SciTech Development, Inc. logo — SciTech Development is a Specialty Pharmaceutical Company de...

SciTech Development, Inc.

SciTech Development is a Specialty Pharmaceutical Company dedicated to advancing breakthrough cancer treatments.

United States Grosse Pointe Farms, United States 8 employees Venture round Total: $5.93M Biotechnology, Life Sciences +1

General Information

Company Name SciTech Development, Inc.
Location United States Grosse Pointe Farms, United States
Founders / Decision Makers
Team member Team member Team member Team member
Employees 8
Industries Biotechnology, Life Sciences, Pharmaceutical
Funding Stage Venture round
Social

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About SciTech Development, Inc.

SciTech Development LLC Analysis

SciTech Development is a Specialty Pharmaceutical Company focused on advancing breakthrough cancer treatments. The company's proprietary drug delivery platform, SDP, and lead cancer drug candidate, ST-001 nanoFenretinide, showcase considerable potential in developing cost-effective therapeutics with transformative clinical outcomes.

Their patent-protected ST-001-nanoFenretinide, which combines SDP and the drug fenretinide, is designed to effectively target incurable cancers with low-risk, proven safety and efficacy from previous clinical trials, making it clinical trial ready.

SciTech's immediate goal is to commercialize ST-001 and establish strategic partnerships with pharmaceutical industry leaders to expand their oncology drug portfolio, target new diseases, or develop combination drug therapies.

The FDA's approval of IND for T-Cell Lymphomas, Phase 1a/b clinical trial plan, IRB approval by Rush University Medical Center, and Orphan Drug Designation for several T-cell lymphomas demonstrate the company's significant achievements.

With a recent $3.20M Venture Round investment on 04 June 2024, led by Storm Lake Capital and Pointe Angels, SciTech Development LLC is poised to revolutionize cancer treatment with its innovative drug delivery platform and lead cancer drug candidate, marking a promising venture for potential investors.

Taxonomy: Pharmaceutical Company, Cancer Treatments, Drug Delivery Platform, Patented Drug, Clinical Trials, Oncology, Strategic Partnerships, FDA Approval, Orphan Drug Designation, Bioavailability, Companion Therapeutic, Affordable Treatment, Specialty Pharmaceutical, T-Cell Lymphomas, Innovations

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Venture Round $3.20M 2
Storm Lake Capital, Pointe Angels
04 Jun 2024
Venture Round $2.73M 4
HRM, Pointe Angels +2
07 Jun 2023

SciTech Development, Inc. Alternatives & Competitors

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FAQ About SciTech Development, Inc.

SciTech Development is a Specialty Pharmaceutical Company dedicated to advancing breakthrough cancer treatments.
SciTech Development, Inc. is headquartered in Grosse Pointe Farms, United States.
SciTech Development, Inc. operates in Biotechnology, Life Sciences and Pharmaceutical. Its work centres on Pharmaceutical Company, Cancer Treatments, Drug Delivery Platform and Patented Drug.
SciTech Development, Inc. has approximately 8 employees.
SciTech Development, Inc. has completed 2 funding rounds, raising a total of $5.93M. The latest funding stage is Venture round.
Top alternatives and competitors to SciTech Development, Inc. include Ascelia Pharma AB, CEBIOTEX, Quince Therapeutics, Vuja De Sciences, Lixte Biotechnology Holdings, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SciTech Development, Inc. and Ascelia Pharma AB 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 SciTech Development, Inc., https://bouncewatch.com/company/scitech-development-llc, updated 11 November 2024. When citing, please name BounceWatch and link this page.

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