MedAnnex
Edinburgh, United Kingdom · Founded 2009 · $13.8M raised
- Headquarters
- Edinburgh
- Employees
- 11–50
- Founded
- 2009
- Business Model
- B2B
- Website
- medannex.org
- Total Funding
- $13.8M
- Last Round
- $13.8M Series BAug 2019
- Rounds
- 1
About
Medannex is pioneering the targeting of annexin-A1 to provide powerful new treatment options for people impacted by cancers and autoimmune diseases. Annexin-A1 drives cancer cell growth and migration and also plays a key role in the development of several autoimmune conditions. Extensive pre-clinical data demonstrate that its first-in-class monoclonal antibody therapeutic (MDX-124) effectively blocks the action of annexin-A1, and a Phase 1b clinical study is under way in cancer patients, with further autoimmune studies in preparation.
Summary
MedAnnex is a Biotech company based in Edinburgh, United Kingdom, founded in 2009. It has raised $13.8M in total across 1 round, most recently a $13.8M Series B round in Aug 2019. Investors include Morningside Group and Scottish Investment Bank.
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Funding History
Aug 2019
Investors
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