MethylGene

About:

MethylGene is a clinical-stage biopharmaceutical company focused on the development and commercialization of novel cancer therapeutics.

Website: http://www.methylgene.com

Top Investors: Fonds de solidarité FTQ, OrbiMed, BDC Venture Capital, RBC Capital, QVT Financial

Description:

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.

Total Funding Amount:

$71.8M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Montréal, Quebec, Canada

Founded Date:

1997-01-01

Contact Email:

info(AT)methylgene.com

Founders:

Mashe Szyf

Number of Employees:

11-50

Last Funding Date:

2012-11-21

IPO Status:

Private

Industries:

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