Ownership
Private
Therapeutic Areas
Gastroenterology
Stage
Preclinical
Preclinical
Phase 1
Phase 2
Phase 3
Approved
Modalities
Cannabinoid prodrugsNovel small molecules (including enzyme-based therapeutics)[1][3]

Placer Biosciences General Information

Placer Biosciences is a preclinical-stage biotech company developing novel, non-psychoactive cannabinoid prodrugs and engineered enzymes as potential treatments for inflammatory bowel diseases. The company recently acquired the legacy cannabinoid drug development assets of Graphium Biosciences from Range Impact, including intellectual property and early-stage programs targeting gastrointestinal inflammation. No clinical results have been reported to date.[4][6][8]

Contact Information

Primary Industry
Biotech
Corporate Office
Rocklin, CA
USA

Drug Pipeline

Pre-clinical
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Drug Asset 2
Phase X
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Drug Asset 3
Phase X
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Key Partnerships

Range Impact retains a minority equity interest via warrants as part of the asset sale agreement; no major pharma partnerships disclosed yet.[6][7]

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Placer Biosciences Funding

No funding data available

Early Stage VC (Series A)04-Jun-2020$38MCompletedPhase 1
Seed Round12-Feb-2019$8.5MCompletedStartup

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Placer Biosciences Financial Metrics