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TargeGen was a private biopharmaceutical company based in San Diego, United States. The company specialized in the development of highly potent and selective small molecule kinase inhibitors targeting hematological malignancies and blood disorders. Their lead candidate was being developed for treating myeloproliferative diseases such as myelofibrosis and polycythemia vera. In 2010, Sanofi acquired TargeGen for $638M USD. Sanofi agreed to acquire TargeGen for $638M

Specialty

Hematological malignancy

Fund name

CTI LSF I

Position

Syndicate

Board

Observer

Investment Date

May 1, 2007

Exit Detail

TargeGen acquired by Sanofi for $638M USD

Initial Series Round

Series D

Investment Thesis

TargeGen's lead asset was being developed for myelofibrosis and polycythemia vera, conditions without approved therapies at the time

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June 30, 2010

Sanofi-Aventis to acquire TargeGen Inc., a US biopharmaceutical company

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July 12, 2007

TargeGen Inc. Closes $40.0M Series D Financing Round

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