Company intelligence / Profile preview

Portage Pharmaceuticals

Road Town, Tortola, United Kingdomportagebiotech.com ↗

Ownership: Private
Employees: ~25
Development stage: Other

Overview

The company is a clinical-stage immuno-oncology biotech with 10 products across five platforms, but as of 2025 has paused enrollment in lead adenosine receptor antagonist trials due to financial issues, and is considering closure or asset sales. Historical clinical readouts include initial Ph 1 for adenosine antagonists (PORT-6, PORT-7), no pivotal or registrational results available. Recent collaboration with Merck on combination with pembrolizumab was announced, but progress is uncertain due to funding constraints.

Therapeutic areas: OncologyOphthalmology
Modalities: Small moleculeAptamerNanoparticleLiposomeVirus-like particle
Industry: Biotech

Partnerships

Merck/MSD (Keytruda (pembrolizumab) combination trials for adenosine programs)Intensity Therapeutics (clinical supply collaboration, 2024)Juvenescence Ltd. (received milestone and royalty rights for divested legacy subsidiaries)

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