Acer Therapeutics

Cambridge, United States Founded: 1991 • Age: 35 yrs Acquired By Zevra
Treatments for ultra-rare diseases like vEDS and MSUD are developed.

About Acer Therapeutics

Acer Therapeutics is a company based in Cambridge (United States) founded in 1991 by Chris Schelling was acquired by Zevra in November 2023.. The company has 37 employees as of December 31, 2022. Acer Therapeutics has completed 1 acquisition, including Opexa Therapeutics. Acer Therapeutics offers products and services including OLPRUVA, EDSIVO, and Investigational Lifecycle Opportunities. Acer Therapeutics operates in a competitive market with competitors including Alnylam, Ultragenyx, Gemini Therapeutics, BioMarin Pharmaceutical and Mirum Pharmaceuticals, among others.

  • Headquarter Cambridge, United States
  • Employees 37 as on 31 Dec, 2022
  • Founders Chris Schelling
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $1.26 M
    0
    as on Dec 31, 2021
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $1.5 M (USD), Post-IPO

    Dec 01, 2022

  • Investors
    Zevra

    & 1 more

  • Employee Count
    37

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Zevra

    (Nov 20, 2023)

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Products & Services of Acer Therapeutics

Acer Therapeutics offers a comprehensive portfolio of products and services, including OLPRUVA, EDSIVO, and Investigational Lifecycle Opportunities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Treatment for Maple Syrup Urine Disease conditions

Investigational treatment for Vascular Ehlers-Danlos Syndrome

Explores new therapies for ultra-rare diseases

People of Acer Therapeutics
Headcount 10-50
Employee Profiles 28
Employee Profiles
People
David Rowe Wood
Head Of Field Medical Affairs
People
Timothy Sangiovanni
Senior Vice President, Corporate Controller
People
Rene A. Braeckman
Senior Vice President, Clinical Development
People
Dennis L.
Sr. Specialist, Quality And Regulatory Affairs

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Funding Insights of Acer Therapeutics

  • Total Funding
  • Total Rounds 7
  • Last Round Post-IPO — $1.5M
  • First Round

    (01 Apr 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2022 Amount Post-IPO - Acer Therapeutics Valuation

investors

Jul, 2020 Amount Post-IPO - Acer Therapeutics Valuation

investors

Dec, 2017 Amount Post-IPO - Acer Therapeutics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Acer Therapeutics

Acer Therapeutics has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Zevra and TVM Capital Life Science. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Capital is invested in life science innovations for healthcare transformation.
Founded Year Domain Location
Marketing services are provided to biopharma companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Acer Therapeutics

Acer Therapeutics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Opexa Therapeutics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Developing personalized T-cell therapies to treat autoimmune diseases, including multiple sclerosis.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Acer Therapeutics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Acer Therapeutics Comparisons

Employees
+
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Competitors of Acer Therapeutics

Acer Therapeutics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alnylam, Ultragenyx, Gemini Therapeutics, BioMarin Pharmaceutical and Mirum Pharmaceuticals, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
RNA interference-based therapeutics are developed for multiple disorders.
domain founded_year HQ Location
Therapeutics for rare and ultra-rare metabolic diseases are developed.
domain founded_year HQ Location
Developer of precision therapeutics for dry AMD and rare genetic diseases
domain founded_year HQ Location
Therapeutics for rare genetic diseases are developed by BioMarin Pharmaceutical.
domain founded_year HQ Location
Small molecule therapeutics are developed for rare diseases treatment.
domain founded_year HQ Location
Developer of gene therapies for rare genetic diseases
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Acer Therapeutics

Frequently Asked Questions about Acer Therapeutics

When was Acer Therapeutics founded?

Acer Therapeutics was founded in 1991 and raised its 1st funding round 24 years after it was founded.

Where is Acer Therapeutics located?

Acer Therapeutics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Who is the current CEO of Acer Therapeutics?

Chris Schelling is the current CEO of Acer Therapeutics. They have also founded this company.

How many employees does Acer Therapeutics have?

As of Dec 31, 2022, the latest employee count at Acer Therapeutics is 37.

What is the annual revenue of Acer Therapeutics?

Annual revenue of Acer Therapeutics is $1.26M as on Dec 31, 2021.

What does Acer Therapeutics do?

Acer Therapeutics is developing treatments for ultra-orphan diseases. Its drug portfolio includes ACER-002 for Vascular Ehlers-Danlos Syndrome (vEDS) for which Acer was awarded orphan drug designation by the FDA in January 2015and ACER-001 (orphan drug designation by the FDA in August 2014) for Maple Syrup Urine Disease (MSUD), EDS is a group of hereditary disorders of connective tissue and MSUD is a devastating genetic disease an inborn error of amino acid metabolism. ACER-001 is a reformulation of sodium phenylbutyrate (NaPBA) while Acer is repurposing celiprolol, a unique beta-blocker for the treatment of vEDS.

Who are the top competitors of Acer Therapeutics?

Acer Therapeutics's top competitors include Alnylam, BioMarin Pharmaceutical and Pharvaris.

What products or services does Acer Therapeutics offer?

Acer Therapeutics offers OLPRUVA, EDSIVO, and Investigational Lifecycle Opportunities.

How many acquisitions has Acer Therapeutics made?

Acer Therapeutics has made 1 acquisition, including Opexa Therapeutics.

Who are Acer Therapeutics's investors?

Acer Therapeutics has 2 investors. Key investors include Zevra, and TVM Capital Life Science.

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