Last deal

$43M

Amount

Series C

Stage

27.01.2005

Date

4

all rounds

$54.6M

Total amount

General

About Company
Predix is a drug discovery and development company that specializes in GPCR and ion channel drug discovery.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Predict, Bio-IT

founded date

01.01.2000

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

The company uses a proprietary algorithm, PREDICT(TM), to model the 3D structure of any GPCR target and advanced technologies HYPERION(TM) and RISS(TM) for rapid high-throughput in silico screening of millions of compounds against the 3D in silico model of the target. Predix also has an integrated medicinal/computational platform for lead optimization based on the receptor's structure (ICELR-3D(TM)) and predictive algorithms for important drug properties. In August, Predix and Physiome Sciences Inc. combined companies and expanded the expertise into ion channel drug discovery. The company's focus is on developing small-molecule drugs to treat anxiety, Alzheimer's disease, pulmonary arterial hypertension, and other diseases.
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