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Iambic Therapeutics

What Iambic Therapeutics does

Iambic Therapeutics (formerly Entos) is a clinical-stage life science and technology company developing small-molecule therapeutics using an AI-driven discovery and development platform focused on “closed-loop” design–make–test workflows and physics-informed modeling. The company’s platform is organized around multimodal AI models and associated automation that (as described by the company) generate new molecular designs and corresponding biological data on a weekly cadence, then use the resulting data to retrain models and refine target product profiles for candidate selection. Products and platform capabilities are presented as modular model components that can be used both internally to generate wholly owned candidates and externally by partners via technology enablement or discovery collaborations.

In its internal pipeline, Iambic highlights a wholly owned oncology portfolio led by IAM1363 (an oral, selective pan-mutant, brain-penetrant HER2 inhibitor) currently in a multi-center Phase 1/1b clinical study, and additional oncology programs including IAM217 (KIF18A inhibitor; advancing toward clinical stage) and IAM-C1 (CDK2/4 inhibitor). Beyond therapeutics, Iambic markets named AI technologies—most notably Enchant (a multimodal transformer for drug discovery) and NeuralPLexer (protein–ligand structure prediction)—as foundational capabilities that partners can access for target-specific discovery and technology enablement.

Strategically, Iambic’s recent period shows a mix of (1) financing to support clinical and platform expansion, and (2) partnerships with established pharmaceutical companies that combine discovery collaboration with technology/model access. Announced collaborations include Bayer (small molecule discovery using Enchant and NeuralPLexer), Takeda (multi-year technology and discovery collaboration with success-based economics described by the company), Revolution Medicines (technology and research collaboration with NeuralPLexer model access), Jazz Pharmaceuticals (research collaboration and drug supply agreement for IAM1363 combination evaluation), and Lundbeck (strategic research collaboration focused on migraine target discovery).

News

Company record

Jun 22, 2026 · Official · Iambic TherapeuticsBayer and Iambic collaborate to advance drug discovery with AI

Bayer will discover new medicines using Iambic’s AI-driven small-molecule platform, including Enchant and NeuralPLexer, aimed at hard-to-drug targets to strengthen Bayer’s early portfolio.

Feb 09, 2026 · Official · Iambic TherapeuticsIambic Announces Collaboration with Takeda to Advance AI-Driven Design of Small Molecules

Iambic announced a multi-year technology and discovery collaboration agreement with Takeda using Iambic AI models to advance prioritized small-molecule programs initially across Takeda’s Oncology and Gastrointestinal and Inflammation therapeutic areas; the company described access to NeuralPLexer and potential payments “that could exceed $1.7 billion.”

Dec 16, 2025 · Official · Iambic TherapeuticsIambic Therapeutics to present at the 44th annual J.P. Morgan healthcare conference

Iambic announced conference participation at J.P. Morgan 2026 and listed near-term themes including IAM1363 Phase 1/1b data presentation and a Jazz collaboration evaluation in combination settings, plus technology and partnership updates.

Nov 10, 2025 · Official · Iambic TherapeuticsIambic Raises Over $100 Million in an Oversubscribed Round to Advance its Portfolio of AI-Discovered Therapeutics and Leading Platform Technologies

Iambic announced an oversubscribed financing round of “over $100 million,” naming a broad slate of new and existing investors and describing its intent to advance its AI-discovered therapeutics portfolio and platform technologies.

Oct 21, 2025 · Official · Iambic TherapeuticsIambic Announces Research Collaboration with Jazz Pharmaceuticals for IAM1363 and Zanidatamab Combination Cohort in HER2-Positive Breast Cancer

Iambic announced a research collaboration and drug supply agreement with Jazz Pharmaceuticals for evaluation of IAM1363 in combination with zanidatamab in HER2-positive breast cancer patients previously treated with Enhertu (T-DXd).

Oct 20, 2025 · Official · Iambic TherapeuticsIambic Shares Clinical Data from Ph1/1B Study of IAM1363… at the 2025 ESMO Congress

Iambic reported clinical data from a Phase 1/1b study of IAM1363, describing monotherapy activity in heavily pretreated patients with HER2 alterations and presenting the dataset at ESMO 2025.

Jul 09, 2025 · Official · Iambic TherapeuticsRevolution Medicines and Iambic Announce Technology and Research Collaboration… using Iambic’s AI Discovery Tools

Iambic announced a multi-year technology and research collaboration with Revolution Medicines. The company described bespoke access to NeuralPLexer trained using Revolution Medicines data and stated that it would receive up to $25 million via a mix of upfront and performance-based milestone payments plus research and development reimbursements.

Jan 06, 2025 · Official · Iambic TherapeuticsIambic Therapeutics Appoints Michael Secora, Ph.D. as Chief Corporate Development Officer and Chief Financial Officer

Iambic announced that Michael Secora, Ph.D. would serve as Chief Corporate Development Officer and Chief Financial Officer, describing him as leading corporate development and finance activities.

Show 4 earlier updates
Sep 26, 2024 · Official · Iambic TherapeuticsLundbeck and Iambic Therapeutics announce strategic partnership to leverage AI for drug discovery

Lundbeck and Iambic announced a strategic research collaboration to focus on discovery of a small-molecule therapeutic for migraine; the company described upfront payment, performance-based milestones, and royalties in connection with the agreement.

Jun 18, 2024 · Official · Iambic TherapeuticsIambic Therapeutics Closes $50 million Series B Extension…

Iambic announced the closing of an oversubscribed $50 million extension to its Series B financing to broaden its pipeline of AI-discovered clinical oncology programs; the extension was led by Mubadala Capital and Exor Ventures with participation from QIA and specified existing investors.

Oct 03, 2023 · Official · Iambic TherapeuticsIambic Therapeutics Announces Close of Oversubscribed $100 Million Series B Financing… and Enters Collaboration with NVIDIA

Iambic announced closing an oversubscribed $100 million Series B co-led by Ascenta Capital and Abingworth and described entering collaboration with NVIDIA as part of advancing AI-discovered therapeutics into clinical development.

Oct 03, 2023 · Official · Iambic TherapeuticsIambic Therapeutics Announces Close of Oversubscribed $100 Million Series B Financing to Advance AI-Discovered Therapeutics into Clinical Development…

Iambic’s Series B announcement included the company’s positioning of its physics-informed AI and experimental automation and listed named candidates IAM-H1 and IAM-C1 as part of the clinical advancement plan.

Source map · 2 recurring channels · 16 references

Still resolving: Newsroom · Official X

Funding

Latest disclosed valuation$8.4M
Tracked capital$476M8 sourced rounds
DateRoundRaisedValuationLead / investorsEvidence
Oct 01, 2022A+ (extension)$20M
Not attributed
Apr 01, 2020Seed$3M$8.4M

What it builds

Physics-Informed AI-Driven Discovery Platform (Enabling platform + weekly closed loop)

Iambic describes a physics-informed platform architecture combined with automated experimental execution intended to support iterative design–make–test cycles, producing new molecular designs and corresponding biological data on a weekly cadence and using the resulting data to retrain models.

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Milestones & partnerships

Jun 22, 2026
Bayer discovery collaboration using Enchant & NeuralPLexer

Iambic announced a drug discovery collaboration with Bayer focused on small-molecule discovery using Iambic’s AI-driven platform capabilities including Enchant and NeuralPLexer.

Bayer
Feb 09, 2026
Takeda multi-year technology and discovery collaboration

Iambic announced a multi-year technology and discovery collaboration agreement with Takeda, describing access to NeuralPLexer and potential success-based economics.

Takeda
Oct 21, 2025
Jazz Pharmaceuticals research collaboration for IAM1363 + zanidatamab

Iambic announced a research collaboration and drug supply agreement with Jazz Pharmaceuticals to evaluate combination therapy involving IAM1363 and zanidatamab (Ziihera) in HER2-positive breast cancer patients with prior T-DXd treatment.

Jazz Pharmaceuticals
Jul 09, 2025
Revolution Medicines technology enablement and discovery collaboration

Iambic and Revolution Medicines announced a collaboration in which Iambic provides bespoke versions of NeuralPLexer trained using Revolution Medicines proprietary data.

Revolution Medicines
Sep 26, 2024
Lundbeck migraine small-molecule discovery collaboration

Iambic announced a strategic research collaboration with Lundbeck focused on discovery of small molecules for migraine, with upfront, milestone, and royalty components described by the company.

Lundbeck
Jun 18, 2024
Series B extension closes at $50 million

Iambic closed an oversubscribed $50 million Series B extension to broaden its pipeline of AI-discovered clinical oncology programs.

Mubadala Capital · Exor Ventures · Qatar Investment Authority (QIA)
Oct 03, 2023
Series B closes and NVIDIA collaboration described

Iambic closed an oversubscribed $100 million Series B co-led by Ascenta Capital and Abingworth and described leveraging NVIDIA technology as part of discovery expansion.

Ascenta Capital · Abingworth · NVIDIA