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TargaZyme

Operating

TargaZyme, Inc

Biotech · Biotech · Carlsbad, CA · Founded 2005

Next frontier of cancer medicine

Post-money valuation ⓘ
$196.3M
As of Sep 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$1,628,884
Crowd $43K · Private $1.6M · 3 rounds since 2012
Latest share price
$6.62
Reg CF · Common Stock · May 2022 offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$0
−$2.5M
2020
$0
−$2.4M
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
-$2,483,254
-$2,416,916
Taxes paid
$0
$0
Balance sheet
Cash
$19,562
$111,900
Accounts receivable
$0
$0
Total assets
$3,455,588
$3,174,319
Short-term debt
$7,336,075
$7,524,097
Long-term debt
$203,700
$441,014
Total liabilities
$7,539,775
$7,965,111
Other
Headcount
—
2

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$196.3M
pre-money
Reg CF · Common · May 2022

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$6.62$3.31$1.00
Jun 2012May 2022
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Raised $42.9K / $1.1MInvestors 81Post-money $196.3M

Team

8 people
Lynnet KohFounder
Executive Chairman, CEO, Founder

Lynnet Koh has extensive Senior and C-level executive experience in biotech, wireless, internet, consumer products’ industries with expertise in leading major new technology/product innovation, new product design, development and commercialization of cutting-edge technologies and products that became standards with multi-billion-dollar revenues. Ms. Koh has also led numerous financial transactions including raising over $200m for her various development-stage enterprises and completed nearly $600m in M&A (all cash deals) and licensing transactions.

Michael LemaireFounder
Director, Secretary

Experienced proven professional in marketing and real estate operations including day to day management and leasing/sales. Proven background in renovations and positioning of real estate to maximize value. Track record includes multi-family, office, retail, industrial and specialty properties.

Thomas (Tom) H. Bliss, Jr.
Director and Chief Financial Officer
Dr. Audrey F. Jakubowski, PhD
Director of Regulatory Affairs (Consultant)

Dr. Jakubowski is a highly experienced Regulatory Affairs executive with over 35 years managing the regulation of medicines and experience at large and small companies alike. Dr. Jakubowski is particularly familiar with the regulatory requirements related to novel medicines and high, unmet medical needs which explains her attraction to and interest in working with TargaZyme.

Dr. Reid Bissonnette, PhD
Director of Immuno-Oncology (Consultant)

PhD oncology drug discovery scientist and senior manager with more than 25 years experience in research and development, from discovery to registration, and with extensive experience in oncology, inflammation, apoptosis, nuclear receptor biology, hematology and cytokine biology Specialties: - Oncology, Immunology (immuno-oncology), small molecule, protein/peptide, biologics, adoptive cell therapies, drug development - Strong hands-on laboratory experience assay development (yeah, I remember being a lab rat) - Translational research, mechanism of action, biomarker identification and validation, non clinical IND enabling. - Regulatory agency submissions (IND, NDA, Investigator’s Brochure) - Strong communication and presentation skills - Multidisciplinary team environment. - Managing PhD and non-PhD scientists, external academic collaborations and contract research organizations.

Dr. Richard Martin, PhD
Director of CMC (Consultant)

Experienced pharmaceutical executive with over 20 years of drug discovery and development experience. An excellent track record of bringing hits to leads and optimizing compounds into development candidates. Energetic leader with a proven track record to attract, lead, mentor and motivate a strong group of chemists. Directed many successful programs of which 4 compounds are currently in the clinic. Managed manufacturing, CMC and supply chain for Apricus'​ internal pipeline including clinical and commercial products. Involved in CMC and regulatory work for the approval of Apricus Biosciences' (NexMed) first drug Vitaros in Canada and Europe. Acting vice president of CMC and Head of Operations at Targazyme. Currently leading technical operations at Travere Therapeutics. Specialties: Medicinal, automation and analytical chemistry. Manufacturing, CMC and Supply Chain. Intellectual property and patent filings. Drug Discovery and development in the fields of inflammation, oncology, virology, cardiovascular and metabolic diseases. Project/Program management and collaboration with big Pharma Directing CROs and CMOs Formulation and DMPK

Dr. Ashok Srivastiva, MD, PhD
Medical Director (Contractor)

Developing the first class personalized immunotherapy, Antibody-Drug Conjugate therapy (HER2+, HER3+, triple negative metastatic breast cancer and other tumors) and oncolytic virus therapy for cancer. Leader in drug development, and executive leadership skills of pharmaceuticals. Leader in medical research, clinical development, clinical operations and medical affairs of cancer drug and commercialization. Trained at Walter Reed Army Institute of Research and Walter Reed Army Medical Center, Washington, DC, USA, NCI, Bethesda, MD, & School of Medicine Nagasaki University, Japan. Leader in Oncology phase 1-4 drug development; first-in-human, and full development of solid tumors, leukemias and lymphomas; immuno-oncology, cell therapy, oncolytic virus therapy, chemotherapy and commercialization. Experienced Executive working in start-up and large pharma, INDs and NDAs submissions to US FDA, EU and Japan. • Expert in global drug safety, pharmacovigilance of pre- and post-marketed products. • Experience in viral RNA vaccine clinical trials and safety monitoring • Experienced in regulatory; FDA, EMA, DCGI, MHLW, support FDA CRLs questions

Alan Lewis
Director

Experienced Chairman with a demonstrated history of working in the biotechnology industry. Skilled in Translational Research, Biomarkers, Protein Chemistry, Medical Devices, and Vaccines. Strong entrepreneurship professional graduated from Yale University School of Medicine.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 4 annual reports (FY2022–FY2025)

Missing: 2022, 2023, 2024, 2025

81 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-USep 23, 20220001665160-22-002471
    EDGAR
  • Form C/AAug 18, 20220001665160-22-002236
    EDGAR
  • Form C/AJun 28, 20220001665160-22-001907
    EDGAR
  • Form CMay 20, 20220001665160-22-001685
    EDGAR
Source: ManualCIK 0001929815CAShare price $6.62

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.