Cleveland BioLabs

Company

Investment-firm

Last deal

$14M

Amount

Post-IPO Equity

Stage

19.02.2021

Date

12

all rounds

$111.1M

Total amount

General

About Company
Cleveland BioLabs is a clinical-stage biotech developing drugs for medical and defense applications.

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Also Known As

CBLI, BioLab 612 LLC

founded date

01.01.2003

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The biopharmaceutical company Cleveland BioLabs is focused on developing drugs for oncology and tissue protection, with a proprietary platform of Toll-like immune receptor activators that has applications in the mitigation of radiation injury and immuno-oncology. Their lead product candidate, entolimod, is an immuno-stimulatory agent developed as a radiation countermeasure and immunotherapy for oncology and other indications. Cleveland BioLabs has nine product candidates in their pipeline, developed by their subsidiaries Incuron, LLC and Panacela Labs, Inc., that have the potential to treat cancer, prevent and treat acute radiation syndrome, and counteract the toxic effects of radio and chemotherapy for oncology patients.
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