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Cancer Therapeutics Drug Developing Company For Sale Location  United States Asking Price Range  $5.0M - $10.0M Gross Revenues  $0 Net Profit / Cash Flow  $0 Cash Flow Type  EBITDA Seller Finance  Not Disclosed Year Established  1998 Number of Employees  10 - 19 Relocatable  Not Disclosed Number of Employees  10 - 19 Real Estate  Leased Training  Seller will support as necessary. Reason for Sale  Completion of funding for research and development. Description  Cancer Therapeutic Drug developer is seeking partner(s) who are capable of bringing $ 12 million (in 3 trances within 30 months to be used for IND enabling studies and $6 million to take the company through Phase I testing.) So far the company has spent jointly with the major U.S. University that has developed this technology about $26 million during the last 14 years. SIGNIFICANT DEVELOPMENT: Recently, An Asian Venture Capital firm which is the Venture Capital arm of a significant overseas pharmaceutical company, has invested $ 3 million into this project and is planning to have its own scientist joint the University's R&D team. The V.C. firm could not invest more due to investment policy limitations of the VC's parent company. TECHNOLOGY HIGHLIGHTS: In essence company's technology may be summarized as follows: Development of cancer therapies designed to selectively stop the proliferation of cancer cells by targeting the molecular alterations responsible for their malignant transformation while minimally affecting normal cells. The company's lead drug candidates, which were licensed from a leading Ivy League University, are inhibitors of mRNA translation at the level of initiation, and abrogate growth of human cancer cell lines and xenografted human tumors in mice with high potency and minimal or no toxicity. Enterprise Development Resources, Inc. is neither a Broker-Dealer nor a registered Investment Advisor. Where applicable, securities transactions are conducted by Reliance Worldwide Investments, LLC, member FINRA, MSRB, and SIPC. Contact for more information on this cancer therapeutics Drg developing company for sale. Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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