Stelexis Therapeutics
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Stelexis Therapeutics - overview
Established
2017
Location
New York, NY, US
Primary Industry
Biotechnology
About
Stelexis Therapeutics specializes in developing innovative therapies for hematological cancers, focusing on acute myeloid leukemia, myelodysplastic syndromes, and systemic mastocytosis to enhance patient outcomes through novel treatments. Founded in 2017 and headquartered in New York, US, Stelexis Therapeutics is dedicated to creating treatments for hematological malignancies. The company has conducted a total of 1 deal, with its most recent Series A funding round completed on January 7, 2019, raising USD 43. 00 mn.
The CEO, Patrick Doyle, leads the company as it continues to focus on its therapeutic developments. Stelexis BioSciences is at the forefront of developing innovative treatments targeting hematological cancers, including acute myeloid leukemia (AML), myelodysplastic syndromes (MDS), and systemic mastocytosis. The company's primary focus lies in eradicating these malignancies at their root causes through a pipeline of novel therapeutics designed to induce remissions, prevent relapses, and enhance patient survival outcomes. Stelexis BioSciences aims to address the significant unmet medical needs within this space, catering to healthcare providers and institutions that treat patients diagnosed with these types of cancers.
The company's products are strategically positioned in various global markets, including North America, Europe, and parts of Asia, ensuring a broad reach to patients in need of advanced treatment options. The financial transactions of Stelexis BioSciences revolve around strategic partnerships and collaborations with healthcare providers, research institutions, and pharmaceutical companies. Revenue is generated through agreements that often involve the licensing of intellectual property related to their proprietary drug candidates, as well as potential milestones and royalties based on the commercialization of these products. The company engages in business-to-business (B2B) interactions, focusing on partnerships that facilitate the development and distribution of its therapeutics.
Specific pricing structures and revenue details may vary depending on the terms of these agreements and the nature of services offered; however, flagship products typically command significant interest within the oncology market, translating into a robust transaction framework that supports the company's growth objectives. Stelexis Therapeutics plans to leverage its recent Series A funding of USD 43. 00 mn, raised in January 2019, to accelerate the development of its therapeutic pipeline, with a focus on launching new products targeting hematological cancers. The company aims to expand its presence in North America, Europe, and parts of Asia by 2023, addressing the growing demand for advanced treatment options in these markets.
Primary Industry
Biotechnology
Sub Industries
Molecular Science, Genetics & Gene Therapy, Epidemiology, Oncology/Cancer Treatment, Pharmaceutical Research & Development
Website
www.stelexis.com
Company Stage
Series A
Total Amount Raised
Subscriber access only
Stelexis Therapeutics - employee data


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