What Does Pardes Biosciences Do?

Total employees15
HeadquartersCarlsbad
Founded2020

Pardes Biosciences, Inc. was a clinical-stage biopharmaceutical company dedicated to discovering, developing, and commercializing novel oral antiviral therapeutics to improve the lives of patients suffering from life-threatening diseases, initially focusing on COVID-19 with its lead candidate PBI-0451. In August 2023, the company announced it would cease development of PBI-0451 due to funding limitations and would explore strategic alternatives, including acquisition, merger, or other transactions. This decision was accompanied by a significant workforce reduction to conserve capital as it evaluates its options.

Where Is Pardes Biosciences's Headquarters?

HQ Function

Previously served as the primary center for research and development, clinical operations, and corporate administration. Currently supports significantly reduced operations focused on exploring strategic alternatives and managing residual obligations.

Notable Features:

Modern laboratory and office facilities designed to support virology research and drug development, situated within a prominent Southern California biotech cluster. Specific architectural highlights are not publicly detailed.

Work Culture:

Previously characterized by a fast-paced, innovative, and collaborative environment typical of a clinical-stage biotech focused on urgent global health needs. Post-restructuring, the culture is one of transition, managed by a smaller team focused on strategic outcomes.

HQ Significance:

The headquarters was the nerve center for Pardes Biosciences' ambitious program to develop a novel oral antiviral for COVID-19 and other viral threats, representing its core scientific and operational capabilities.

Values Reflected in HQ: Prior to its strategic shift, the headquarters likely embodied values such as scientific excellence, urgency in addressing health crises, innovation, and collaboration. Currently, it reflects prudent capital management and strategic focus.

Location:

While headquartered in the United States, Pardes Biosciences's mission to develop antiviral therapeutics for global health threats like COVID-19 inherently had a global outlook. Its clinical development programs, when active, would have involved trial sites and collaborations potentially spanning multiple countries. Post-restructuring, its direct global operational footprint is minimal, with activities focused on managing prior commitments and exploring strategic alternatives that may have international implications.

Street Address:

2175 Faraday Ave, Suite 280

City:

Carlsbad

State/Province:

California

Country:

USA

Where Else Does Pardes Biosciences Operate Around the World?

N/A - Operations Centralized

Address: Not Applicable

No other significant, distinct physical office locations have been publicly listed or were prominent during its main operational phase. The focus was on its main R&D and corporate site.

Buying Intent Signals for Pardes Biosciences

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Pardes Biosciences? Meet the Executive Team

As of April 2025, Pardes Biosciences' leadership includes:

Thomas G. Wiggans - Chairman and Chief Executive Officer

Who's Investing in Pardes Biosciences?

Pardes Biosciences has been backed by several prominent investors over the years, including:

Gilead Sciences
Foresite Capital
RA Capital Management
Frazier Life Sciences
Catalys Pacific
EcoR1 Capital
Surveyor Capital (a Citadel company)
Wellington Management
Funds and accounts managed by BlackRock
MRL Ventures Fund

What Leadership Changes Has Pardes Biosciences Seen Recently?

Hire1
Exits4

The past 12 months (approx. May 2023 - May 2024) saw a major restructuring of Pardes Biosciences' executive team. This followed the August 2023 announcement to discontinue its lead drug program and explore strategic alternatives, leading to several key departures and the appointment of Thomas G. Wiggans as CEO.

Departures

Uri A. Lopatin, M.D., Dr. Lopatin resigned as President and CEO following strategic review and program discontinuation.
Heidi Henson, Heidi Henson's employment as CFO was terminated as part of company restructuring.
Lee D. Arnold, Ph.D., Dr. Arnold's employment as CSO was terminated as part of company restructuring.
Elizabeth H.Z. Thompson, Ph.D., Dr. Thompson's employment as COO was terminated as part of company restructuring.

New Appointments:

Thomas G. Wiggans, Thomas G. Wiggans appointed as Interim CEO and President to lead the company through its strategic alternatives process.
Thomas G. Wiggans, Thomas G. Wiggans' role as CEO was made permanent, having served as interim since August 2023.

What Technology (Tech Stack) Is Used byPardes Biosciences?

Discover the tools Pardes Biosciences uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Pardes Biosciences Email Formats and Examples

The most common email format structures for companies like Pardes Biosciences often involve a combination of the employee's first name, last name, or initials. The exact format can vary, but a common pattern is [first_initial][last]@[companydomain].com. This is a prediction based on common corporate practices and not officially confirmed by the company.

[first_initial][last]@pardesbio.com

Format

jdoe@pardesbio.com

Example

70%

Success rate

What's the Latest News About Pardes Biosciences?

GlobeNewswire • February 20, 2024

Pardes Biosciences Provides Corporate and Cash Update

Pardes Biosciences announced it continues to explore strategic alternatives to maximize shareholder value. As of December 31, 2023, the company had cash, cash equivalents, and short-term investments of $30.1 million. Pardes is focused on preserving its capital while pursuing these alternatives....more

GlobeNewswire • August 15, 2023

Pardes Biosciences Announces Discontinuation of PBI-0451 Development Program and Exploration of Strategic Alternatives

Pardes Biosciences announced its decision to discontinue further investment in its PBI-0451 development program and associated planned Phase 2 clinical trials for COVID-19. The company will implement a significant workforce reduction and is actively exploring strategic alternatives to maximize shareholder value, which could include an acquisition, merger, reverse merger, or other strategic transaction....more

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