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DateInvestorsAmountRound
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€390k

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€2.3m

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€3.3m

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Total FundingAUD10.3m

Recent News about Khondrion

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Khondrion is a clinical-stage biopharmaceutical company focused on discovering and developing therapies for mitochondrial diseases. These are rare genetic disorders that affect the mitochondria, the energy-producing structures within cells. Founded by Professor Jan Smeitink, a leading expert in mitochondrial medicine, Khondrion is advancing its proprietary science through a pipeline of potential medicines, both in clinical and preclinical stages.

The company primarily serves patients suffering from mitochondrial diseases, such as maternally inherited diabetes and deafness (MIDD) and MELAS (mitochondrial encephalopathy, lactic acidosis, and stroke-like episodes). These conditions are often debilitating and currently lack effective treatments, making Khondrion's work crucial for improving patient outcomes.

Khondrion operates in the biopharmaceutical market, which involves the development of drugs derived from biological sources. The company has received significant recognition, including Orphan Drug Designation from the European Commission and Rare Pediatric Disease Designation from the US FDA. These designations are granted to encourage the development of treatments for rare diseases and provide certain benefits, such as market exclusivity and financial incentives.

Khondrion's business model revolves around the research and development (R&D) of small molecule therapies. Small molecules are low molecular weight compounds that can easily enter cells and affect biological processes. The company makes money by advancing these therapies through clinical trials and eventually bringing them to market, either independently or through partnerships with larger pharmaceutical companies. Revenue streams may include drug sales, licensing agreements, and milestone payments from collaborators.

In summary, Khondrion is dedicated to transforming the lives of patients with mitochondrial diseases through innovative therapies. The company's strategic focus on rare genetic disorders, combined with its robust pipeline and regulatory support, positions it as a promising player in the biopharmaceutical industry.

Keywords: mitochondrial disease, biopharmaceutical, clinical-stage, therapies, R&D, Orphan Drug, rare diseases, small molecules, regulatory support, innovative treatments.

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