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Photolitec LLC logo — See, Diagnose and Treat

Photolitec LLC

See, Diagnose and Treat

Founded 2010 United States Buffalo, United States 1 employees Venture round Total: $2.63M Biotechnology, Health Care +1

General Information

Company Name Photolitec LLC
Founded Year 2010
Location United States Buffalo, United States
Founders / Decision Makers
Team member
Employees 1
Industries Biotechnology, Health Care, Medical Devices
Funding Stage Venture round
Social

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About Photolitec LLC

Photolitec LLC is a biotech company based in Buffalo, NY, focusing on imaging compounds and cancer treatments using PDT and SDT. The company is set to commence clinical trials Phase I for its programs PHOTOBAC and PETONCO with significant milestones including obtaining an ODD for Glioblastoma and receiving FDA IND for Glioblastoma. The planned trial for PH 1 is scheduled for 2021. Photolitec's innovative approach involves developing photosensitizing compounds to detect and treat cancer, addressing the limitations of current market agents. By creating long-wavelength-absorbing compounds, Photolitec aims to facilitate the imaging and treatment of deeply-seated tumors, showcasing the potential for groundbreaking advancements in cancer treatment. Additionally, the company is actively engaged in the development of new agents for optimized tumor imaging and monitoring tumor response post-surgery or chemotherapy. Photolitec secured a $2.00M Venture Round investment on 03 March 2015 from AMI Organics. These developments position Photolitec as a promising player in the biotechnology and healthcare industries, making it an intriguing prospect for potential investors seeking innovative solutions in cancer treatment.

Business keywords: Biotech, Cancer Treatment, Clinical Trials, Medical Imaging, Drug Development, Photodynamic Therapy, Biopharmaceuticals, Oncology, Research and Development, Life Sciences, Innovative Therapy, Spin-off Company, Buffalo Bio-Cluster, Roswell Park Cancer Institute, PDT Center

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Venture Round $2.00M 1
AMI Organics
03 Mar 2015
Venture Round $630.00K -
11 Feb 2011

Photolitec LLC Alternatives & Competitors

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Photolitec LLC vs
Merus N.V.
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Photolitec LLC vs
CEBIOTEX
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Photolitec LLC vs
OSE Immunotherapeutics
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FAQ About Photolitec LLC

See, Diagnose and Treat
Photolitec LLC was founded in 2010.
Photolitec LLC is headquartered in Buffalo, United States.
Photolitec LLC operates in Biotechnology, Health Care and Medical Devices. Its work centres on Biotech, Cancer Treatment, Clinical Trials and Medical Imaging.
Photolitec LLC has approximately 1 employees.
Photolitec LLC has completed 2 funding rounds, raising a total of $2.63M. The latest funding stage is Venture round.
Top alternatives and competitors to Photolitec LLC include Merus N.V., CEBIOTEX, OSE Immunotherapeutics, Cavion, Rakuten Medical. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Photolitec LLC and Merus N.V. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Photolitec LLC, https://bouncewatch.com/company/photolitec-llc, updated 29 November 2024. When citing, please name BounceWatch and link this page.

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