Last deal

$28.6M

Amount

Venture - Series Unknown

Stage

20.08.2015

Date

1

all rounds

$28.6M

Total amount

date founded

Financing round

General

About Company
Telesta Therapeutics is a biopharmaceutical company focused on developing transformative human therapeutics.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1979

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The Canadian-based company is dedicated to developing, manufacturing, and commercializing novel medicines that address major unmet medical needs, with a particular focus on oncology. Their anchor product, MCNA, has completed a Phase III pivotal study in patients with non-muscle invasive bladder cancer that have failed the first line therapy, bacillus Calmette-Guérin (BCG). Telesta has submitted a Biologics Licensing Application (BLA) for MCNA with the U.S. FDA and is seeking marketing approval to make MCNA available for patients and their physicians. Their ultimate goal is to transform the treatment landscape and improve the lives of those affected by bladder cancer, one of the most common types of cancers today.
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M&A Details
1

Acquired by

Liminal BioSciences

announced date

24.08.2016

Financials

Funding Rounds
1
1

Number of Funding Rounds

$28.6M

Money Raised

Their latest funding was raised on 20.08.2015. Their latest investor Boxer Capital. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
20.08.2015
3
$28.6M
Co-Investors
Investors
3
0

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
No
Venture - Series Unknown
No
Venture - Series Unknown
Boxer Capital

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People

Employee Profiles
7
Monique Champagne

Monique Champagne

Vice President of Clinical Research

Activity

Recent News
0