Last deal

$60.77M
Local Amount - EUR 45M

Amount

Series E

Stage

18.11.2013

Date

3

all rounds

$212.7M

Total amount

date founded

Financing round

General

About Company
Ganymed Pharmaceuticals AG develops targeted drugs to kill tumor cells.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2001

Operating Status

Closed (11.11.2016)

Number of employees

Company Type

For Profit

Last funding type

Series E

IPO status

Private

Description

The company's mission is to revolutionize cancer treatment by developing a new class of drugs called Ideal Monoclonal Antibodies (IMABs). These IMABs are highly selective for proteins found on tumor cells, allowing them to efficiently kill tumor cells while minimizing side effects. Ganymed's lead candidate, IMAB362, is a monoclonal antibody designed to target gastric cancer. In October 2016, the company was acquired by Astellas.
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Their latest funding was raised on 18.11.2013. Their latest investor Landesbank Baden Wurttemberg. Their latest round Series E

Date 
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$60.77M
Local Amount - EUR 45M
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People

Founders
2

Dirk Sebastian

Mr. Sebastian has over 15 years of executive experience in drug discovery operations, business development and financial management. Prior to co-founding Ganymed, he served as head of operations of Mermaid Pharmaceutical GmbH, taking that company from early start-up phase through the capital formation and growth to more than 70 employees. He also co-founded and directed Nigeons GmbH, a company that provided operational and translocation consulting services to pharmaceutical and biotechnology companies. Mr. Sebastian obtained his degree in engineering and business administration from the Universities of Siegen and Hamburg, Germany.

current job

Ganymed Pharmaceuticals
Ganymed Pharmaceuticals

organization founded

1

Dirk Sebastian

Christoph Huber
Christoph Huber

Christoph Huber

After his studies at Medical School of the Leopold Franzens University in Innsbruck,Christoph Huber gained experience as a health professional of internal medicine and received his Ph.D. Several research scientist visits (Dept. Tumor Biology of Karolinska Institute, Stockholm, Wallenberg Laboratorium, Dept. Immunology of Uppsala University) were followed by an education in clinical bone marrow transplantation at the Fred Hutchinson Cancer Research Center, Seattle. Back in Innsbruck, Huber headed the bone marrow transplantation section of the Department of Internal Medicine, eventually becoming Professor of Clinical Immunobiology. Huber is Emeritus Professor of Medicine at the Medical School of the Johannes Gutenberg University in Mainz, co-founder and board member of the Translational Oncology research organization and co-founder and Head of Supervisory Board at the Cluster for individualized immune intervention (CI-3). Huber also co-founded the biopharmaceutical companies Ganymed Pharmaceuticals and BioNTech and serves on both of their boards. Huber is a member of numerous scientific committees, in particular the international Association of Cancer Immunotherapy (CIMT), which he co-founded and chairs. Huber is the author of more than 250 publications, among them various articles in “Nature”, “Nature Immunology”, “Immunity”, and the “Journal of Experimental Medicine”.

current job

BioNTech
BioNTech

organization founded

2

Christoph Huber

Employee Profiles
4
Torsten Trunzler

Torsten Trunzler

Purchasing Manager

Christoph Huber

Christoph Huber

Co-Founder

Ozlem Türeci

CEO

Dirk Sebastian

CFO, COO

Activity

Recent News
0