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Enthera Pharmaceuticals

Biotech & Life Sciences · Milan, Italy · Founded 2016

Developing first-in-class biologics for several underserved autoimmune conditions MoreLess

Enthera Pharmaceuticals is a clinical-stage biotechnology company headquartered in Milan, Italy, established in 2016 by Professor Paolo Fiorina and Dr. Francesca D'Addio. The company was the first spin-off from BiovelocITA, Italy's pioneering biotech accelerator. Fiorina, an endocrinologist with extensive research experience in autoimmune diabetes and islet transplantation, and D'Addio, who serves as Head of Preclinical Research, leveraged their scientific work to found the company. Their research backgrounds in immunology and diabetes at institutions like the University of Milan and Boston Children's Hospital are foundational to the company's approach.

The company's business is centered on developing first-in-class biologics to address underserved autoimmune conditions, primarily focusing on Type 1 Diabetes (T1D) and Inflammatory Bowel Disease (IBD). Enthera's strategy is not to merely manage symptoms but to develop disease-modifying treatments that preserve and restore organ function. The company operates in the biopharmaceutical market, and its business model involves significant research and development, funded by venture capital, with the goal of bringing novel drugs through clinical trials to market. Enthera has successfully raised a total of €35 million in its Series A financing, which was noted as the largest for an Italian biotech company at the time. This funding was secured from a syndicate of international investors, including Sofinnova Partners, AbbVie Ventures, Roche Venture Fund, and the JDRF T1D Fund.

Enthera's core therapeutic concept is based on the discovery of the IGFBP3/TMEM219 pathway, which plays a role in the programmed cell death (apoptosis) of stem cells in the gut and insulin-producing beta cells in the pancreas. The company's proprietary discovery platform generates a library of monoclonal antibodies (mAbs) and fusion proteins designed to inhibit this pathway. Its lead product candidate is Ebrasodebart (Ent001), a monoclonal antibody that targets the TMEM219 receptor. By binding to this receptor, Ent001 is designed to prevent the cell death that underlies both IBD and T1D. This approach is distinct because it aims to restore the body's own cell compartments—the intestinal structure in IBD and the pancreatic beta cells in T1D. In March 2023, Enthera initiated a Phase 1 clinical trial for Ent001 in healthy volunteers, marking its transition to a clinical-stage company. The company has since completed the single ascending dose portion of the trial and has initiated a Phase 1b trial in patients with ulcerative colitis.

Keywords: Enthera Pharmaceuticals, autoimmune diseases, Type 1 Diabetes, T1D, Inflammatory Bowel Disease, IBD, biologics, monoclonal antibodies, Ebrasodebart, Ent001, IGFBP3/TMEM219 pathway, regenerative immunology, cell apoptosis, beta cell restoration, Paolo Fiorina, Francesca D'Addio, clinical-stage biotech, ulcerative colitis, Crohn's disease, stem cell therapeutics, organ function restoration, BiovelocITA, Sofinnova Partners, AbbVie Ventures, Roche Venture Fund

Company overview

Enthera Pharmaceuticals company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2016
Headquarters
Milan, Italy
Employees
8
Open positions
None listed
Dealroom signal
60.8
client focusb2bsub industryPharmaceuticalsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorAutoimmunesectorImmunotherapysectorBiotech and PharmasectorHard TechsectorDT and LSsectorscience-based

Valuation & funding

Enthera Pharmaceuticals funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Feb 2021 $7.7M $154M Sofinnova Partners · Roche
SERIES AEquity / VC Jul 2020 $31M $123M JDRF T1D Fund · AbbVie · Sofinnova Investments · Indaco Venture Partners
SEEDEquity / VC Jul 2018 $4.4M $18M Sofinnova Partners · JDRF T1D Fund · BiovelocITA
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthProfitMargin
2026 $1.2M 0% −$16M -1366.9%
2025 $1.2M 0% −$16M -1366.9%
2024 $1.2M -67.7% −$16M -1366.9%
2023 $3.6M +4131.2%
2022 $86K -74.9%
2021 $343K -25.8%
2020 $462K
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Growth signals

Enthera Pharmaceuticals website traffic

Latest recorded traffic for Enthera Pharmaceuticals is 340 monthly website visits, down 66% over the last three months. Enthera Pharmaceuticals's team declined 61.9% over the past year.

Latest monthly visits340 3-month web change-66% 1-year team growth-61.9%
Monthly website visits61 observations · Aug 2020–Jul 2026
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Comparisons

Enthera Pharmaceuticals compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Ouro MedicinesBiotechnology firm advancing immune reset therapeutics for chronic immune-mediated diseases with a robust clinical pipeline South San Francisco, United States Acquired 20 $120M $1.7B
Bright Peak TherapeuticsDeveloping next-generation immunotherapies, focusing on the treatment of cancer and autoimmune diseases Basel, Switzerland Operational
Topas TherapeuticsHarnessing the liver’s natural immunology capabilities to address areas of major unmet medical need Hamburg, Germany Operational
AktheliaAkthelia is focused on the discovery and development of novel antimicrobial therapeutics Reykjavík, Iceland Operational
Legacy HealthcareBiopharma developing innovative botanical drugs in supportive oncology care and dermatology Epalinges, Switzerland Operational
KAHR MedicalDeveloping an innovative and novel drug platform of immunotherapeutic bi-functional fusion proteins that harness the human immune system to target multiple cancer indications Jerusalem, Israel Operational
Connect BiopharmaceuticalsConnect Biopharmaceuticals, Ltd. is a clinical-stage company that discovers Suzhou Shi, China Operational
Landos BiopharmaA clinical stage biopharmaceutical company focused on the development of first-in-class therapeutics for patients with autoimmune disease Ashtabula, United States Acquired
Showing 8 of the closest matchesCompare every metric →

Talent graph

Enthera Pharmaceuticals's talent

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Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

7 investors on Enthera Pharmaceuticals's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 3 investors entered at this stage
Sofinnova Partners
JDRF T1D Fund
BiovelocITA
Series A 4 investors entered at this stage
AbbVie
Sofinnova Investments
Indaco Venture Partners
Roche

Global footprint

Where Enthera Pharmaceuticals has talent and traffic

Workforce by country
2 countries with
team presence
🇮🇹 Italy70%
🇺🇸 United States30%
2 countries shown

In the news

Latest news about Enthera Pharmaceuticals

Recent press, funding announcements, and product moves mentioning Enthera Pharmaceuticals — open to read from the original sources.

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Market sentiment

What the market is saying about Enthera Pharmaceuticals

An AI-synthesized read of the highest-engagement posts about Enthera Pharmaceuticals on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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