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History
Date |
Event |
April, 2003 |
Company Founded as Maryland Biotherapeutics (MBTI), Robert Ting, Ph.D., named President |
March, 2004 |
Executed license with UMBI for Transition-State Vaccine (TSV) and Genetic Adjuvant technology |
May, 2004 |
MBTI renamed Profectus BioSciences, Inc. |
November, 2004 |
$2.3M in seed money raised (convertible debt) |
January, 2005 |
Operations commenced |
April, 2005 |
Option agreement signed between Profectus BioSciences and Wyeth to evaluate TSV technology ($5.3 million) |
July, 2005 |
Executed license with UMB and UMBI for AIM Therapy Technology |
August, 2005 |
First NIH RO1 grant awarded for TSV technology ($350,000) |
September, 2005 |
Profectus names Joe Berardino as CEO. |
November, 2005 |
Material Transfer Agreement signed with Leading Veterinary Company for Genetic Adjuvant technology for veterinary applications e.g. Avian Flu, Rabies, etc. |
January, 2006 |
CRADA signed with NCI for Antiviral MAbs |
March, 2006 |
Profectus honored with Incubator Company of the Year Award (MD) |
April, 2006 |
$5.3M Series A round (including conversion of convertible debt) |
October, 2006 |
First Maryland Industrial Partnership (MIPS) grant awarded ($200,000) for AIM Therapy |
| January, 2007 |
Second MIPS grant awarded ($100,000) for Genetic Adjuvant technology |
| March, 2007 |
Profectus honored as the Best Academic/ Industry Collaboration Award by the Greater Baltimore Committee. |
| June, 2007 |
$3M Private Placement of Convertible Notes and Warrants |
| June, 2007 |
First NIH Phase 1 SBIR grant awarded for Genetic Adjuvant technology ($300,000) |
| July, 2007 |
Second NIH Phase 1 SBIR grant awarded for AIM Therapy technology ($200,000) |
| January, 2008 |
Profectus names Shawn Patrick O'Brien as President, CEO. |
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