We are inventors.
Pathfinder Pharmaceuticals focuses on the earliest stages of drug discovery and development. We apply emerging science to clinical problems. We take a collaborative, inter-disciplinary approach to identifying opportunities to make better medicines and then inventing the candidates that will become those medicines.
Business Model
Our business model follows four steps:
· Invent novel drug candidates
· Protect these inventions with patent filings
· Demonstrate their value by development through a clinical proof of concept
· Capture their value by licensing to a larger pharma partner for late stage development and commercialization
This model creates a self-sustaining cycle of innovation and revenue generation as Pathfinder scientists identify and pursue the opportunities created by their ongoing scientific discoveries.
Advantages of this business model include
· Supplies a New and Growing Market: Large pharmaceutical companies are increasingly supplementing their internal R&D efforts with external acquisitions, but clinical-stage licensing candidates are in short supply. Pathfinder addresses this market gap by creating such candidates.
· Maintains Company Focus: Transitioning drug candidates to a larger partner during development allows Pathfinder to focus on the early stage research that is our strength.
· Creates Solid Cash Flow: Licensing high quality candidates provides significant, recurring revenue in the form of licensing fees, milestone payments, and royalties.
History & Location
Pathfinder Pharmaceuticals was founded in 2008. The company is currently located in laboratory space in downtown Durham, NC.