ProChon Biotech

Rehovot, Israel Founded: 1996 • Age: 30 yrs Acquired By Histogenics
Regenerative biology products for cartilage lesions are developed and commercialized.
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About ProChon Biotech

ProChon Biotech is a company based in Rehovot (Israel) founded in 1996 was acquired by Histogenics in May 2011.. ProChon Biotech operates in a competitive market with competitors including Horizon Therapeutics, Ensoma, Tenaya Therapeutics, Orca Bio and Athira Pharma, among others.

  • Headquarter Rehovot, Israel
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $3.95 M (USD), Debt – Convertible

    Jan 20, 2010

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Histogenics

    (May 16, 2011)

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Funding Insights of ProChon Biotech

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Convertible — $4.0M
  • First Round

    (20 Jan 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2010 Amount Debt – Convertible - ProChon Biotech 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

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Investors in ProChon Biotech

ProChon Biotech has secured backing from 1 investor. Prominent investors backing the company include Histogenics. 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
Investor Description Founded Year Domain Location
Restorative cell therapies for orthopedic diseases are developed.
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 ProChon Biotech

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

Financial Statements - ProChon Biotech

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

Prochon Biotech Comparisons

Employees
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Competitors of ProChon Biotech

ProChon Biotech 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 Horizon Therapeutics, Ensoma, Tenaya Therapeutics, Orca Bio and Athira Pharma, 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
Developer of drugs for treating rare and autoimmune diseases
domain founded_year HQ Location
Provider of in vivo stem cell modification technologies and vector-based drug delivery tool
domain founded_year HQ Location
Regenerative and gene therapeutics for heart failure are developed.
domain founded_year HQ Location
Developer of Allogeneic cell therapy for cancer, autoimmune diseases and genetic blood disorders
domain founded_year HQ Location
Neurodegenerative disease therapeutics, including for Alzheimer’s and Parkinson’s, are developed.
domain founded_year HQ Location
Restorative cell therapies for orthopedic 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 Prochon Biotech

Frequently Asked Questions about ProChon Biotech

When was ProChon Biotech founded?

ProChon Biotech was founded in 1996 and raised its 1st funding round 14 years after it was founded.

Where is ProChon Biotech located?

ProChon Biotech is headquartered in Rehovot, Israel. It is registered at Rehovot, Central District, Israel.

What does ProChon Biotech do?

ProChon Biotech develops and commercializes regenerative biology-based products for acute and chronic articular cartilage focal lesions. The company focuses on modulating the fibroblast growth factor system to enable it to create solutions for tissue regeneration. It offers orthobiologic therapeutic solutions, including BioCart Autologous Cartilage Regeneration system, a solution for the restoration of articular cartilage lesions that results in the regeneration of hyaline-like tissue. It was acquired by Histogenics in May, 2011.

Who are the top competitors of ProChon Biotech?

ProChon Biotech's top competitors include Horizon Therapeutics, Tenaya Therapeutics and Athira Pharma.

Who are ProChon Biotech's investors?

ProChon Biotech has 1 investor. Key investors include Histogenics.

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