Genelabs Technologies
Genelabs Technologies is a biopharmaceutical company engaged in the R&a;D of therapeutics for the treatment of infectious diseases.
Business Model:
Revenue: $0
Employees: 51-200
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Detailed Genelabs Technologies Information
Genelabs Technologies was acquired by
GlaxoSmithKline.
The acquisition happend on 2008-10-29.
Details of the transaction were not public
Acquirer
Geographic Data
Address:
City: Redwood City
State: California
Zip:
Country: United States
Financial Info
Stage:
series unknown
Raised Last:
$9M
Raised Total:$17M
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Description
As of January 6, 2009, Genelabs Technologies Inc. was acquired by SmithKline Beecham Corporation. Genelabs Technologies, Inc., a biopharmaceutical company, engages in the discovery and development of infectious disease therapies to improve human health. The company&s;s product pipeline consists of infectious disease projects focusing on Hepatitis C virus infection; and late-stage clinical assets, including an investigational vaccine for hepatitis E virus that is being developed by GlaxoSmithKline; and Prestara, an investigational drug for systemic lupus erythematosus. It has license and collaboration agreement with the Novartis Institutes for BioMedical Research for HCV polymerase non-nucleoside discovery research. Genelabs Technologies also has a collaborative research agreement with the National Health Research Institutes and Genovate Biotechnology Co., Ltd. to discover and develop compounds that target the hepatitis C virus. The company was founded in 1983 and is headquartered in Redwood City, California.
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| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2007 | Venture Round | $9M | 6/2006 | Venture Round | 5 | $8.3M |
Centrecourt Asset Management Fort Mason Capital Merlin Biomed Paramount BioCapital Asset Management RA Capital Management Centrecourt Asset Management Fort Mason Capital Merlin Biomed Paramount BioCapital Asset Management RA Capital Management |
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| Announced Date | Name | Price |
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