Tokai Pharmaceuticals Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 10

Employees

  • Latest Deal Type
  • M&A

  • Investors
  • 1

Tokai Pharmaceuticals General Information

Description

Novus Therapeutics Inc is engaged in the biotechnology sector. As a pharmaceutical company, it is focused on the acquisition, development, and commercialization of ear, nose, and throat related products. It has two platforms: OP-01 Foam Platform and OP-02 Surfactant Program. OP-01 is developed with the intent to be used as a delivery vehicle for drugs treating ears, as well as the nasal and sinus cavities. OP-02 is being developed as a potential treatment option for patients with otitis media and Eustachian tube dysfunction.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 255 State Street
  • 6th Floor
  • Boston, MA 02109
  • United States
Primary Industry
Pharmaceuticals
Vertical(s)
Corporate Office
  • 255 State Street
  • 6th Floor
  • Boston, MA 02109
  • United States

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Tokai Pharmaceuticals Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Merger/Acquisition 10-May-2017 Completed Generating Revenue
10. PIPE 17-Sep-2014 Completed Clinical Trials - Phase 3
9. IPO 17-Sep-2014 Completed Clinical Trials - Phase 3
8. Later Stage VC (Series E) 15-May-2013 Completed Generating Revenue
7. Later Stage VC (Series D3) 20-Sep-2011 Completed Generating Revenue
6. Later Stage VC (Series D2) 08-May-2009 Completed Generating Revenue
5. Later Stage VC (Series D1) Completed Generating Revenue
4. Later Stage VC (Series C) Completed Generating Revenue
3. Early Stage VC (Series B2) 21-Oct-2008 $6.56M $11.5M Completed Startup
2. Early Stage VC (Series B1) 07-Jun-2007 $2.7M $4.95M Completed Startup
To view Tokai Pharmaceuticals’s complete valuation and funding history, request access »

Tokai Pharmaceuticals Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series E
Series D3
Series D2
Series D1
Series C
Series B2
Series B1 798,067 $0.001000 8% $3.38 $3.38 1x $3.38 0.5%
Series A 4,500,000 $0.001000 8% $0.5 $0.5 1x $0.5 2.8%
To view Tokai Pharmaceuticals’s complete cap table history, request access »

Tokai Pharmaceuticals Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Tokai Pharmaceuticals Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Novartis Venture Fund Corporate Venture Capital Minority
Novo Holdings Venture Capital Minority
Pontifax Venture Capital Venture Capital Minority
QIC BioVentures Venture Capital Minority
Vivo Capital Venture Capital Minority
To view Tokai Pharmaceuticals’s complete investors history, request access »

Tokai Pharmaceuticals Acquisitions (1)

Tokai Pharmaceuticals’s most recent deal was a Reverse Merger with Eledon Pharmaceuticals. The deal was made on 09-May-2017.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Eledon Pharmaceuticals 09-May-2017 Reverse Merger Other Pharmaceuticals and Biotechnology
To view Tokai Pharmaceuticals’s complete acquisitions history, request access »

Tokai Pharmaceuticals FAQs

  • When was Tokai Pharmaceuticals founded?

    Tokai Pharmaceuticals was founded in 2004.

  • Where is Tokai Pharmaceuticals headquartered?

    Tokai Pharmaceuticals is headquartered in Boston, MA.

  • What is the size of Tokai Pharmaceuticals?

    Tokai Pharmaceuticals has 10 total employees.

  • What industry is Tokai Pharmaceuticals in?

    Tokai Pharmaceuticals’s primary industry is Pharmaceuticals.

  • Is Tokai Pharmaceuticals a private or public company?

    Tokai Pharmaceuticals is a Private company.

  • What is Tokai Pharmaceuticals’s current revenue?

    The current revenue for Tokai Pharmaceuticals is .

  • How much funding has Tokai Pharmaceuticals raised over time?

    Tokai Pharmaceuticals has raised $190M.

  • Who are Tokai Pharmaceuticals’s investors?

    Novartis Venture Fund, Novo Holdings, Pontifax Venture Capital, QIC BioVentures, and Vivo Capital have invested in Tokai Pharmaceuticals.

  • When was Tokai Pharmaceuticals acquired?

    Tokai Pharmaceuticals was acquired on 10-May-2017.

  • Who acquired Tokai Pharmaceuticals?

    Tokai Pharmaceuticals was acquired by Eledon Pharmaceuticals.

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