Acer Therapeutics

company

About

Acer Therapeutics focuses on the acquisition, development, and commercialization of therapies for patients with serious rare diseases.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$1.50M
Industries
Biotechnology,Medical,Pharmaceutical,Therapeutics
Founded date
Jan 1, 2013
Number Of Employee
11 - 50
Operating Status
Active
Stock Symbol
nasdaq:ACER
Legal Name
Acer Therapeutics Inc.

Acer Therapeutics is a pharmaceutical company that focuses on the acquisition, development, and commercialization of therapies for serious, rare, and life-threatening diseases with unmet medical needs. Its pipeline includes four clinical-stage candidates: emetine hydrochloride for the treatment of patients with COVID-19; ACER-001 (a taste-masked, immediate-release formulation of sodium phenylbutyrate), for the treatment of various inborn errors of metabolism, including urea cycle disorders (UCDs) and Maple Syrup Urine Disease (MSUD); EDSIVO (celiprolol), for the treatment of vascular Ehlers-Danlos syndrome (vEDS) in patients with a confirmed type III collagen (COL3A1) mutation; and osanetant, for the treatment of induced Vasomotor Symptoms (iVMS).

The company was founded in 2013 and is headquartered in Newton, Massachusetts.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$75.94M
Acer Therapeutics has raised a total of $75.94M in funding over 2 rounds. Their latest funding was raised on Nov 30, 2022 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 30, 2022 Post-IPO Equity $1.50M Detail
Mar 7, 2022 Post-IPO Debt $48.50M 2 Detail
Sep 19, 2017 Post-IPO Equity $15.70M 1 TVM Capital Life Science Detail
Sep 19, 2017 IPO Detail
May 6, 2016 Post-IPO Equity $8.14M 1 TVM Capital Life Science Detail

Investors

Number of Lead Investors
Number of Investors
2
3
Acer Therapeutics is funded by 3 investors. TVM Capital Life Science and Marathon Asset Management are the most recent investors.
Investor Name Lead Investor Funding Round
TVM Capital Life Science Yes Post-IPO Equity
Marathon Asset Management Post-IPO Debt
SWK Holdings Post-IPO Debt

Employee Profiles

Number of Employee Profiles
9
Acer Therapeutics has 9 current employee profiles, including Executive Chris Schelling
Executive
Board member
Board member
Board member
Executive

Acquisition

Acer Therapeutics has acquired 1 organizations. Their most recent acquisition was Opexa Therapeutics on Sep 19, 2017. They acquired Opexa Therapeutics for 0.

Date Company Name
Industry Acquisition Type Price
Biotechnology merge Detail