Onconova Therapeutics (Merged with Trawsfynydd Therapeutics)

Overview
News

Onconova Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on discovering and developing novel small molecule drug candidates to treat cancer. Using a proprietary chemistry platform, Onconova has created an extensive library of targeted anti-cancer agents designed to work against specific cellular pathways that are important in cancer cells, while causing minimal damage to normal cells. It has three product candidates in clinical trials and six active pre-clinical programs. Onconova seeks to develop products that improve the outcome for cancer patients by directly addressing the disease, its recurrence, and the burden of side-effects associated with current methods of treatment.

Merger agreement with Trawsfynydd Therapeutics was entered into in April 2024 to form Traws Pharma.

HQ location:
Newtown, PA
Founded year:
1998
Employees:
11-50
IPO status:
Public
Total funding:
USD 177.9 mn
Last Funding:
USD 21.0 mn (Post IPO Equity; Sep 2021)
Last valuation:
-
Funding data are powered by Crunchbase
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