GLG Pharma

Early Stage

Saving lives with next-generation ovarian cancer treatments.

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $

Platform

Wefunder

Start Date

05/29/2018

Close Date

02/22/2019

Min. Goal

$250,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation Cap

$15,000,000

Discount Rate

0%

Rolling Commitments $

Status
Not Funded
Reporting Date

02/10/2019

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Location

Jupiter, Florida

Industry

Healthcare & Pharmaceuticals

Tech Sector

GLG Pharma is an oncology company-- and they’re ready to improve cancer treatments. The current treatment for ovarian cancer only leads to about a 40% survival rate. However, GLG Pharma believes that by inhibiting STAT3, a mechanism found in over 30 types of cancer, they can help people respond more successfully to treatment by 10-20%. In fact, their goal is that, in the next five years with their research, they think they could raise the survival rate to 60-70%. So far, GLG was selected by the National Cancer Institute’s PREVENT Cancer Preclinical Drug Development Program for breast cancer, and they received a $3.7M grant from an EU supported fund in Poland for Triple Negative Breast Cancer treatment. Plus, the founder has already had nine drugs be approved by the FDA & EMA.
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GLG Pharma on Wefunder
$
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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