GEN Exclusives

More »

GEN News Highlights

More »
Oct 27, 2009

Bellicum Raises $4.5M to Support Prostate Cancer Therapy Program

  • Bellicum Pharmaceuticals secured $4.5 million in a Series A and convertible note funding. The money will be used to complete the company's ongoing Phase I/IIa trial of BP-GMAX-CD1 in patients with advanced, androgen-independent prostate cancer, and to prepare for Phase IIb trials.

    BP-GMAX-CD1, the company's lead product, is a genetically modified, pharmacologically regulated autologous vaccine. The company anticipates reporting initial results of the Phase I/IIa trial in mid 2010.

    The latest financing brings the total raised to date to $8.5 million, including $1.45 million from the Texas Emerging Technology Fund, $6.8 million from angel investors, and additional seed capital from founders. The $6.8 million in angel funding includes $4.3 million as part of the Series A round and $2.5 million as a note convertible into Series A.

    “It is particularly gratifying to raise sufficient funds in this challenging economic environment to advance beyond our next significant milestone, which is demonstrating clinical proof of principle for our core vaccine technology,” comments Bellicum CEO, Tom Farrell.

    Bellicum Pharmaceuticals is also developing immunotherapeutics for the treatment of chronic infectious diseases. The company’s approach is to control the signaling pathways that regulate the immune response, thereby generating potent, durable antigen-specific immunity.

     



Related content

Jobs

GEN Jobs powered by HireLifeScience.com connects you directly to employers in pharma, biotech, and the life sciences. View 40 to 50 fresh job postings daily or search for employment opportunities including those in R&D, clinical research, QA/QC, biomanufacturing, and regulatory affairs.
 Searching...
More »

GEN Poll

More » Poll Results »

New Drugs for Ebola

Do you think that biopharma companies should not have to go through the normal drug approval process in order to get potential life-saving therapies to Ebola patients more quickly?