Last deal

$3.06M
Local Amount - EUR 2.77M

Amount

Grant

Stage

01.07.2015

Date

3

all rounds

$105.84M

Total amount

date founded

Financing round

General

About Company
Epigenomics is a molecular diagnostics company that develops and commercializes in vitro diagnostic tests for cancer.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1998

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company's tests aim to detect cancer at early stages before symptoms occur and can be carried out conveniently on body fluids such as blood plasma. Its lead test development program is in colorectal cancer, and further tests are in development for lung and prostate cancer. Epigenomics' products address either mass markets or high-value niches, and some can be commercialized effectively by the company itself. The diagnostic tests rely on detecting differences in DNA methylation patterns between healthy and sick individuals or between subgroups of patients for disease classification. Epigenomics has been granted over 60 patents covering DNA methylation technologies and biomarkers.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

Cathay Fortune Corp.

announced date

27.04.2017

price

$185.8M
Local Amount - EUR 171M

Financials

Funding Rounds
7
3

Number of Funding Rounds

$105.84M

Money Raised

Their latest funding was raised on 01.07.2015. Their latest investor 3i Group. Their latest round Grant

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.07.2015
1
$3.06M
Local Amount - EUR 2.77M
16.10.2014
$5.3M
19.08.2013
$6.67M
Local Amount - EUR 5M
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Industrial Support Services

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Professional Business Support Services

Keywords

Energy, Project Management

Location

Brussels, Belgium

count Of Investments

3607

count Of Exists

165
Co-Investors
Investors
8
3

Number of lead investors

8

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series C, Venture - Series Unknown
Yes
Venture - Series Unknown
No
Venture - Series Unknown
3i Group

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Jörg Neermann

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Jörg Neermann, PhD, joined LSP as a Partner in the Munich Office in early 2007 and serves as member of the supervisory board of Affimed Therapeutics (D), Vivendy (CH) and Curetis (D) and is an observer to the supervisory board of Probiodrug (D). He started his venture capital career in 1996 at Atlas Venture, where he was a key member of the international life sciences team. In 1998, Dr. Neermann joined DVC Deutsche Venture Capital to develop and build the life sciences activities DVC. In 2002, he became DVC’s Managing Partner, with responsibility for the overall investment strategy and operations. In that capacity he served on the boards of e.g. Topotarget A/S, G2M AG, Epigenomics AG, 4SC AG, Probiodrug AG, Keyneurotek AG and was involved in numerous transactions from seed financing to IPO or trade sale. Jörg holds an M.S. and a Ph.D. degree in biotechnology, which he studied at the TU Braunschweig and at M.I.T., Cambridge. He also studied economics at Harvard Business School and at the TU Braunschweig. During his time as a Ph.D. student at the German National Research Institute for Biotechnology (GBF), Jörg was also worked for a strategic management consultancy firm.

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count Of Exists

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People

Founders
1
Alexander Olek
Alexander Olek

Alexander Olek

Alexander Olek is founder and also Chairman of the Advisory Board of PHORMS-Schools. Alexander's experiences in German schools were rather frustrating. Since then he has dreamed about changing the system. He studied mathematics in Buenos Aires, Argentina, where he founded of one of South America's first molecular diagnostics companies. He then earned his Bachelor of Science with Honours in biochemistry at the University of London and did his PhD at the Max-Planck Institute in Berlin, Germany. During 1997 and 1998, Alexander co-founded Genom Analytic GmbH in Bremen and Biopsytec in Berlin. Since founding the company in November 1998, Alexander has headed the Executive Board of Epigenomics, which he led through an IPO in 2004. Alexander was elected "Entrepeneur of the Year 2001" by Ernst &Young. In 2002, he was named one of the world's top one hundred young innovators by Technology Review, MIT'S Magazine of Innovation. Alexander is politically active, was a member of Chancellor Schroeder's innovation council, serves on the board of directors of the German Biotechnology Association (DIB) and teaches entrepreneurship at the Humboldt University of Berlin.

current job

Epigenomics
Epigenomics

organization founded

1

Alexander Olek

Employee Profiles
20

Amber Vallejo

Facility, logistics and eh and s manager

Albert Weber

Albert Weber

Executive Vice President Finance - Vorstand

Albert Grey

Area business manager

Joy Sheng

Senior .manager,technical support and customer training

Thomas Taapken

Thomas Taapken

CFO

Noel Doheny

Noel Doheny

CEO

Alexander Olek

Alexander Olek

Founder

Mowliid Magare

Research associate and facilities management

Activity

Recent News
9
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month