TheraPPI closes Pre-Seed Financing Round
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TheraPPI, a preclinical biotech company operating both in Lyon (France) and Geneva (Switzerland), announced the second closing of its Pre-Seed financing. The amount has not been disclosed. Current shareholders, PULSALYS, FONGIT and new investors with extensive biotech experience have participated to this financing round.
TheraPPI is developing protein interaction-modifying drugs to provide patients with better treatments in oncology, rare diseases, and inflammatory condition. The company will use the equity financing announced to advance the development of its lead programme targeting ERK/MyD88, a protein interaction in the Ras-MAPK pathway, a drug target discovered by TheraPPI’s founders. Targeting ERK/MyD88 effectively dysregulates the Ras-MAPK pathway, enabling the cancer cell killing while bypassing cancer drug resistance mechanisms which are activated by current Ras-MAPK inhibitors.
TheraPPI also announced Christopher Meyer, J.D. & MBA, an executive in the pharma & biotech industry, joining the company’s Board as independent Director and Chairperson. Christopher brings over 20 years of international expertise covering Strategy, R&D, Business Development, Sales & Marketing, Operational Excellence and Digital Transformation.
“TheraPPI is pursuing a highly novel and promising approach to overcoming drug resistance—a challenge that currently frustrates companies targeting the Ras-MAPK pathway, which drives more than 40% of cancer cases. I am deeply honoured to support TheraPPI through its next stages of development” declared Christopher Meyer. “We thank our shareholders and new investors who see the unique potential of ERK/MyD88 targeted drugs and are thrilled to continue the development of our lead program and to prepare TheraPPI for future growth. Christopher will bring decisive support for this growth and future TheraPPI success”, added Luc Otten.
In December 2025, TheraPPI had announced a € 300,000 loan form BPI France, the French Public Investment Bank.
➡️ Source: Press Release | 📸 ©TheraPPI