About Salmedix
Salmedix is a company based in San Diego (United States) founded in 2000 was acquired by Cephalon in May 2005.. Salmedix has raised $72.5 million across 3 funding rounds from investors including ARE, Orbimed and Cephalon. Salmedix operates in a competitive market with competitors including Adicet Bio, Orca Bio, Ossium Health, Auron Therapeutics and Nordic Nanovector, among others.
- Headquarter San Diego, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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Funding Insights of Salmedix
Salmedix has successfully raised a total of $72.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $45 million completed in October 2005. 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 Funding
- Total Rounds 3
- Last Round Series C — $45.0M
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First Round
First Round
(19 Jun 2002)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2005 | Amount | Series C - Salmedix | Valuation |
investors |
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| Jun, 2004 | Amount | Series C - Salmedix | Valuation |
investors |
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| Jun, 2002 | Amount | Series B - Salmedix | Valuation | Garywoitzik , Delphi Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Salmedix
Salmedix has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include ARE, Orbimed and Cephalon. 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.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
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Early-stage investing in IT and healthcare ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Salmedix
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Salmedix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Salmedix Comparisons
Competitors of Salmedix
Salmedix 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 Adicet Bio, Orca Bio, Ossium Health, Auron Therapeutics and Nordic Nanovector, 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 |
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| domain | founded_year | HQ Location |
Immune cell therapies for cancer treatment are developed.
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Developer of Allogeneic cell therapy for cancer, autoimmune diseases and genetic blood disorders
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| domain | founded_year | HQ Location |
Ossium Health is focused on bioengineering for improved health.
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Developer of cancer therapeutics for the treatment of blood cancer
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| domain | founded_year | HQ Location |
Antibody radionuclide conjugates are developed for haematological cancers.
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Monoclonal antibody therapies for pediatric leukemia are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Salmedix
When was Salmedix founded?
Salmedix was founded in 2000 and raised its 1st funding round 2 years after it was founded.
Where is Salmedix located?
Salmedix is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Salmedix a funded company?
Salmedix is a funded company, having raised a total of $72.5M across 3 funding rounds to date. The company's 1st funding round was a Series B of $27.5M, raised on Jun 19, 2002.
What does Salmedix do?
Salmedix was founded in 2000 and is based in San Diego, United States. Operations are conducted in the biotechnology sector, where compounds for treating hematologic cancers are developed. Prior human clinical data is leveraged in these compounds to enable a shorter and less costly development timeline. The lead pipeline product, SDX-105, is targeted at non-Hodgkins lymphoma.
Who are the top competitors of Salmedix?
Salmedix's top competitors include Orca Bio, Ossium Health and Adicet Bio.
Who are Salmedix's investors?
Salmedix has 19 investors. Key investors include ARE, Orbimed, Cephalon, Bemberg Capital, and H.I.G. Capital.