NewBiotics Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

NewBiotics General Information

Description

Developer of therapeutics for cancer and infectious disease based on the mechanisms of disease and drug resistance. The company discovers therapeutics with the help of Enzyme Catalyzed Therapeutic Agents. The company discovered double-minute chromosome that exists only in cancer cells. The company's technology allows the purification of double minute DNA from tumor cells.

Contact Information

Website
www.newbiotics.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 11760-R Sorrento Valley Road
  • San Diego, CA 92121
  • United States
+1 (858)
Primary Industry
Biotechnology
Other Industries
Pharmaceuticals
Acquirer
Celmed BioSciences
Vertical(s)
Life Sciences, Oncology
Corporate Office
  • 11760-R Sorrento Valley Road
  • San Diego, CA 92121
  • United States
+1 (858)

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NewBiotics Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 02-Jul-2004 Completed Clinical Trials - Phase 2
5. Later Stage VC (Series E1) 21-Apr-2004 Completed Generating Revenue
4. Later Stage VC (Series C) 26-Jul-2001 Completed Generating Revenue
3. Early Stage VC (Series B) 04-Apr-2000 Completed Generating Revenue
2. Seed Round 01-Jun-1998 $800K $800K Completed Startup
1. Early Stage VC (Series A) 01-Jan-1998 Completed Product Development
To view NewBiotics’s complete valuation and funding history, request access »

NewBiotics Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
BioVeda Capital Venture Capital Minority
Cheng Xin Technology Development Corporation Corporation Minority
EQT Life Sciences Venture Capital Minority
FAT Capital PE/Buyout Minority
GeneChem Venture Capital Minority
You’re viewing 5 of 8 investors. Get the full list »

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NewBiotics FAQs

  • When was NewBiotics founded?

    NewBiotics was founded in 1997.

  • Where is NewBiotics headquartered?

    NewBiotics is headquartered in San Diego, CA.

  • What industry is NewBiotics in?

    NewBiotics’s primary industry is Biotechnology.

  • Is NewBiotics a private or public company?

    NewBiotics is a Private company.

  • What is NewBiotics’s current revenue?

    The current revenue for NewBiotics is .

  • How much funding has NewBiotics raised over time?

    NewBiotics has raised $22.7M.

  • Who are NewBiotics’s investors?

    BioVeda Capital, Cheng Xin Technology Development Corporation, EQT Life Sciences, FAT Capital, and GeneChem are 5 of 8 investors who have invested in NewBiotics.

  • When was NewBiotics acquired?

    NewBiotics was acquired on 02-Jul-2004.

  • Who acquired NewBiotics?

    NewBiotics was acquired by Celmed BioSciences.

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