Company intelligence / Profile preview
FeRx
- Ownership
- Private
- Employees
- ~50
- Development stage
- Other
Overview
FeRx developed a magnetic nanoparticle-based drug delivery system designed to deliver chemotherapy directly to tumors using an external magnet. Its lead product, MTC-doxorubicin ("MTC‑DOX"), received orphan drug designation for primary liver cancer but failed to show sufficient benefit in Phase 2 trials and was discontinued. The company ceased operations after failing to secure additional funding following disappointing clinical results[3].
- Therapeutic areas
- Oncology
- Modalities
- Small moleculeNanoparticle (specifically, magnetic targeted carrier microparticles)Biologic (potential platform use)Gene therapy vector (potential platform use)
- Industry
- Biotech
Drug pipeline
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