Athersys

18.08.2023

Company

Last deal

$3.7M

Amount

Post-IPO Equity

Stage

18.04.2023

Date

3

all rounds

$208.9M

Total amount

date founded

Financing round

General

About Company
Athersys is a biotechnology company focused on developing regenerative medicine therapies for various medical conditions.

Industry

Sector :

Subsector :

Also Known As

ATHERSYS, INC / NEW, Athersys Inc

founded date

01.01.1995

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Athersys' main product is MultiStem cell therapy, which is currently being studied in clinical trials for neurological conditions, cardiovascular diseases, inflammatory and immune disorders, and pulmonary conditions. The company has partnerships with Healios K.K. and the University of Minnesota for the development and commercialization of MultiStem. Athersys has also received Fast Track designation from the FDA for its treatment of acute respiratory distress syndrome (ARDS). In recent clinical studies, patients who received MultiStem treatment showed improved outcomes compared to those who received a placebo. The company is also developing pharmaceuticals for other indications such as obesity and cognitive disorders.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
9
3

Number of Funding Rounds

$208.9M

Money Raised

Their latest funding was raised on 18.04.2023. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
18.04.2023
$3.7M
09.11.2022
$5.5M
15.08.2022
$12M
Co-Investors
Investors
11
5

Number of lead investors

11

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
No
Venture - Series Unknown
No
Venture - Series Unknown
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People

Founders
2
Gil Van Bokkelen
Gil Van Bokkelen

Gil Van Bokkelen

Gil Van Bokkelen is the Chairman & CEO, Athersys, Inc.

current job

Athersys
Athersys

organization founded

1

Gil Van Bokkelen

John Harrington
John Harrington

John Harrington

Dr. Harrington co-founded Athersys in October 1995 and has served as Athersys' Executive Vice President and Chief Scientific Officer and as a director since Athersys' founding. Dr. Harrington led the development of the RAGE technology as well as its application for gene discovery, drug discovery and commercial protein production applications. He is a listed inventor on 20 issued or pending U.S. patents, has authored 20 scientific publications, and has received numerous awards for his work, including being named one of the top international young scientists by MIT Technology Review in 2002. Dr. Harrington has overseen the therapeutic product development programs at Athersys since their inception, and during his career he has also held positions at Amgen and Scripps Clinic. He received his Ph.D. in Cancer Biology from Stanford University and his B.A. in Biochemistry and Cell Biology from the University of California at San Diego.

current job

Advanced Biotechnology Consulting

organization founded

1

John Harrington

Employee Profiles
43
Kasey Rosado

Kasey Rosado

Interim Chief Financial Officer

Daniel Camardo

Daniel Camardo

CEO

Maia Hansen

Maia Hansen

Senior Vice President, Operations and Supply Chain

Alice Valentin-Torres

Senior scientist, immunologist, department of regenerative med

Ivor Macleod

Ivor Macleod

Chief Financial Officer

Dominic Malcolm

Process engineer

David Towslee

Senior accountant

Chris Bruns

Senior manager, clinical manufacturing and supply

Activity

Recent News
9
News Timeline

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