Last deal

$400.4M

Amount

Post-IPO Equity

Stage

29.02.2024

Date

3

all rounds

$1.48B

Total amount

date founded

Financing round

General

About Company
Celldex develops antibodies to treat diseases with inadequate treatments.

Industry

Sector :

Subsector :

founded date

01.01.1983

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The company's focus is on developing and commercializing immunotherapy technologies and cancer-targeting biologics. Celldex is currently conducting clinical trials for products targeting various cancers, including breast cancer, metastatic melanoma, lung cancer, solid tumors, and ovarian cancer. Its pipeline products include Varlilumab, CDX-301, CDX-1140, CDX-0159/Anti-KIT Program, and CDX-527.
Contacts

Contact Email

Phone number

Social url

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Financials

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3

Number of Funding Rounds

$1.48B

Money Raised

Their latest funding was raised on 29.02.2024. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
29.02.2024
$400.4M
07.11.2023
$200.5M
13.07.2021
$287.5M
Co-Investors
Acquisitions
4
Kolltan Pharmaceuticals acquired by Celldex Therapeutics

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Curagen Corporation acquired by Celldex Therapeutics

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Lorantis acquired by Celldex Therapeutics

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Subsector

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People

Founders
3

Tibor Keler

Dr. Keler is a Founder of Celldex and serves as the Company’s Executive Vice President and Chief Scientific Officer. Prior to this appointment in 2014, he was Senior Vice President of Research and Discovery at Celldex. Celldex, founded in 2004 as a subsidiary of Medarex (Medarex is now a wholly-owned subsidiary of Bristol Myers Squibb), was initially spun out as an independent private company in October 2005 with the asset acquisition of CDX-110 from Alteris Therapeutics, Inc. and the acquisition of Lorantis Limited (Cambridge, UK). Previously, Dr. Keler was Senior Director of Preclinical Development and Principal Scientist at Medarex from September 1993 to March 2004. While at Medarex, he was responsible for the preclinical development of a number of Medarex clinical product candidates. In addition, Dr. Keler was responsible for the development of Celldex's core technology and related products. Dr. Keler received his Ph.D. in Microbiology from the University of Pennsylvania.

current job

Celldex Therapeutics
Celldex Therapeutics

organization founded

1

Tibor Keler

Anthony S. Marucci

Mr. Marucci is a Founder of Celldex and serves as the Company’s President and Chief Executive Officer and as a member of the Board of Directors. Prior to his appointment as President and CEO in 2008, Mr. Marucci served as Vice President, Chief Financial Officer, Treasurer and Secretary of Celldex. Celldex, founded in 2004 as a subsidiary of Medarex (Medarex is now a wholly-owned subsidiary of Bristol Myers Squibb), was initially spun out as an independent private company in October 2005 with the asset acquisition of CDX-110 from Alteris Therapeutics, Inc. and the acquisition of Lorantis Limited (Cambridge, UK). In addition to these acquisitions, Mr. Marucci is also responsible for the AVANT Immunotherapeutics, Inc. and Celldex Therapeutics, Inc. merger completed during the first quarter of 2008 and the acquisition of CuraGen Corporation completed in the third quarter of 2009. He was Treasurer of Medarex from December 1998 to March 2004, where he held a series of senior financial positions since December 1998. He is a member of the Board of Trustees of BioNJ and also served as its Treasurer through 2010. Mr. Marucci received his B.S. in Accounting from Kean University and his M.B.A. from Columbia University.

current job

Celldex Therapeutics
Celldex Therapeutics

organization founded

1

Anthony S. Marucci

Harry H. Penner
Harry H. Penner

Harry H. Penner

Mr. Penner is Founder, Chairman and Chief Executive Officer of Nascent BioScience, LLC, a firm engaged in the creation and development of new biotechnology companies founded in September 2001. Mr. Penner is a Founder of New Haven Pharmaceuticals (of which he is Chairman and Chief Executive Officer), Prevention Pharmaceuticals, Affinimark Technologies, Rib-X Pharmaceuticals, RxGen, MAK Scientific, and Celldex Therapeutics. He was President, Chief Executive Officer, and Vice Chairman of Neurogen Corporation from 1993 to 2001. From 1985 to 1993 he was an Executive Vice President of Novo Nordisk A/S, serving from 1988 to 1993 as Executive Vice President for North America and President, Novo Nordisk of North America, and from 1985 to 1988 as the company's Executive Vice President and General Counsel in Denmark. He has served as BioScience Advisor to the Governor and the State of Connecticut, as Co-Chair of Connecticut United for Research Excellence, and as Chair of the Connecticut Board of Governors of Higher Education. He currently serves on the Boards Rib-X, New Haven Pharmaceuticals, Prevention Pharmaceuticals, and Affinimark. Mr. Penner holds a B.A. from the University of Virginia, a J.D. from Fordham University, and an L.L.M. in International Law from New York University.

current job

Nascent BioScience LLC.

organization founded

10

Harry H. Penner

Employee Profiles
72

Irina Avrutsky

Senior director quality assurance

Lawrence Thomas

Vice president, preclinical r and d and bioanalytics

Carrie Domozick

Associate director of quality control

Eric Forsberg

Associate director, bioanalytics at celldex therapeutics

Richard Khazzaka

Executive director, manufacturing operations and supply

Diane Young

Diane Young

Sr Vice President and Chief Medical Officer

Shannon Renn-Bingham

Senior manager, analytical development

Anja Pilja

Human resources generalist and business partner

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