Micromet

Micromet

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Launch date
Employees
Rockville Maryland (HQ)

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DateInvestorsAmountRound

€11.0m

Seed
N/A

N/A

Series A
N/A

$55.0m

Series B

N/A

Early VC
N/A

$41.0m

Series C
N/A

N/A

IPO

$40.0m

Post IPO Equity
Total FundingCAD147m

Recent News about Micromet

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CancerVax, Inc. is a pre-clinical biotechnology company focused on developing innovative cancer treatments that harness the power of the immune system. The company operates in the highly competitive cancer drug development market, targeting both rare and common forms of cancer. Its primary clients include healthcare providers, research institutions, and pharmaceutical companies. CancerVax's business model revolves around the development and commercialization of its Universal Cancer Vaccine, which aims to detect, mark, and destroy cancer cells with high precision. The company generates revenue through research grants, partnerships, and future sales of its proprietary treatments. Currently, CancerVax is working on a disease-specific immunotherapy targeting Ewing sarcoma, a rare and deadly cancer affecting children and young adults. Collaborating with world-class researchers and oncologists at UCLA, CancerVax is poised to make significant advancements in cancer treatment.

Keywords: immunotherapy, cancer treatment, Universal Cancer Vaccine, biotechnology, Ewing sarcoma, precision medicine, pre-clinical, oncology, research collaboration, breakthrough drugs.