Sopherion Therapeutics logo — Innovating metastatic breast cancer treatment through advanc...

Sopherion Therapeutics

Innovating metastatic breast cancer treatment through advanced nanotechnology solutions.

Founded 2001 Series C Total: $163.00M Biotechnology, Health Care +1

General Information

Company Name Sopherion Therapeutics
Founded Year 2001
Founders / Decision Makers
Team member
Industries Biotechnology, Health Care, Pharmaceutical
Funding Stage Series C
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About Sopherion Therapeutics

Sopherion Therapeutics is a biopharmaceutical company focused on innovating metastatic breast cancer treatment through advanced nanotechnology solutions. Based in Princeton, New Jersey, the company also has offices in Cheshire, Connecticut, Estero, Florida, and Toronto, Canada through its operating subsidiary, Sopherion Therapeutics Canada. The company secured a significant $55.00M Series C investment on 19 February 2009 from Zoticon BioVentures.

Sopherion holds an exclusive licensing agreement with Zeneus Pharma Ltd., now Cephalon, Inc., to commercialize Myocet™, a liposome-encapsulated doxorubicin-citrate complex, in the United States and Canada. The company is dedicated to a Phase III global, randomized registration trial for first-line therapy of invasive, metastatic breast cancer, assessing the effectiveness of Myocet™ in combination with Herceptin® and Taxol (Paclitaxel), compared to the current standard of Herceptin® and Taxol alone.

Myocet™, recognized for its reduced cardiotoxicity, has shown promise based on Phase II trials supported by Roche, achieving a 96% response rate and a median progression-free survival of two and a half years for patients with metastatic breast cancer. With the trial reaching full recruitment by March 2009, unblinding was expected by summer 2010, and an NDA submission for full approval planned within six months thereafter. The drug is already registered in Canada and Europe for use in combination with cyclophosphamide in first-line metastatic breast cancer.

Business keywords: nanotechnology, metastatic breast cancer, biopharmaceutical, drug development, clinical trials, Liposome technology, oncology, FDA approval, global healthcare, patient treatments, cancer therapy, pharmaceutical research, commercialization, biotechnology investment

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $55.00M 1
Zoticon BioVentures
19 Feb 2009
Venture Round $35.00M 8
Canaan Partners, New Leaf Venture Partners +6
01 Jan 2008
Series B $47.00M 1
Sprout Group
20 Sep 2004
Series A $26.00M -
10 Mar 2003

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FAQ About Sopherion Therapeutics

Innovating metastatic breast cancer treatment through advanced nanotechnology solutions.
Sopherion Therapeutics was founded in 2001.
Sopherion Therapeutics operates in Biotechnology, Health Care and Pharmaceutical. Its work centres on nanotechnology, metastatic breast cancer, biopharmaceutical and drug development.
Sopherion Therapeutics has completed 4 funding rounds, raising a total of $163.00M. The latest funding stage is Series C.
Top alternatives and competitors to Sopherion Therapeutics include Phoenix Molecular Designs, Coeptis Therapeutics, Forma Therapeutics, HEART METABOLICS LTD, Day One Biopharmaceuticals. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sopherion Therapeutics and Phoenix Molecular Designs 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 Sopherion Therapeutics, https://bouncewatch.com/company/sopherion-therapeutics, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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