully owned subsidiary, Nimbus Lakshmi, and its tyrosine kinase 2 (TYK2) (intracellular enzyme) program in February 2023 . Following the acquisition, Nimbus’ drug candidate, NDI-034858, for psoriasis was renamed to “TAK-279.” 

Key customers and partnerships

Nimbus Therapeutics’  pharma partners include Roche’s Genentech, Celgene, and Gilead. In December 2023 , Nimbus Therapeutics partnered with Anagenex to discover small-molecule drugs for various complex targets. Further, in October 2022, the company partnered with Eli Lilly to progress the development of novel targeted therapies that activate AMPK to potentially treat a broad range of metabolic disorders.

Funding and financials

In September 2023, the company raised USD 210 million in a private funding round co-led by GV (Google Ventures) in September 2023 to advance Nimbus Therapeutics' pipeline of drugs for various disorders.

AI Drug Discovery

AI Drug Discovery

Key stats
Featured companies
161
Total funding (USD)
25.3 Bn
Total addressable market (USD)
39.6 Bn
Key competitors
 
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Company profile
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EDGE Insights

Digital Health (Q3 2023): Funding gains momentum, GenAI dictates pace of activity
Digital Health (Q3 2023): Funding gains momentum, GenAI dictates pace of activity

Recent Updates

Partnerships
Dec 18, 2023
Nimbus Therapeutics and Anagenex partner to discover small-molecule drugs
AI Drug Discovery
Funding
Sep 6, 2023
Nimbus Therapeutics raises USD 210 million in private financing round
AI Drug Discovery
M&A
Feb 9, 2023
Takeda acquires Nimbus Therapeutics’s subsidiary; pays USD 4 billion upfront
AI Drug Discovery
Funding
Sep 12, 2022
Nimbus Therapeutics closes USD 125 million private financing round
Precision Medicine
Funding
Sep 12, 2022
Nimbus Therapeutics closes USD 125 million private financing round
AI Drug Discovery
Funding
Jul 13, 2021
Nimbus Therapeutics closes USD 105 million private financing round
AI Drug Discovery

Company Brief


HQ location:
130 Prospect Street Suite 301 Boston MA USA
Founded year:
2009
Employees:
51-100
Total Funding:
USD 637.0 million
Last Funding
USD 210.0 million, Sep 2023

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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