Samumed
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Samumed

http://www.samumed.com/
Last activity: 15.08.2019
Active - Reference to Biosplice Therapeutics
Categories: DrugLifeScience
Samumed is a life science company specializing in small molecule drugs that selectively activate or inhibit the Wnt pathway toward treatment of oncological and degenerative diseases.
Mentions
11
Employees: 201-500
Total raised: $438M
Founded date: 2008

Investors 1

Funding Rounds 1

DateSeriesAmountInvestors
06.08.2018Series A$438M-

Mentions in press and media 11

DateTitleDescription
15.08.2019In conversation with Samumed CEO Osman Kibar: Drugging Wnt, restoring youth and unconventional capitalFounded in 2008, Samumed has spent most of its lifetime working under the radar. It came out of the shadows in 2016 with a war chest of $220 million drawn from investors including Ikea’s private venture arm and some very wealthy individuals...
25.10.2018Mixed da­ta does­n't stop this biotech uni­corn from plot­ting a loom­ing PhI­II show­downSa­mumed has of­ten found it eas­i­er to come up with lots more in­vestor cash than con­sis­tent­ly pos­i­tive clin­i­cal da­ta. And that odd jux­ta­po­si­tion has nev­er been more ap­par­ent than in its lat­est read­out for their lead drug...
24.10.2018Samumed, a $12 billion startup that wants to cure baldness and smooth out your wrinkles, just released promising data on its lead drug to treat osteoarthritisDiana Yukari/Business Insider; photos courtesy Samumed Samumed CEO Osman Kibar, CFO Cevdet Samikoglu, and chief medical officer Yusuf Yazici Advertisement $12 billion biotech Samumed on Wednesday is presenting data from a clinical trial loo...
07.08.2018 Samumed Raises $438M San Diego-based Samumed, a biopharmaceuticals firm focused on treatments for Alzheimer's and other diseases, has raised a huge, $438M funding round, the company said on Monday. Source of the funding was not announced. Samumed says it has no...
07.08.2018Samumed raises $438 million to fund regenerative medicine developmentThe company plans to use funding to advance lead candidate, SM04690, in knee osteoarthritis, while also advancing other drug candidates and expanding its portfolio, the spokesperson said. According to Samumed’s pipeline page, the small-mole...
06.08.2018Samumed Closes $438M Series A-6 SAN DIEGO, CA, Samumed announced today that it has closed its A-6 Round of equity issuance with $438 million. >> Click here for more funding data on Samumed >> To export Samumed funding data to PDF and Excel, click here S...
06.08.2018Samumed Closes on $438M in Equity FinancingSamumed, a San Diego, CA-based small-molecule drug platform, has secured $438m in funding. The investors were not disclosed. THE PRESS RELEASE Samumed Closes on $438 Million in Equity Financing SAN DIEGO, Aug. 06, 2018 (GLOBE NEWSWIRE) — Sa...
06.08.2018What's big­ger than a uni­corn? Sa­mumed stuns yet again as an­ti-ag­ing pipeline draws $438M at $12B val­u­a­tionSa­mumed came out with a bang a cou­ple years ago, when it bold­ly an­nounced a cou­ple of an­ti-ag­ing pro­grams and a $12 bil­lion val­u­a­tion. The San Diego com­pa­ny, which op­er­at­ed in stealth through much of its first decade, had n...
06.08.2018Term Sheet — Monday, August 6GOBBLED Nope, meal kits are still not over. Neither are the grocery wars. Paid Content Securing the enterprise without boundaries From ExtraHop Four months after Walmart introduced its own prepared meal offering, the retail behemoth has now...
06.08.2018Samumed, San Diego Biotech Developing Regenerative Drugs, Announces $438M Financing RoundSan Diego-based biotech company Samumed LLC announced Aug. 6 it had raised $438 million, bringing the total money it has raised to more than $650 million. Samumed, founded in 2008 by CEO Osman Kibar, is developing medicines it says have the...
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