BioAtla

BioAtla

BCABPhase 2
San Diego, United Statesbioatla.com

BioAtla is pioneering a novel class of therapeutics called Conditionally Active Biologics (CABs), designed to be active only in the specific physiological conditions of diseased tissue, such as the acidic, hypoxic tumor microenvironment. This approach aims to unlock previously undruggable targets and improve the safety and efficacy of cancer therapies. The company has built a robust intellectual property portfolio with over 700 patents and applications and is led by a seasoned team with decades of biotech experience. Its strategy focuses on advancing its internal CAB pipeline while exploring potential partnerships for its platform technology.

Market Cap
$12.5M
Focus
Biologics

BCAB · Stock Price

USD 0.174.30 (-96.23%)

Historical price data

AI Company Overview

BioAtla is pioneering a novel class of therapeutics called Conditionally Active Biologics (CABs), designed to be active only in the specific physiological conditions of diseased tissue, such as the acidic, hypoxic tumor microenvironment. This approach aims to unlock previously undruggable targets and improve the safety and efficacy of cancer therapies. The company has built a robust intellectual property portfolio with over 700 patents and applications and is led by a seasoned team with decades of biotech experience. Its strategy focuses on advancing its internal CAB pipeline while exploring potential partnerships for its platform technology.

Technology Platform

Proprietary Conditionally Active Biologics™ (CAB) platform that engineers antibodies and other proteins to be functionally active only within the specific physiological conditions (e.g., low pH, hypoxia) of the tumor microenvironment, aiming to improve therapeutic index.

Pipeline Snapshot

7

7 drugs in pipeline

DrugIndicationStage
Ozuriftamab Vedotin + Pembrolizumab + Evalstotug (BA3071) + CetuximabHead and Neck CancerPhase 2
CAB-AXL-ADC + PD-1 inhibitorNon-Small-Cell Lung CancerPhase 2
Durvalumab + BA3011 + BA3021 + ENB003 + ToripalimabOvarian CancerPhase 2
CAB-ROR2-ADC + PD-1 inhibitorNon Small Cell Lung CancerPhase 1/2
CAB-AXL-ADC + PD-1 inhibitorUndifferentiated Pleomorphic SarcomaPhase 1/2

Funding History

4

Total raised: $495M

IPO$240MUndisclosedDec 11, 2020
Series C$160MMorningside VenturesFeb 15, 2020
Series B$75MMorningside VenturesJul 15, 2018
Series A$20MMorningside VenturesMar 15, 2016

Opportunities

The primary growth opportunity lies in clinically validating the CAB platform, which could unlock partnerships, expand the druggable target universe in oncology, and lead to best-in-class therapeutics with superior safety profiles.
Success with its lead AXL-ADC could position BioAtla as a leader in next-generation, tumor-microenvironment-aware therapies.

Risk Factors

Key risks include clinical failure of its lead asset BA3011, which would challenge the core platform thesis; the high cash burn rate typical of clinical-stage biotechs necessitating dilutive financing; and intense competition in the ADC and targeted oncology spaces from larger, well-resourced companies.

Competitive Landscape

BioAtla competes with established ADC developers (e.g., Pfizer, Daiichi Sankyo) and other biotechs with conditionally active therapeutic platforms (e.g., CytomX). Its differentiation is the specific use of tumor microenvironment conditions like pH to control drug activity, a approach that must prove clinically superior to achieve market success.

Company Info

TypeTherapeutics
LocationSan Diego, United States
StagePhase 2
RevenuePre-revenue

Trading

TickerBCAB
ExchangeNASDAQ

Contact

bioatla.com+1 858-558-0708

Therapeutic Areas

Oncology
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