Predix Pharmaceuticals

company

About

Predix is a drug discovery and development company

Details

Last Funding Type
Series C
Last Funding Money Raised
$43M
Industries
Health Care,Medical,Pharmaceutical
Founded date
Jan 1, 2000
Operating Status
Active

Predix is a drug discovery and development company that uses a novel 3D
Discovery and Optimization Engine for GPCR drug candidates and is taking its
novel compounds into the clinic. The discovery engine uses a sophisticated
proprietary algorithm, PREDICT(TM), for computer modeling the 3D structure of
any GPCR target; advanced technologies HYPERION(TM) and RISS(TM) for rapid
high-throughput in silico screening of millions of compounds against the 3D in
silico model of the target; and an integrated medicinal/computational platform
for lead optimization based on the receptor's structure (ICELR-3D(TM)) and
predictive algorithms for important drug properties. In August, Predix and
Physiome Sciences Inc. combined companies and expanded the expertise into ion
channel drug discovery.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$43M
Predix Pharmaceuticals has raised a total of $43M in funding over 2 rounds. Their latest funding was raised on Jan 27, 2005 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 27, 2005 Series C $43M 2 Detail

Investors

Number of Lead Investors
Number of Investors
2
Predix Pharmaceuticals is funded by 2 investors. Yamanouchi Venture Capital and Novel Bioventures are the most recent investors.
Investor Name Lead Investor Funding Round
Yamanouchi Venture Capital Series C
Novel Bioventures Series C