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Founded Year

1999

Stage

Acquired | Acquired

Total Raised

$122.02M

Valuation

$0000 

About Avalon Pharmaceuticals

Avalon Pharmaceuticals utilizes the AvalonRx Drug Discovery Engine which uses RNAi gene disruption signatures for the isolation of drugs against previously "intractable" targets. The Engine monitors changes in gene expression which in turn aims to provide a strongly predictive foundation for identifying better medicines. Per the company, Avalon's oncology pipeline currently has multiple products with mechanisms of action and also against targets previously considered "intractable".

Avalon Pharmaceuticals Headquarter Location

20358 Seneca Meadows Parkway

Germantown, Maryland, 20876,

United States

301-556-9900

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Expert Collections containing Avalon Pharmaceuticals

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Avalon Pharmaceuticals is included in 1 Expert Collection, including Cancer.

C

Cancer

1,179 items

Pharmaceutical and biotechnology companies with cancer therapy drug candidates.

Latest Avalon Pharmaceuticals News

Clinical Data Completes Acquisition of Avalon Pharmaceuticals

Jun 16, 2017

May 28, 2009 04:06 PM Eastern Daylight Time NEWTON, Mass.--( BUSINESS WIRE )--Clinical Data, Inc. (Nasdaq: CLDA) today announced the completion of its acquisition of Avalon Pharmaceuticals, Inc. Clinical Data acquired Avalon through an all-stock transaction valued at approximately $10 million, based upon the 15-day volume weighted average price of $12.49 for Clinical Data’s common stock through Monday, October 27, 2008, the date of the definitive merger agreement. As a result of the acquisition, the common stock of Avalon ceased trading at market close on May 28, 2009. As part of the acquisition, former Avalon stockholders will receive 0.0470 of a share of Clinical Data common stock and a contingent value right (CVR) in exchange for each share of Avalon common stock held by them. Each CVR represents the right to receive up to an additional 0.01175 shares of Clinical Data common stock based on payments received by Avalon or its affiliates (including Clinical Data) under certain Avalon contracts. As a consequence of the receipt of a recent termination payment from Merck under these contracts, each CVR represents the right to receive at least 0.00940 of a share of Clinical Data common stock, payable after June 30, 2010. About Clinical Data, Inc. Clinical Data is a global biotechnology company unlocking the potential of genomic discovery, From Targeted Science to Better Healthcare®. The Company is utilizing its biomarker expertise and intellectual property to develop and commercialize targeted therapeutics, as well as genetic and pharmacogenomic tests to detect serious diseases and help predict drug safety, tolerability, and efficacy, thereby improving health while reducing costs. Clinical Data is leveraging advances in molecular discovery to provide tangible benefits for patients, healthcare professionals and payors worldwide. To learn more, please visit the Company's website at www.clda.com .

  • When was Avalon Pharmaceuticals founded?

    Avalon Pharmaceuticals was founded in 1999.

  • Where is Avalon Pharmaceuticals's headquarters?

    Avalon Pharmaceuticals's headquarters is located at 20358 Seneca Meadows Parkway, Germantown.

  • What is Avalon Pharmaceuticals's latest funding round?

    Avalon Pharmaceuticals's latest funding round is Acquired.

  • How much did Avalon Pharmaceuticals raise?

    Avalon Pharmaceuticals raised a total of $122.02M.

  • Who are the investors of Avalon Pharmaceuticals?

    Investors of Avalon Pharmaceuticals include Clinical Data, BVF Partners, Federated Mutual Insurance Company, Federated Investors, Federated Equity Funds - Federated Kaufmann Fund and 35 more.

  • Who are Avalon Pharmaceuticals's competitors?

    Competitors of Avalon Pharmaceuticals include LifeSensors, Melinta Therapeutics, BrightPath Biotherapeutics, Cellzome, LifeGen Technologies and 11 more.

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