Biopharmaceutical Company Seeking Seed Funding for Skin Cancer Drug Development
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Financial Details
- Asking Price:
- $2,500,000
- Cash Flow / SDE:
- $2,500,000
- Profit Metric:
- Amount Sought
- Valuation Multiple:
- 1.0x
- Location:
- Vancouver, BC, CA
- Source:
- Date:
- September 15, 2025
Key Highlights
Seeking $2.5M USD seed funding to advance a novel topical skin disease drug.
Focuses on precancerous skin conditions, skin cancer, and inflammatory skin diseases.
Potential for significant valuation growth (8-10x) over 2-3 years based on similar companies.
Description
This listing represents a seed funding round for a biopharmaceutical company specializing in the development of novel treatments for precancerous skin conditions, skin cancer, and inflammatory skin diseases. The company is seeking $2.5 million USD to fund its Phase I clinical trial for a promising topical drug candidate. This milestone is anticipated to be a significant value inflection point, with potential for substantial investor returns mirroring the success of comparable companies that have seen 8-10x valuation gains within 2-3 years. The company plans to utilize SAFE agreements for this funding round and is not seeking loans. The company is located in Vancouver, BC.
Industry Information
- Industry Description:
- Medical / Pharmaceutical / Biotech
- Classification:
- Health Care & Fitness
Operational Snapshot
- Reason for Selling:
- Growth Capital
Real Estate & Lease
- Status:
- Not_included
Listing Details
- Listing ID:
- bbbd4446-2227-4d01-89ec-11f2bab7d5d4
- Deal Status:
- For Sale
- Date Posted:
- September 18, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD
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