Protagonist Therapeutics, Inc.
Ticker(s):
PTGX
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Business Overview
Protagonist Therapeutics, Inc., a biopharmaceutical company, develops peptide therapeutics for hematology and blood disorders, and inflammatory and immunomodulatory diseases. It is developing Rusfertide, an injectable mimetic of hepcidin that is in phase 3 clinical trials for the treatment of polycythemia vera; Icotrokinra, an orally delivered investigational drug which is in phase 3 clinical trials indicated to block biological pathways targeted by marketed injectable antibody drugs; and PN-943, an orally delivered, gut-restricted alpha 4 beta 7 specific integrin antagonist completed a phase 2 clinical trials in patients with moderate to severe ulcerative colitis. The company also develops IL-17 oral peptide antagonist PN-88,1 an oral metabolic/obesity peptide program, and an oral hepcidin mimetic/ferroportin blocker that is in pre-clinical stage. Protagonist Therapeutics, Inc. was incorporated in 2006 and is headquartered in Newark, California.
Contact & Other Information
Number of Employees:
126
Website:
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Protagonist Therapeutics’ 2024 financial performance significantly improved due to the Takeda collaboration and J&J milestone payments, resulting in a substantial increase in revenue and a shift to profitability. However, the company faces risks associated with clinical development, regulatory approvals, and reliance on collaborations.
02/21/2025 | 8-K | 0001104659-25-015897 |Protagonist Therapeutics reports its Q4 and full-year 2024 financial results, highlighting a $165.0 million milestone, progress in clinical trials, and a strong cash position.