Plexxikon

Acquired

South San Francisco, United States · Founded 2001

Founded
2001
Business Model
B2B
Acquisition Date
Feb 2011

About

Plexxikon was an American drug discovery company based in South San Francisco, California, that developed novel small molecule pharmaceuticals using its proprietary Scaffold-Based Drug Discovery platform. Co-founded in 2001 by Yale University pharmacology professor Joseph Schlessinger and UC Berkeley professor Sung-Hou Kim, the company successfully advanced two drugs through FDA approval — vemurafenib (Zelboraf) for melanoma and pexidartinib (Turalio) for tenosynovial giant cell tumor. Plexxikon was acquired by Daiichi Sankyo in April 2011 for $805 million and was permanently shut down in March 2022.

Summary

Plexxikon is a Biotech company based in South San Francisco, United States, founded in 2001.

Funding History

AcquisitionAcquisition by Daiichi SankyoFeb 2011

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