Novelos Therapeutics

Novelos Therapeutics, Inc. (Novelos) is a biopharmaceutical company focused on developing and commercializing oxidized glutathione-based

Business Model:

Revenue: $0

Employees: 11-50

Rankings

Detailed Novelos Therapeutics Information

Novelos Therapeutics was acquired by Cellectar Biosciences.
The acquisition happend on 2011-04-12.
Details of the transaction were not public

Geographic Data

Novelos Therapeutics headquarters map

Address:

City: Madison

State: Wisconsin

Zip:

Country: United States

Financial Info

Stage:

post ipo equity

Raised Last:

$4M

Raised Total:

$86M

Metrics

0Website Global Rank

0Website Monthly Traffic

Twitter Followers

Description

Novelos Therapeutics, Inc. (Novelos) is a biopharmaceutical company focused on developing and commercializing oxidized glutathione-based compounds for the treatment of cancer and hepatitis. The Company&s;s compound, NOV-002 is a small-molecule compound based on a formulation of oxidized glutathione that has been administered to approximately 1,000 cancer patients in clinical trials. As of December 31, 2009, NOV-002 was in Phase II development for solid tumors in combination with chemotherapy. The Company&s;s second glutathione-based compound, NOV-205 acts as a hepatoprotective agent with immunomodulating and anti-inflammatory properties.

Contact Phone:

Contact Email:

Novelos Therapeutics went public on 6/14/2005 on the OTCBB

Listed Exchange:
OTCBB

IPO Date:
6/14/2005

Ticker Symbol:
NVLT

Live

Opened: -/share

EBITDA -
Total Cash -
Total Debt -
Total Revenue -
Total Profit (Gross) -
PE Ratio -
Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
9/2009 Post-IPO Equity $3.5M
6/2012 Post-IPO Equity $5.4M
10/2009 Post-IPO Equity $32.3M
4/2007 Post-IPO Equity $15M
1/2010 Convertible Note 1 $365k Advantage Capital
Advantage Capital
4/2011 Post-IPO Equity $5.1M
1/2011 Post-IPO Equity $11.2M
11/2009 Post-IPO Equity $9M
2/2014 Post-IPO Equity $4M
Announced Date Name Price

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