OncoStem Diagnostics

OncoStem is a diagnostic oncology company focused on discovering and developing novel tests for improved treatment planning.

Business Model:

Revenue: $0

Employees: 11-50

Detailed OncoStem Diagnostics Information

Geographic Data

OncoStem Diagnostics headquarters map

Address:

City: Bengaluru

State: Karnataka

Zip:

Country: India

Financial Info

Stage:

series a

Raised Last:

$6M

Raised Total:

$6M

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Description

OncoStem Diagnostics Private Limited is Mauritius incorporation with subsidiaries in India and US. It is founded by Cell Biology veteran with significant experience in US, Singapore and India in cancer biology &a; cancer drug discovery. Of the many challenges in medicine, none has experienced more hard-fought progress than the treatment and cure of cancer. ‘Recurrence’ of cancer is still the single most feared feature of cancer by the patients and oncologists since it is often the cause of morbidity and mortality associated with the disease. Risk of recurrence can vary from cancer to cancer. Accurate prediction of ‘risk of recurrence’ is one of the most important features required to plan optimum and effective treatment. At present, most cancer patients get surgery plus chemotherapy and radiation therapy to prevent cancer recurrence. These treatments are very generic, have severe side effects which reduce quality of life of patients. Finding targeted drugs (e.g. Gleevec, Herceptin) to prevent recurrence is the need of the hour. OncoStem is focussing on these two main issues viz predicting risk of recurrence and developing new targeted drugs to alleviate pain of cancer patients through improved diagnostics. OncoStem is developing novel diagnostic tests which will predict ‘risk of recurrence’ and prescribe targeted drugs to prevent cancer recurrence. Their first focus is breast cancer.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2011 Seed Round 1 $1M Artiman Ventures
Artiman Ventures
9/2017 Series A 2 $6M Artiman Ventures
Sequoia Capital India
Artiman Ventures
Sequoia Capital India
Announced Date Name Price

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