CAO Pharmaceuticals

CAO Pharmaceuticals

Closed: Apr. 2023

About this raise: CAO Pharmaceuticals is testing the waters on Silicon Prairie Online. The pharmaceutical company specializes in oral and non-toxic cancer treatment options using camptothecin (cpt). The company is testing a cpt derivative, CZ48, for toxicity and efficiency against cancers of the bladder, breast, kidney, lungs, ovary, pancreas, and prostate. Zhisong Cao founded CAO Pharmaceuticals in May 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5,000,000. The campaign proceeds will be used for the Phase 2 FDA trial, trial expenses, laboratory rental, utilities, expenses, and pipeline medication development.

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Investment Overview

Not Funded: $1,000

Deal Terms

Total Commitments ($USD)

Platform
Silicon Prairie Online
Start Date
05/02/2022
Close Date
04/24/2023
Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$1,000,000

Company & Team

Company

Year Founded
2015
Industry
Healthcare & Pharmaceuticals
Tech Sector
Biotech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Webster, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Zhisong Cao
Title
CEO & Chief Chemist

Financials

 Revenue
$0
 Monthly Burn
$15,522
 Runway
3.5 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-186,265

$-604,397

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$54,884

$78,415

Accounts Receivable

$0

$0

Total Assets

$2,662,118

$2,693,828

Short-Term Debt

$2,433

$2,878

Long-Term Debt

$0

$0

Total Liabilities

$2,433

$2,878

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/24/2023 Silicon Prairie Online $1,000,000 $1,000 Equity - Common Not Funded RegCF
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Add to portfolio
CAO Pharmaceuticals on Silicon Prairie Online 2022
Platform: Silicon Prairie Online
Security Type: Equity - Common
Valuation: $1,000,000
Price per Share: $1.00

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Warning: according to the close date for this deal, CAO Pharmaceuticals may no longer be accepting investments.

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