Proprius Pharmaceuticals propriuspharma.com


Public lists: Pharma Startups (4732)

Cypress Bioscience, Inc. (NASDAQ: CYPB) and Proprius Pharmaceuticals, Inc., a privately held, San Diego-based specialty pharmaceutical company, today announced that Cypress will acquire Proprius in a transaction that includes an upfront payment of $37.5 million in cash as well as an additional $37.5 million in potential milestone-related payments associated with the development of Proprius' therapeutic candidates.

Cypress Bioscience, Inc. (NASDAQ: CYPB) and Proprius Pharmaceuticals, Inc., a privately held, San Diego-based specialty pharmaceutical company, today announced that Cypress will acquire Proprius in a transaction that includes an upfront payment of $3...Show all

Company (Acquired)

Phone: 858-436-1816

Fax:

12264 El Camino Real
Suite 300
San Diego, 92130
California, United States

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Total Funding Date of Last Funding
Proprius Pharmaceuticals $11M Mar 6, 2008
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Investors

Investor Investor Type Location Participating Rounds
Atlas VentureVenture CapitalCambridge, Massachusetts, United StatesSeries A
Forward VenturesVenture CapitalSan Diego, California, United StatesSeries A
Fog City FundPrivate EquitySan Francisco, California, United StatesSeries A
Windamere Venture PartnersVenture CapitalLa Jolla, California, United StatesSeries A
CDIB BioScience Venture ManagementVenture CapitalSan Diego, California, United StatesSeries A
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Competitors

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Patents

Title Application Date Patent Date Status
(Patent / Application)