VarmX

company

About

VarmX B.V. is manufacturing therapeutic proteins to instantaneously restore blood clotting in bleeding patients.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
€2.50M
Industries
Manufacturing,Pharmaceutical,Therapeutics
Founded date
Jan 1, 2016
Number Of Employee
1 - 10
Operating Status
Active

VarmX is a pharmaceutical spin-off from the Leiden University Medical Center.
The mission of VarmX is to develop and manufacture therapeutic proteins to instantaneously restore blood clotting in bleeding patients. The lead product in the pipeline of VarmX is PseudoXa. PseudoXa is a modified recombinant human coagulation factor X which is capable of immediately restoring blood clotting in the presence of direct factor Xa anticoagulants (DOACS) such as rivaroxaban, apixaban, and edoxaban.

These factor Xa coagulants are taken by millions of patients world-wide for the prevention and treatment of thrombosis and stroke, but as a side effect severe bleeding often occurs. PseudoXa is capable of stopping and preventing such bleedings thus making the usage of DOACS much safer.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
€17.50M
VarmX has raised a total of €17.50M in funding over 2 rounds. Their latest funding was raised on Oct 21, 2021 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 21, 2021 Grant €2.50M 1 European Innovation Council Detail
Oct 21, 2021 Series Unknown €15M 1 European Innovation Council Detail

Investors

Number of Lead Investors
Number of Investors
2
1
VarmX is funded by 1 investors. European Innovation Council are the most recent investors.
Investor Name Lead Investor Funding Round
European Innovation Council Yes Grant