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Investment

Pfizer invests $25 million in Ribon

by Gina Vitale
February 3, 2023 | A version of this story appeared in Volume 101, Issue 5
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Pfizer has invested $25 million in Ribon Therapeutics, a small-molecule drug developer targeting stress support pathways. Ribon intends to put the funds toward the clinical development of two small-molecule inhibitors, one in oncology and one in immunology. A Pfizer exec will also join Ribon’s advisory board as part of the investment. In November 2022, Boehringer Ingelheim agreed to acquire one of Ribon’s preclinical programs for an undisclosed amount.

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