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Promosome

Description

Provider of a technical platform for protein synthesis for bio therapeutics. The company offers biotech based applications for increasing protein yields, development of DNA vaccines, gene therapy and basic research as well as development of diagnostic tests. Its proprietary mRNA engineering technology exploits features of the natural translation process in both prokaryotic and eukaryotic cells to produce proteins that are safer and more effective at lower cost.

2003

Founded

PRIVATE

Status

11-50

Employees

Series C

Latest Deal Type

$4.1M

Latest Deal Amount

$15.6M

Total Amount Raised

Description

Provider of a technical platform for protein synthesis for bio therapeutics. The company offers biotech based applications for increasing protein yields, development of DNA vaccines, gene therapy and basic research as well as development of diagnostic tests. Its proprietary mRNA engineering technology exploits features of the natural translation process in both prokaryotic and eukaryotic cells to produce proteins that are safer and more effective at lower cost.

Website:

www.promosome.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Diagnostic Equipment

Other Industries

Biotechnology

Primary Office

369 Lexington Avenue 17th Floor New York, NY 10017United States +1 (858) 622-1026
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Promosome Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Promosome Investors (1)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Palisade Capital ManagementPE/BuyoutMinority000 0000000 0000
Palisade Capital Management PE/Buyout

Promosome Executive Team (5)

NameTitleBoard
Seat
Contact
Info
John ManzelloCo-Chief Executive Officer, Board Member & President
Christopher LeMastersCo-Chief Executive Officer & Board Member
Loren BusbyChief Financial Officer & Board Member
Vincent Mauro Ph.DCo-Founder, Senior Vice President & Chief Scientific Officer
John Costantino JDSenior Advisor
John Manzello Co-Chief Executive Officer, Board Member & President
Christopher LeMasters Co-Chief Executive Officer & Board Member
Loren Busby Chief Financial Officer & Board Member
Vincent Mauro Ph.D Co-Founder, Senior Vice President & Chief Scientific Officer
John Costantino JD Senior Advisor

Promosome Board Members (8)

NameRepresentingRoleSinceContact
Info
Christopher LeMastersPromosomeCo-Chief Executive Officer & Board Member000 0000
David Solomon MDSelfBoard Member000 0000
Edward RobinsonSelfBoard Member000 0000
James JahnkePalisade Capital ManagementBoard Member000 0000
Leo Kim Ph.DPromosomeBoard Member000 0000
Christopher LeMasters Co-Chief Executive Officer & Board Member Promosome
David Solomon MD Board Member Self
Edward Robinson Board Member Self
James Jahnke Board Member Palisade Capital Management
Leo Kim Ph.D Board Member Promosome
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