16 December 2025
ADAPTIN BIO, INC.
10-K / April 15, 2025
10-K / April 1, 2024
10-K / April 15, 2025
Company Overview: Adaptin Bio, Inc.
Business Description
Adaptin Bio, Inc. is a biopharmaceutical company focused on developing and commercializing innovative therapies to effectively treat brain cancers and other central nervous system (CNS) disorders. The company leverages proprietary technology designed to enhance the transfer of therapeutics across biological barriers, particularly the blood-brain barrier (BBB), using the human immune system to target and deliver therapeutics precisely to specific cells like cancer cells.
Key Technologies
- BRiTE Technology: Stands for Brain Bispecific T-cell Engager, a novel approach that combines T-cell targeting agents with activated T cells to deliver therapeutics to challenging sites, such as brain tumors.
- Lead Product Candidate: APTN-101 is engineered to target the epidermal growth factor receptor variant III (EGFRvIII), which is specifically expressed on malignant tumor cells, especially within glioblastoma.
Mission
To be a global leader in transforming cancer treatment paradigms and addressing significant unmet medical needs through innovative therapeutic solutions utilizing cutting-edge biopharmaceutical technologies.
Operations
- Primary Activities: The company is focused on advancing its lead candidate APTN-101 through clinical trials, with plans to expand into broader therapeutic areas, including autoimmune diseases and cardiovascular disorders.
- Operational Focus: The clinical development of APTN-101 and pursuing additional product candidates through preclinical studies and investigational new drug (IND) applications.
Financials
- Employees: As of March 31, 2025, Adaptin Bio has four employees.
- Revenue: The company has not generated any revenue since its inception.
- Income: For the fiscal year ending December 31, 2024, the company reported a net loss of $161,160, an increase from a loss of $85,593 in the previous year (2023).
- Cash Position: As of December 31, 2024, the company held $12,619 in cash, an increase from $380 in the previous year.
- Current Liabilities: Total current liabilities were $286,676 as of December 31, 2024.
Business Strategy
- Product Development: The company aims to complete necessary regulatory filings and transition into phases of clinical development for APTN-101 and explore other therapeutic indications.
- Capital Raising: Adaptin Bio anticipates needing additional funding to support operations, as current cash reserves are not sufficient to cover anticipated expenditures for the next twelve months.
- Strategic Partnerships: Engage potential collaborative opportunities for further therapeutic advancements and market access.
Customers and Market
- As a developing pharmaceutical entity, Adaptin Bio does not have an established customer base yet since the primary focus is on the development and clinical trials of its product candidates. The success of APTN-101 could pave the way for attracting collaborative partners and broader patient populations once it receives necessary approvals and reaches the market.
This detailed overview reflects Adaptin Bio's commitment to addressing CNS disorders and potential future growth within the biopharmaceutical industry.
