Hansa Biopharma

Hansa Biopharma

HNSA.ST
Lund, Sweden· Est.
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Private Company

Total funding raised: $185M

Market Cap: $310.6MFounded: 2007HQ: Lund, Sweden

Overview

Hansa Biopharma is a Nasdaq Stockholm-listed company (HNSA) focused on developing and commercializing first-in-class immunomodulatory therapies for rare immunological conditions. Its core achievement is the development and commercialization of imlifidase, a first-in-class IgG-cleaving enzyme approved in the EU for desensitization in kidney transplantation. The company's strategy leverages its unique enzyme technology platform to expand into acute autoimmune diseases and desensitization for advanced therapies, aiming to transform care in areas of critical unmet medical need.

Autoimmune DiseasesTransplantationGene Therapy

Technology Platform

Proprietary antibody-cleaving enzyme technology that rapidly and specifically inactivates IgG antibodies. The platform includes a first-generation molecule (imlifidase) for single-dose use and a next-generation candidate (HNSA-5487) designed for potential repeat dosing.

Funding History

5
Total raised:$185M
PIPE$60M
IPO$50M
Series C$40M
Series B$25M

Opportunities

Significant opportunities exist in expanding the approved use of imlifidase into the large U.S.
transplant market, establishing it as a new standard of care in severe acute autoimmune diseases like GBS, and positioning it as a critical enabling technology for the growing field of AAV-based gene therapies, where pre-existing antibodies currently exclude many patients.

Risk Factors

Key risks include commercial execution challenges in a niche hospital setting, clinical trial failures in pivotal autoimmune disease programs, long-term safety monitoring of a potent immunomodulator, and the need for additional capital to fund operations and development, which may lead to dilution.

Competitive Landscape

Hansa faces competition from established, non-specific desensitization regimens (plasmapheresis/IVIg) in transplantation and standard care in autoimmune diseases. Its primary competitive advantage is the unique speed and specificity of its enzyme platform. In the emerging gene therapy enabling space, it is a first-mover against alternative approaches like immunosuppression or engineered viral capsids.

Company Timeline

2007Founded

Founded in Lund, Sweden

2013Series C

Series C: $40.0M

2015IPO

IPO — $50.0M

2020PIPE

PIPE: $60.0M