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ConjuChem Biotechnologies Inc.

Latest From ConjuChem Biotechnologies Inc.

Soon-Shiong’s “Billion-Dollar Start-Up”: What’s He Building In There?

Patrick Soon-Shiong, MD, continues to reap financial rewards from his $2.9 billion sale of Abraxis Bioscience Inc. to Celgene Corp. in 2010. Some of the cash has gone famously to Soon-Shiong’s purchase of a slice of the Los Angeles Lakers basketball team, but much more of it has gone to his next big health care project, which he describes as his “billion-dollar start-up.”


Partnering and M&A round-up: 17-23 November

In a relatively quiet week for dealmaking, thanks to the Thanksgiving break in the US, Scrip's round-up highlights 15 agreements.

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From one billionaire investor to another: NantPharm raises $125 million

Blackstone, the New York-based investment firm with $190 billion under management, has put $125 million as a minority investor into the biologics and pharmaceutical manufacturing unit of Nantworks - NantPharm - established in September 2011 by serial entrepreneur and billionaire philanthropist Patrick Soon-Shiong. The NantPharm unit is principally involved in pharmaceutical development and manufacturing.

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ConjuChem files for bankruptcy

ConjuChem Biotechnologies has become the latest biotech to succumb to the pressures of the economic downturn, filing a voluntary assignment in bankruptcy under Canada's Bankruptcy and Insolvency Act.

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Company Information

  • Industry
  • Biotechnology
    • Large Molecule
  • Pharmaceuticals
    • Drug Delivery
      • Macromolecule
  • Therapeutic Areas
  • Cardiovascular
  • Infectious & Viral Diseases
  • Metabolic Disorders
  • Alias(es)
  • RedCell Inc.
  • ConjuChem Inc.
  • Ownership
  • Public
  • Headquarters
  • Worldwide
    • North America
      • Canada
  • Parent & Subsidiaries
  • ConjuChem Biotechnologies Inc.
  • Senior Management
  • Mark D Perrin, Pres. & CEO
    Thomas R Ulich, MD, EVP, R&D
    Chantal Lapointe, VP, Fin.
  • Contact Info
  • ConjuChem Biotechnologies Inc.
    Phone: (514) 844-5558
    225 President-Kennedy Ave., 3rd Fl.
    Ste. 3950
    Montreal, H2X 3Y8