DeoBioSciences

DeoBioSciences

Early Stage

DeoBioSciences is developing a treatment against advanced metastatic cancer for people and pets.

DeoBioSciences is developing a treatment against advanced metastatic cancer for people and pets.

Overview

Raised to Date: Raised: $110,350

Total Commitments ($USD)

Platform

Netcapital

Start Date

05/12/2021

Close Date

03/15/2022

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$50.00

Pre-Money Valuation

$15,600,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$361

Momentum
Funded
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Year Founded

2000

Industry

Healthcare & Pharmaceuticals

Tech Sector

Biotech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Lilburn, Georgia

Business Type

Growth

DeoBioSciences, with a post-money valuation of $16.67 million, is raising funds on NetCapital. The company is developing treatment against metastatic cancer in pets and people. The cancer drug will be based on a naturally-occurring compound that can kill both early and advanced-stage cancer cells. John F. Adamson founded DeoBioSciences in 2000. The proceeds of the current crowdfunding campaign, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used for pre-clinical drug manufacturing, pre-clinical animal trials, payroll and benefits, R&D consultants, and other miscellaneous expenses. DeoBioSciences has received letters of interest from major biotech companies for in-licensing and partnerships.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$19,427

$-14,658

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,151

$79

Accounts Receivable

$0

$0

Total Assets

$1,151

$79

Short-Term Debt

$4,035

$2,962

Long-Term Debt

$245,588

$226,161

Total Liabilities

$249,623

$229,123

Financials as of: 05/12/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
DeoBioSciences 03/14/2022 Netcapital $15,600,000 $110,350 Equity - Common Funded RegCF
DeoBioSciences 05/11/2021 Netcapital $16,670,000 $0 Equity - Common Funded Test the Waters
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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DeoBioSciences on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $15,600,000
Price per Share: $50.00

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