Last deal

$20M

Amount

Series E

Stage

25.06.2010

Date

5

all rounds

$139.8M

Total amount

General

About Company
Nereus Pharmaceuticals discovers and develops drugs from marine microbes.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1998

Number of employees

Company Type

For Profit

Last funding type

Series E

IPO status

Private

Description

Nereus Pharmaceuticals is an innovative drug discovery and development company based in San Diego. They specialize in using marine microbiology technologies to identify and synthesize biologically active compounds. Currently, they have two oncology drug candidates in Phase I clinical trials: Plinabulin (NPI-2358), a tumor vascular disrupting agent for solid tumors, and NPI-0052, a proteasome inhibitor for solid tumors, lymphomas, and multiple myeloma. In addition to oncology, Nereus Pharmaceuticals also has drug candidates for infectious diseases and inflammation. Founded in 1998, the company is focused on tapping into untapped sources of chemical diversity.