Alpine Immune Sciences (AIS) was founded in 2015 and seed funded by Alpine BioVentures. AIS is focused on developing novel proteinbased immunotherapies using its proprietary variant immunoglobulin domain (vIgD) platform technology. The vIgD platform, unlike other therapeutic approaches in development or available commercially, is designed to interact with multiple targets simultaneously in the immune synapse using a single molecule. AIS' vIgDs are developed using a unique process known as directed evolution to leverage the naturally occurring ligands immune cells use to communicate. AIS has developed its vIgD platform to either enhance or diminish an immune response, making the vIgD technology applicable for both cancer indications as well as for autoimmune diseases. AIS has also developed its transmembrane immunomodulatory protein (TIP) technology, based on the vIgD platform, for direct applications with engineered cellular therapies, potentially improving their efficacy and persistence. In October of 2015 AIS signed a worldwide research and license agreement with Kite Pharma, Inc. worth up to $530 million allowing Kite access to certain targets developed using the AIS TIP˘ platform.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
06/13/16 | $48,000,000 | Series A |
Alpine BioVentures Frazier Healthcare OrbiMed Advisors | undisclosed |