ArQule

company

About

ArQule, Inc. is a clinical-stage biotechnology company engaged in the research and development of cancer therapeutics. The Company employs

  • Woburn,Massachusetts,United States
  • 11 - 50

Details

Last Funding Type
Post-IPO Equity
Industries
Biotechnology,Pharmaceutical,Therapeutics
Founded date
Jan 1, 1993
Number Of Employee
11 - 50
Operating Status
Active
Stock Symbol
nasdaq:ARQL
Legal Name
ArQule, Inc.

ArQule, Inc. is a clinical-stage biotechnology company engaged in the research and development of cancer therapeutics. The Company employs technologies, such as its ArQule Kinase Inhibitor Platform (AKIP) to design and develop drugs. The Company's product is ARQ 197, an orally administered inhibitor of the c-Met receptor tyrosine kinase. ARQ 197 is being evaluated as monotherapy and in combination therapy in a Phase II clinical development program that includes trials in Microphthalmia Transcription Factor (MiT) associated tumors, non-small cell lung cancer (NSCLC), pancreatic adenocarcinoma and hepatocellular carcinoma (HCC). The Company has licensed commercial rights to ARQ 197 for human cancer indications to Daiichi Sankyo Co., Ltd. (Daiichi Sankyo) in the United States, Europe, South America and the rest of the world, excluding Japan and certain other Asian countries, where it has licensed commercial rights to Kyowa Hakko Kirin Co., Ltd. (Kyowa Hakko Kirin).

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$9.50M
ArQule has raised a total of $9.50M in funding over 2 rounds. Their latest funding was raised on Nov 8, 2017 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 8, 2017 Post-IPO Equity $9.50M 1 Detail
Jan 19, 2011 Post-IPO Equity Detail
Oct 25, 1996 IPO Detail
Jan 1, 1994 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
ArQule is funded by 2 investors. Pontifax and Atlas Venture are the most recent investors.
Investor Name Lead Investor Funding Round
Pontifax Post-IPO Equity
Atlas Venture Seed

Employee Profiles

Number of Employee Profiles
1
ArQule has 1 current employee profiles, including Executive Peter S. Lawrence
Executive

Acquisition

ArQule has acquired 2 organizations. Their most recent acquisition was Camitro on Jan 22, 2001. They acquired Camitro for $106.20M.

Date Company Name
Industry Acquisition Type Price
Jan 22, 2001 Camitro
Biotechnology acquisition $ 106.20M Detail
Biotechnology acquisition $ 25M Detail