MethylGene

company

About

MethylGene is a clinical-stage biopharmaceutical company focused on the development and commercialization of novel cancer therapeutics.

  • 11 - 50

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$11.20M
Industries
Biopharma,Biotechnology,Clinical Trials
Founded date
Jan 1, 1997
Number Of Employee
11 - 50
Operating Status
Active

MethylGene Inc. (TSX:MYG) is a publicly-traded, clinical stage biopharmaceutical company focused on the development and commercialization of novel therapeutics with a focus on cancer. The Company's product candidates include: MGCD265, an oral, multi-targeted kinase inhibitor targeting the Met, VEGF, Ron and Tie-2 receptor tyrosine kinases that is in multiple clinical trials for cancer; MGCD290, a fungal Hos2 inhibitor for use in combination with fluconazole for serious fungal infections which has completed Phase I clinical studies; and mocetinostat (MGCD0103), an oral, isoform-selective HDAC inhibitor for cancer which has been in multiple Phase II clinical trials and is currently in a Phase II trial in refractory or relapsed follicular lymphoma. Mocetinostat is licensed to Taiho Pharmaceutical Co. Ltd in certain Asian countries. A fourth compound discovered using MethylGene's HDAC platform, EVP-0334 - a potential cognition enhancing agent for neurodegenerative diseases has successfully completed Phase I trials sponsored by EnVivo Pharmaceuticals Inc. MethylGene also has a funded collaboration with Otsuka Pharmaceutical Co. Ltd. for applications in ocular diseases using the Company's proprietary kinase inhibitor chemistry.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$11.20M
MethylGene has raised a total of $11.20M in funding over 2 rounds. Their latest funding was raised on Jan 1, 1999 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 1, 1999 Series Unknown $11.20M 3 Detail

Investors

Number of Lead Investors
Number of Investors
3
MethylGene is funded by 3 investors. Canadian Medical Discoveries Fund and Societe Innovatech du Grand Montreal are the most recent investors.
Investor Name Lead Investor Funding Round
Canadian Medical Discoveries Fund Series Unknown
Societe Innovatech du Grand Montreal Series Unknown
Sofinov Societe Financiere D'Innovation Series Unknown