Artelo Biosciences

Artelo Biosciences

ARTL
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ARTL · Stock Price

USD 2.68-5.29 (-66.37%)
Market Cap: $2.5M

Historical price data

Market Cap: $2.5MFounded: 2011Employees: 11-50HQ: San Diego, United States

Overview

Artelo Biosciences is a clinical-stage biotech focused on developing therapeutics that modulate lipid-signaling pathways, with a primary mission to improve treatments for cancer and related conditions. Its most advanced asset, ART27.13, has demonstrated promising Phase 2 efficacy in reversing weight loss and improving lean body mass in cancer anorexia-cachexia syndrome (CACS), positioning it as a potential first-in-class therapy. The company's strategy involves advancing this lead program while leveraging its platform to develop additional assets targeting the endocannabinoid system and fatty acid binding proteins. Artelo operates as a public, micro-cap company, navigating the high-risk, high-reward landscape of early-stage drug development.

OncologySupportive Care

Technology Platform

A small molecule platform focused on modulating lipid-signaling pathways, with core expertise in targeting the endocannabinoid system (CB1/CB2 receptors) and intracellular fatty acid binding proteins (FABPs) to develop therapeutics for cancer and related conditions.

Funding History

4
Total raised:$23.5M
PIPE$4.5M
PIPE$6.5M
Series A$10M
Seed$2.5M

Opportunities

Artelo's lead program, ART27.13, targets a multi-billion dollar unmet need in cancer anorexia-cachexia with no FDA-approved therapy, offering first-in-class potential.
Positive Phase 2 interim data demonstrates proof-of-concept for reversing weight loss.
The lipid-signaling platform provides a pipeline of additional assets for oncology and potential expansion into other wasting disorders.

Risk Factors

As a micro-cap, pre-revenue company, Artelo faces high risk of clinical failure with its lead asset, significant future dilution from necessary capital raises, and total dependence on ART27.13 for near-term value creation.
Regulatory hurdles and the eventual need for a commercialization partner add further execution risk.

Competitive Landscape

In CACS, ART27.13 competes in a vacant market with no approved drugs, holding a lead over other investigational approaches like anamorelin and SARMs due to its positive Phase 2 data and peripheral restriction. In the broader FABP5 inhibitor space for oncology, the competitive field is more crowded and earlier-stage, requiring superior data to differentiate.

Company Timeline

2011Founded

Founded in San Diego, United States

2018Series A

Series A: $10.0M

2021PIPE

PIPE: $6.5M