Phoenix PharmaLabs
Private Company
Total funding raised: $7.5M
Overview
Phoenix PharmaLabs is a U.S.-based drug developer targeting the opioid crisis with a pipeline of next-generation, non-addictive pain medications. Its lead asset, PPL-138, demonstrates high potency without the euphoric 'high' of mu-opioid receptor agonists, based on robust preclinical data. The company is funded primarily by U.S. government grants and private investment, with plans to advance into Phase 1 clinical trials. Phoenix seeks partnerships to co-develop and commercialize its candidates for significant unmet needs in pain management and addiction treatment.
Technology Platform
Proprietary small-molecule platform targeting opioid receptors to develop analgesics with high potency but low risk of abuse, addiction, and respiratory depression.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
The field of next-generation pain therapeutics is competitive, with numerous biotechs and pharma companies pursuing non-opioid mechanisms and improved opioids with reduced side effects. Phoenix's specific approach of a multi-indication opioid analog faces competition from both new chemical entities and repurposed drugs for addiction and PTSD.