
Small Molecule Drug Developer

9Month2Day, by Nobel laureateDavid BakerCo-foundedCHARM TherapeuticsAnnouncement Completed8000Million USD Over-subscriptionBRound of financing. This round of financing was led byNew Enterprise AssociateAndSR OneCo-led by, existing investorsOrbiMed、F-Prime、Khosla VenturesAndNVIDIAFollow-on investment. The proceeds will be used to advance the next generationmeninClinical Development of Inhibitors.

Acute Myeloid Leukemia (AML) is an aggressive blood cancer with rapid progression, and many patients have a poor prognosis.AMLA key driver ismeninAndKMT2AProtein between-Protein Interactions,KMT2ACoding Lysine Methyltransferase2A. In normal cells,KMT2AHelps control transcription and differentiation. However, in someAMLSubtype,meninAndKMT2AThe combination drives the upregulation of genes that directly promote the formation and maintenance of leukemia cells.
MeninInhibitors are clinically validatedAMLTherapeutic Drugs(The world's firstmeninInhibitorrevumenibIn2024Year11Month15Daily HarvestFDAApproved for Marketing), by restoring normal gene regulation and triggering the differentiation or death of cancer cells. However, the first-generation therapies are limited bymeninThe limitation of rapid emergence of drug-resistant mutations in proteins, which reduces efficacy and leads to recurrence and disease progression. Additionally, some first-generationmeninThe efficacy of inhibitors may be limited by safety risks, such asQTcProlonged, poor drug properties (e.g., drugs-The possibility of drug interactions) and the need for high therapeutic doses.

Co-founder of CHARM Therapeutics (Source: Company website)
CHARMFounded in2021Year, dedicated to leveraging its proprietaryAIDriving drug discovery platforms to pioneer the next generation of precision oncology treatments. To date, the company has raised over1.5Billion US dollars.
"Our Candidate for the Next GenerationmeninInhibitors Represent ChangeAML"An important opportunity for patients' prognosis, the company looks forward to initiating clinical development early next year."CHARMCEOGary D. GlickDr. said.
References:
[1]https://charmtx.com/charm-therapeutics-raises-80-million-in-series-b-financing-to-advance-development-of-best-in-class-menin-inhibitor-for-aml/
[2]https://corserahealth.com/news
[3]https://www.prnewswire.com/news-releases/syndax-announces-fda-approval-of-revuforj-revumenib-the-first-and-only-menin-inhibitor-to-treat-adult-and-pediatric-patients-with-relapsed-or-refractory-acute-leukemia-with-a-kmt2a-translocation-302307513.html
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