Propella - Ownership and Business Overview

Life ScienceCompany

Propella Ownership

Who owns Propella?

Propella is owned by Astellas Pharma. It was acquired on November 15, 2023.

Propella Business Overview

Where is Propella headquartered?

Propella is headquartered in Pittsboro, North Carolina.

What sector is Propella in?

Propella is a life science company.

Life Science M&A Summary in 2023

Out of 60 sectors in the Mergr database, life science ranked 9 in number of deals in 2023. The largest life science acquisition in 2023 was Seagen - which was acquired by Pfizer for $43.0B.

Join Mergr to view all 196 acquisitions of life science companies in 2023, including 22 acquisitions by private equity firms, and 174 by strategics.

Propella

Propella Therapeutics, Inc.

120 Mosaic Boulevard Suite 120-3,
Pittsboro, North Carolina 27312
United States,
(855) 244-4546
www.propellatx.com

Propella is a biopharmaceutical company that has developed a platform that combines medicinal chemistry with lymphatic targeting to create best- or first-in-class oncology drugs that have validated MOAs and biological targets but suffer from efficacy and safety limitations. Lymphatic targeting enables therapies to be delivered directly to therapeutic target tissues including the lymph nodes and bone, thereby enhancing efficacy and bypassing plasma compartment safety and efficacy limitations and first-pass liver effects. Propella is based in Pittsboro, North Carolina.


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