Vaccinex, Inc.

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Vaccinex, Inc. - overview

Established

1895

Location

Rochester, NY, US

Primary Industry

Biotechnology

About

Founded in 1895 and based in New York, US, Vaccinex, Inc. operates as a clinical-stage immunotherapy company that develops antibody therapeutics for neurological diseases and cancer. The company was founded by its CEO, Maurice Zauderer. In August 2018, Vaccinex, Inc.


raised USD 40 million in an IPO, selling 3. 33 million shares at USD 12 per share, within the expected USD 12–15 range. Vaccinex, Inc. granted the underwriters a 30-day option to purchase up to an additional 500,000 shares of common stock as part of the listing.


The company trades on the Nasdaq under the ticker symbol VCNX. Vaccinex develops drugs for treating cancer, neurodegenerative diseases, and autoimmune disorders through the inhibition of semaphorin 4D (SEMA4D). The firm’s lead drug candidate is pepinemab, which is a monoclonal antibody that blocks a protein called SEMA4D. The company offers the ActivMab platform, a drug discovery platform that discovers and develops antibodies for various chronic neurological disorders such as Alzheimer’s and Huntington’s disease.


Current Investors

Pan Atlantic Bank and Trust Limited., Biocon Ltd, Teva Pharmaceuticals Industries Ltd.

Primary Industry

Biotechnology

Sub Industries

Biopharmaceuticals, Oncology/Cancer Treatment, Pharmaceutical Research & Development

Website

www.vaccinex.com

Company Stage

Mature

Total Amount Raised

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