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Polymed Biopharmaceuticals

Hangzhou, Zhejiang, Chinapolymedbiopharma.com ↗
Ownership
Private
Development stage
Other
01

Overview

Polymed has developed a pipeline of novel bifunctional degraders targeting previously "undruggable" proteins. Their lead asset HPB-143 (an IRAK4 degrader) reached IND clearance with the FDA and was outlicensed to Photys Therapeutics for global development outside Greater China/Southeast Asia. The company also disclosed new FLT3/IRAK4 inhibitors for cancer and autoimmune indications. Clinical data on efficacy/safety are not yet public as of May 2025.

Therapeutic areas
OncologyCardiovascularImmunologyNeurology
Modalities
PROTACs (Proteolysis Targeting Chimeras)Degrader Antibody Conjugates (DACs)small moleculesantibody-drug conjugates
Industry
Biotech
02

Drug pipeline

2 assets

HPB-092

1

1 more asset in the full pipeline.

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03

Partnerships

Photys Therapeutics—exclusive license agreement for global rights to HPB‑143/PHT‑776 outside Greater China/Southeast Asia

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