Novacea

company

About

treatment of cancer

  • 11 - 50

Details

Last Funding Type
Series C
Last Funding Money Raised
$35M
Industries
Biotechnology,Health Care,Medical
Founded date
Jan 1, 2001
Number Of Employee
11 - 50
Operating Status
Active

As of January 30, 2009, Novacea, Inc. was acquired by Transcept Pharmaceuticals, Inc., in a reverse merger transaction. Novacea, Inc., a biopharmaceutical company, focuses on in-licensing, developing, and commercializing therapies for the treatment of cancer. The company’s product candidates include Asentar, which is in Phase III clinical trial for the treatment of androgen-independent prostate cancer and in Phase II clinical trial for the treatment of advanced pancreatic cancer; and AQ4N, a hypoxia-activated prodrug in Phase Ib/IIa clinical trial for the treatment of glioblastoma multiforme. It has license and collaboration agreements with Aventis Pharmaceuticals, Inc.; Oregon Health & Science University; University of Pittsburgh; KuDOS Pharmaceuticals Limited; and BTG International Limited.

The company was founded in 2001 and is headquartered in South San Francisco, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$71M
Novacea has raised a total of $71M in funding over 2 rounds. Their latest funding was raised on Jan 8, 2004 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 8, 2004 Series C $35M 1 Detail
Nov 5, 2002 Series B $36M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Novacea is funded by 1 investors. Versant Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Versant Ventures Series C