Somanta Pharmaceuticals Overview

  • Year Founded
  • 2001

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Somanta Pharmaceuticals General Information

Description

Developer of biotechnology drugs for cancer treatment. The company's pre-clinical drugs include Angiolix, a humanized monoclonal antibody that induces programmed cell death, or apoptosis, in blood vessels supporting tumors, Prodrax, a molecule that is non-toxic in normally oxygenated healthy tissue but becomes highly toxic in low oxygen tumors where it binds to the DNA in tumor cells and becomes irreversibly converted to its toxic form; and Alchemix which is intended to interrupt various phases of the cancer cell growth cycle by selectively binding to DNA (Deoxyribonucleic acid) and inhibiting DNA processing enzymes to overcome drug resistant tumors.

Contact Information

Website
www.somanta.com
Formerly Known As
Somanta Incorporated, Hibshman Optical
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 19200 Von Karman Avenue
  • Suite 400
  • Irvine, CA 92612
  • United States
+1 (949)
Primary Industry
Pharmaceuticals
Other Industries
Drug Discovery
Biotechnology
Vertical(s)
Corporate Office
  • 19200 Von Karman Avenue
  • Suite 400
  • Irvine, CA 92612
  • United States
+1 (949)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Somanta Pharmaceuticals Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 07-Jan-2008 Completed Clinical Trials - Phase 2
2. Reverse Merger 01-Feb-2006 Completed Generating Revenue
1. Early Stage VC 01-Jan-2006 $4.9M $4.9M Completed Generating Revenue
To view Somanta Pharmaceuticals’s complete valuation and funding history, request access »

Somanta Pharmaceuticals Patents

Somanta Pharmaceuticals Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20070208085-A1 Potent cytotoxicity and inhibition of pan-cell cycle progression by an alkylating anthraquinone Inactive 17-Jan-2006

Somanta Pharmaceuticals Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alpha Capital Partners PE/Buyout Minority
Hibshman Optical Corporation Minority
Whalehaven Capital Fund Venture Capital Minority
Xmark Asset Management Venture Capital Minority
To view Somanta Pharmaceuticals’s complete investors history, request access »

Somanta Pharmaceuticals Acquisitions (1)

Somanta Pharmaceuticals’s most recent deal was a Merger/Acquisition with Hibshman Optical. The deal was made on 31-Jan-2006.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Hibshman Optical 31-Jan-2006 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
To view Somanta Pharmaceuticals’s complete acquisitions history, request access »

Somanta Pharmaceuticals FAQs

  • When was Somanta Pharmaceuticals founded?

    Somanta Pharmaceuticals was founded in 2001.

  • Where is Somanta Pharmaceuticals headquartered?

    Somanta Pharmaceuticals is headquartered in Irvine, CA.

  • What industry is Somanta Pharmaceuticals in?

    Somanta Pharmaceuticals’s primary industry is Pharmaceuticals.

  • Is Somanta Pharmaceuticals a private or public company?

    Somanta Pharmaceuticals is a Private company.

  • What is Somanta Pharmaceuticals’s current revenue?

    The current revenue for Somanta Pharmaceuticals is .

  • How much funding has Somanta Pharmaceuticals raised over time?

    Somanta Pharmaceuticals has raised $4.9M.

  • Who are Somanta Pharmaceuticals’s investors?

    Alpha Capital Partners, Hibshman Optical, Whalehaven Capital Fund, and Xmark Asset Management have invested in Somanta Pharmaceuticals.

  • When was Somanta Pharmaceuticals acquired?

    Somanta Pharmaceuticals was acquired on 07-Jan-2008.

  • Who acquired Somanta Pharmaceuticals?

    Somanta Pharmaceuticals was acquired by Abeona Therapeutics.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »