CTI BioPharma

Seattle, United States Founded: 1991 • Age: 35 yrs Acquired By Swedish Orphan Biovitrum
Targeted small molecule therapeutics for blood cancers are developed.

About CTI BioPharma

CTI BioPharma is a company based in Seattle (United States) founded in 1991 was acquired by Swedish Orphan Biovitrum in May 2023.. The company has 25 employees as of December 31, 2022. CTI BioPharma has completed 1 acquisition, including Zhejiang Novus Pharmaceuticals. CTI BioPharma offers products and services including Haematology Treatments, Immunology Treatments, and Specialty Care Medicines. CTI BioPharma operates in a competitive market with competitors including BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, among others.

  • Headquarter Seattle, United States
  • Employees 25 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cti Biopharma Corp
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
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Products & Services of CTI BioPharma

CTI BioPharma offers a comprehensive portfolio of products and services, including Haematology Treatments, Immunology Treatments, and Specialty Care Medicines. 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

Medicines for blood-related rare diseases

Innovative therapies for rare immunological conditions

Products for inflammation and genetic diseases

People of CTI BioPharma
Headcount 200-500
Employee Profiles 20
Board Members and Advisors 4
Employee Profiles
People
Adam R. Craig
President, CEO & Interim Chief Medical Officer
People
James K. Fong
SVP, Commercial Operations
People
Tom Blackwell
Vice President, Information Technology
People
Lisa Maggio
Sr Medical Science Liaison

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Funding Insights of CTI BioPharma

  • Total Funding
  • Total Rounds 7
  • Last Round Post-IPO — $45.0M
  • First Round

    (15 Jan 2010)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2017 Amount Post-IPO - CTI BioPharma Valuation

investors

Dec, 2013 Amount Debt – Venture - CTI BioPharma Valuation

investors

Jan, 2011 Amount Post-IPO - CTI BioPharma 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 CTI BioPharma

CTI BioPharma has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Swedish Orphan Biovitrum, Hercules Capital and Orbimed. 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
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
Founded Year Domain Location
Venture debt financing is provided to companies in multiple sectors.
Founded Year Domain Location
Developer of therapies for rare diseases like Haemophilia, Inflammation, and Genetic diseases
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 CTI BioPharma

CTI BioPharma has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zhejiang Novus Pharmaceuticals. 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
Generic drugs, APIs, and dietary supplements are developed and manufactured.
2015
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 - CTI BioPharma

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

Cti Biopharma Comparisons

Employees
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Competitors of CTI BioPharma

CTI BioPharma 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 BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, 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
Therapeutics for genetic diseases are developed through targeted interventions.
domain founded_year HQ Location
Gene therapies for rare diseases including retinal dystrophies are developed.
domain founded_year HQ Location
RNA interference-based therapeutics are developed for multiple disorders.
domain founded_year HQ Location
A biopharmaceutical company accelerating innovative mental health treatments.
domain founded_year HQ Location
An AI-enabled platform is developed for infectious disease treatment.
domain founded_year HQ Location
Therapeutics for rare and ultra-rare metabolic diseases are developed.
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 Cti Biopharma

Frequently Asked Questions about CTI BioPharma

When was CTI BioPharma founded?

CTI BioPharma was founded in 1991 and raised its 1st funding round 19 years after it was founded.

Where is CTI BioPharma located?

CTI BioPharma is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

How many employees does CTI BioPharma have?

As of Dec 31, 2022, the latest employee count at CTI BioPharma is 25.

What does CTI BioPharma do?

Developer of targeted small molecule therapeutics for blood cancer. Their flagship product Pixantrone was granted conditional marketing approval in the EU, as a monotherapy for the treatment of adult patients with multiply relapsed or refractory aggressive B-cell non-Hodgkin lymphomas. Other drugs in the pipeline are Pacritinib (myelofibrosis and relapsed acute myeloid leukemia), Tosedostat (relapsed acute myeloid leukemia and myelodysplastic syndrome), and Paclitaxel poliglumex (ovarian cancer).

Who are the top competitors of CTI BioPharma?

CTI BioPharma's top competitors include Spark Therapeutics, BridgeBio and Forge Biologics.

What products or services does CTI BioPharma offer?

CTI BioPharma offers Haematology Treatments, Immunology Treatments, and Specialty Care Medicines.

How many acquisitions has CTI BioPharma made?

CTI BioPharma has made 1 acquisition, including Zhejiang Novus Pharmaceuticals.

Who are CTI BioPharma's investors?

CTI BioPharma has 3 investors. Key investors include Swedish Orphan Biovitrum, Hercules Capital, and Orbimed.

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