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