Phathom Pharmaceuticals(PHAT)

Focus: Phathom is a publicly traded specialty pharmaceutical company focused on novel gastrointestinal disease treatments, currently anchored by VOQUEZNA (vonoprazan), a potassium-competitive acid blocker. The company operates at mid-cap scale with 51-200 employees and is based in Florham Park, NJ.

Gastroenterology Neurology

Profile data last refreshed 21h ago · AI intelligence enriched 2w ago

Funding Stage

PUBLIC

Employees

51-200

Open Jobs

About Phathom Pharmaceuticals

AI assessmentNot Hiring

No open roles listed right now. Follow Phathom Pharmaceuticals to get notified when they start hiring — the background below is worth knowing for when they do.

Why Work Here

Data completeness

6/9 — Partial

Company HealthStrong

Pipeline

Late-stage

3 Phase 3+

LOE Risk

3 in 5yr

VOQUEZNA

Hiring

0 open

Revenue

$55M

Key Products

VOQUEZNA

Gastroesophageal reflux disease, acid-related disorders

$46K Part D

Growth

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Data Sources

Drug label: DailyMed / FDA
Clinical trials: ClinicalTrials.gov
Patent data: FDA Orange Book
Spending data: CMS Medicare

The information on this page is for informational purposes only and should not be used as a substitute for professional medical advice. Drug information is sourced from FDA, DailyMed, and other government databases. Adverse event data from FAERS does not establish causation. Always consult a healthcare professional for medical decisions.

Early-stage commercialization of a novel mechanism-of-action drug (vonoprazan) in a large, established market (acid reflux/H. pylori) with multiple pipeline expansion opportunities
Robust cash position of $297M (FY 2025) provides runway for 3+ years of R&D-heavy operations despite current losses
Deep pipeline with 16 active trials across 3 Phase 3 programs (erosive esophagitis, H. pylori infection, non-erosive GERD) de-risks single-product dependency

Watch Out For

Extreme revenue concentration (100% VOQUEZNA) with only $55M revenue in FY 2025 leaves zero margin for commercialization missteps or competitive pressure
Company losing $334M annually (FY 2025) on $34M R&D spend and $297M cash—at current burn rate, cash runway is <3 years without revenue acceleration or financing
Zero active job postings indicate either hiring freeze or minimal headcount growth; limited near-term career advancement visibility in a 51-200 person organization

Generated by Claude from Phathom Pharmaceuticals's SEC filings, pipeline programs, hiring velocity, FDA actions, and WARN data. Inference, not editorial — verify before quoting.

Automated analysis based on publicly available data (FDA, SEC, ClinicalTrials.gov). May be incomplete or delayed. This score does not reflect insider knowledge and should not be used as the sole basis for investment or employment decisions.

Lead monotherapy with potassium-competitive acid blocker mechanism; LOE protection through 2030 provides 5+ year exclusivity window.

VOQUEZNA TRIPLE PAK

H. pylori infection eradication

Peak4.3yr

Fixed-dose triple therapy combination; at peak lifecycle stage, driving the majority of commercial uptake alongside monotherapy.

VOQUEZNA DUAL PAK

H. pylori infection eradication

Peak4.3yr

Alternative dual-therapy regimen for patients with clarithromycin resistance; at peak commercialization stage.

Pipeline & Clinical Trials

Vonoprazan

Erosive Esophagitis

N/A

Clinical Trials (1)

NCT06660342A Study of the Safety of Vonoprazan Exposure in Pregnant Women and Their Offspring

N/A

Vonoprazan

Healthy Participants

PHASE_1

Clinical Trials (1)

NCT04729101Study to Evaluate the Pharmacokinetics, Pharmacodynamics, and Safety of Vonoprazan and Lansoprazole in Healthy Participants

Phase 1

Vonoprazan ODT-1 or ODT-2 without Water

Healthy Volunteers

PHASE_1

Clinical Trials (1)

NCT06831344A Study to Evaluate Two Vonoprazan Orally Disintegrating Tablet Formulations Administered Without Water or Mixed With Water and Administered Via a Syringe Relative to the Vonoprazan Tablet in Healthy Participants

Phase 1

Vonoprazan

Erosive Esophagitis

PHASE_1

Clinical Trials (1)

NCT06391177A Study to Evaluate Vonoprazan Concentrations in Breast Milk of Healthy Lactating Women Receiving Vonoprazan 20 mg Once Daily or Vonoprazan 20 mg Twice Daily

Phase 1

Vonoprazan

Gastroesophageal Reflux Disease

PHASE_1

Clinical Trials (1)

NCT06106022A Study to Evaluate Vonoprazan in Children Who Have Symptomatic Gastroesophageal Reflux Disease

Phase 1

Vonoprazan

Healthy Participants

PHASE_1

Clinical Trials (1)

NCT04558216Evaluation of Effect of Rifampin on the Pharmacokinetics of Vonoprazan in Healthy Participants

Phase 1

Vonoprazan

Healthy Volunteers

PHASE_1

Clinical Trials (1)

NCT05366738A Study to Determine the Bioavailability of Vonoprazan Sprinkle Capsules on Pudding or on Applesauce Relative to a Vonoprazan Tablet in Healthy Participants

Phase 1

Vonoprazan

Healthy Volunteers

PHASE_1

Clinical Trials (1)

NCT04545944Evaluation of Effect of Vonoprazan on Midazolam Pharmacokinetics in Healthy Participants

Phase 1

Vonoprazan

Gastroesophageal Reflux

PHASE_1

Clinical Trials (1)

NCT05343364A Study to Evaluate the Pharmacokinetics, Pharmacodynamics and Safety of Vonoprazan in Adolescents With Symptomatic Gastroesophageal Reflux Disease

Phase 1

Vonoprazan

Eosinophilic Esophagitis

PHASE_2

Clinical Trials (1)

NCT06851559A Study in Adult Participants With EoE to Evaluate Vonoprazan 20 mg Compared to Placebo After 12 Weeks and to Evaluate Vonoprazan 20 mg Up to 24 Weeks

Phase 2

Vonoprazan

Non-Erosive Gastro-Esophageal Reflux Disease

PHASE_2

Clinical Trials (1)

NCT04799158A Study to Evaluate the Efficacy and Safety of Vonoprazan Compared to Placebo in Participants With Symptomatic Non-Erosive Gastroesophageal Reflux Disease

Phase 2

Vonoprazan

Helicobacter Pylori Infection

PHASE_3

Clinical Trials (1)

NCT04167670Efficacy and Safety of Vonoprazan Compared to Lansoprazole in Participants With Helicobacter Pylori Infection

Phase 3

Vonoprazan

Non-Erosive Gastro-Esophageal Reflux Disease

PHASE_3

Clinical Trials (1)

NCT05195528A Study to Evaluate the Efficacy and Safety of Vonoprazan Compared to Placebo for Relief of Heartburn in Participants With Symptomatic Non-Erosive Gastroesophageal Reflux Disease (NERD)

Phase 3

Vonoprazan

Erosive Esophagitis

PHASE_3

Clinical Trials (1)

NCT04124926Efficacy and Safety of Vonoprazan Compared to Lansoprazole in Participants With Erosive Esophagitis

Phase 3

PYTEST® 14C-Urea Capsule Breath Test

H. Pylori Infection

PHASE_4

Clinical Trials (1)

NCT07224048Helicobacter Pylori Screening and Treatment in the At-risk South Florida Community-AIM 2

Phase 4

PYTEST® 14C-Urea Breath Test

H Pylori Infection

PHASE_4

Clinical Trials (1)

NCT07224035Helicobacter Pylori Screening and Treatment in the At-risk South Florida Community- AIM 1

Phase 4

Open Jobs (0)

No open positions listed yet. Check their careers page directly.

Interview Prep Quick Facts

Portfolio: 4 approved products, 16 clinical trials

Top TAs: Gastroenterology, Oncology

Publications: 25 in PubMed

SEC Filings: 2 available

Portfolio Health

Growth2 (50%)

Peak2 (50%)

4 total products

Therapeutic Area Focus

Gastroenterology

5 pipeline

Oncology

2 pipeline

Marketed

Pipeline

Financials (FY2025)

Revenue

$55M8001%

R&D Spend

$34M(62%)32%

Net Income

-$334M

Research Publications(10)

Recent peer-reviewed publications with author affiliations at this company

The pharmacokinetics and safety of vonoprazan in adolescents and children with gastroesophageal reflux disease.

Journal of pediatric gastroenterology and nutrition

2026

PMID:41721637

Vonoprazan Improves Nocturnal Gastroesophageal Reflux Symptoms in Nonerosive Reflux Disease.

The American journal of gastroenterology

Showing 5 of 10 publications

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Phathom Pharmaceuticals(PHAT)

About Phathom Pharmaceuticals

Why Work Here

Key Products

Watch Out For

Products & Portfolio (3)

Pipeline & Clinical Trials

Recent News · Phathom Pharmaceuticals(1)

Open Jobs (0)

Financials (FY2025)

Research Publications(10)