RQX Pharmaceuticals

San Diego, United States Founded: 2010 • Age: 16 yrs Acquired By Genentech
Novel antibiotics for community and hospital infections are developed.
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About RQX Pharmaceuticals

RQX Pharmaceuticals is a company based in San Diego (United States) founded in 2010 was acquired by Genentech in February 2013.. RQX Pharmaceuticals has raised $1.19 million across 1 funding round from investors including Genentech and Avalon Ventures. RQX Pharmaceuticals operates in a competitive market with competitors including Spero Therapeutics, Nabriva, Melinta Therapeutics, Iterum Therapeutics and Adaptive Phage Therapeutics, among others.

  • Headquarter San Diego, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.19 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.19 M (USD), Seed

    Feb 16, 2011

  • Investors
    Genentech

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Genentech

    (Feb 12, 2013)

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Funding Insights of RQX Pharmaceuticals

RQX Pharmaceuticals has successfully raised a total of $1.19M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.19 million completed in February 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $1.2M
  • First Round

    (16 Feb 2011)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2011 Amount Seed - RQX Pharmaceuticals Valuation Avalon Ventures
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 RQX Pharmaceuticals

RQX Pharmaceuticals has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Genentech and Avalon Ventures. 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
Institutional
Investor Description Founded Year Domain Location
Seed and early-stage venture capital is provided to US companies.
Founded Year Domain Location
R&D company focused on manufacturing drugs for multiple therapeutic areas
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 RQX Pharmaceuticals

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 - RQX Pharmaceuticals

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

Rqx Pharmaceuticals Comparisons

Employees
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Competitors of RQX Pharmaceuticals

RQX Pharmaceuticals 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 Spero Therapeutics, Nabriva, Melinta Therapeutics, Iterum Therapeutics and Adaptive Phage Therapeutics, 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 drug-resistant bacterial infections are developed.
domain founded_year HQ Location
Pleuromutilin antibiotics are developed for MDR infections.
domain founded_year HQ Location
Developer of bacterial ribosome-targeting drugs for MDR infections
domain founded_year HQ Location
Developer of antibiotics for MDR infections
domain founded_year HQ Location
Therapies for multi-drug resistant infections are developed using bacteriophages.
domain founded_year HQ Location
Pharmaceuticals for acute care bacterial infections are developed and commercialized.
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 Rqx Pharmaceuticals

Frequently Asked Questions about RQX Pharmaceuticals

When was RQX Pharmaceuticals founded?

RQX Pharmaceuticals was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is RQX Pharmaceuticals located?

RQX Pharmaceuticals is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Is RQX Pharmaceuticals a funded company?

RQX Pharmaceuticals is a funded company, having raised a total of $1.19M across 1 funding round to date. The company's 1st funding round was a Seed of $1.19M, raised on Feb 16, 2011.

What does RQX Pharmaceuticals do?

RQx Pharmaceuticals develops broad-spectrum antibiotics. Focused on a novel molecular target for which no antibiotic has been developed. Additionally, the company has generated proprietary molecules based on a novel chemical scaffold. The companys initial products focussed on community and hospital-associated infections, including those from gram-negative bacteria. Was founded based on discoveries in Floyd Romesbergs lab at The Scripps Research Institute in La Jolla, CA. Genentech signed 111 million deal with the company to discover and develop compounds against an undisclosed target. RQx is a portfolio company of Avalon Ventures and also received investments from COI Pharmaceuticals.

Who are the top competitors of RQX Pharmaceuticals?

RQX Pharmaceuticals's top competitors include Spero Therapeutics, Melinta Therapeutics and Vedanta Biosciences.

Who are RQX Pharmaceuticals's investors?

RQX Pharmaceuticals has 2 investors. Key investors include Genentech, and Avalon Ventures.

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