TargaZyme

TargaZyme

Growth Stage

The Next Frontier of Cancer Medicine

The Next Frontier of Cancer Medicine

Overview

Raised to Date: Raised: $73,867

Total Commitments ($USD)

Platform

StartEngine

Start Date

05/23/2022

Close Date

09/19/2022

Min. Goal
$9,996
Max. Goal
$1,069,997
Min. Investment

$305

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.62

Pre-Money Valuation

$196,273,335

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/29/2022

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

$626

# of Investors

84

Momentum
Funded
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Year Founded

2005

Industry

Healthcare & Pharmaceuticals

Tech Sector

Biotech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Location

Carlsbad, California

Business Type

Growth

TargaZyme, with a valuation of $196 million, is raising funds on StartEngine. The company is pioneering the development of cancer medicine that harnesses the power of the patient’s own immune system. The company is in the R&D stage and trying to eliminate chemotherapies, radiation, radical surgery, and other toxic drugs as treatments for cancer. The novel patented medicine of TargaZyme, TZ101, has shown to improve survival rates of cancer patients from 64% post-100 days of transplant to 78% post-100 days of transplant. Lynnet Koh founded TargaZyme in November 2005. The current crowdfunding campaign has a minimum target of $9,996.20 and a maximum target of $1,069,997.22. The campaign proceeds will be used to enable the delivery of cancer cures, further development of additional cures, and generate multiple revenue streams.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,416,916

$-2,483,254

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$111,900

$19,562

Accounts Receivable

$0

$0

Total Assets

$3,174,319

$3,455,588

Short-Term Debt

$7,524,097

$7,336,075

Long-Term Debt

$441,014

$203,700

Total Liabilities

$7,965,111

$7,539,775

Financials as of: 05/23/2022
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TargaZyme on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $196,273,335
Price per Share: $6.62

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