Fundraising Fox

Dracenpharma

Baltimore, US · Founded 2016 · 3 known investors

Dracen Pharmaceuticals is a private drug developer working at the intersection of cancer metabolism and immuno-oncology, developing glutamine antagonists that inhibit tumor glutamine metabolism and remodel the tumor microenvironment. Its lead candidate, sirpiglenastat (DRP-104), is in clinical trials for advanced solid tumors including KEAP1/NFE2L2-altered non-small cell lung cancer.

Founders & leadership

Dracenpharma was founded in 2016 by Robert Wild.

RW
Robert WildCo-founder & Chief Scientific Officer
TMThomas M. Estok
Thomas M. EstokChief Executive Officer, President and Treasurer
DP
Drew Pardoll, M.D., Ph.D.Named on SEC filing
AR
Asher RubinSecretary

Board

JL
Jonathan LeffBoard directorPartner at Deerfield Management Company
RJ
Robert JacksonBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$19.4M disclosed across 3 rounds · 2018–2023

$2.3MraisedAug 2023 · 6 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Asher RubinExecutive Officer
  • Drew Pardoll, M.D., Ph.D.Director
  • Dennis M. BilskiExecutive Officer
  • Jonathan LeffDirector
Offering amount
$2.8M
Amount sold
$2.3M
Minimum investment
$2.7K
Proceeds to insiders
$45K
First sale
Jun 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8.6MraisedNov 2021 · 8 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Asher RubinExecutive Officer
  • Dennis BilskiExecutive Officer
  • Thomas M. EstokExecutive Officer, Director
  • Drew Pardoll, M.D., Ph.D.Director
  • Jonathan LeffDirector
Offering amount
$17M
Amount sold
$8.6M
First sale
Nov 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8.5MraisedJan 2018 · 9 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Drew Pardoll, M.D., Ph.D.Director
  • Thomas M. EstokExecutive Officer, Director
  • Jonathan LeffDirector
  • Asher RubinExecutive Officer
  • Robert JacksonDirector
Offering amount
$40.5M
Amount sold
$8.5M
First sale
Jan 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

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Frequently asked questions

What does Dracenpharma do?
Dracen Pharmaceuticals is a private drug developer working at the intersection of cancer metabolism and immuno-oncology, developing glutamine antagonists that inhibit tumor glutamine metabolism and remodel the tumor microenvironment. Its lead candidate, sirpiglenastat (DRP-104), is in clinical trials for advanced solid tumors including KEAP1/NFE2L2-altered non-small cell lung cancer.
Who founded Dracenpharma?
Dracenpharma was founded by Robert Wild in 2016.
Who are Dracenpharma's investors?
Dracenpharma's investors include Biotech Investments S.R.O, OUP (Osage University Partners), Deerfield Management Company.
How much funding has Dracenpharma raised?
Dracenpharma has disclosed $19.4M raised across 3 rounds.
Where is Dracenpharma headquartered?
Dracenpharma is headquartered in Baltimore, US.