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Callidus Biopharma Announces $4.6 million in Series A Financing to Pursue Orphan Disease Therapies
Date:5/14/2013

ogenicity, and greater convenience. The company's lead program is for Pompe Disease, and Callidus is also applying its proprietary IGF-2 technology to other LSDs to improve drug targeting and efficacy. Additionally, the company has created a more stable enzyme which has the potential to be a superior ERT for Gaucher Disease. Callidus intends to demonstrate proof-of-concept in each of its programs and to partner with larger companies to commercialize the resulting therapeutic products. In conjunction with its therapeutic discoveries, Callidus has also developed a proprietary protein expression technology that can increase by as much as a factor of ten the yield of secreted protein production processes crucial to biologics manufacture.

About Walter Greenblatt & Associates

Walter Greenblatt & Associates, Member FINRA, SIPC, (www.wgreenblatt.com) is a life-science focused investment bank working with early stage companies around the world to raise the initial rounds of capital they need to advance their therapeutics, devices, diagnostics, healthcare IT or pharmaceutical services.  This early capital enables client companies to achieve key milestones such as demonstrating initial proof-of-concept and then progressing to other key early value inflection points and into the clinic or onto the market, positioning them for liquidity events and creating value for founders, investors and strategic partners.

Contacts

Callidus Biopharma, Inc.
Hung Do, Chief Scientific Officer
hung@callidusbiopharma.com
www.callidusbiopharma.com

Walter Greenblatt & Associates
Member FINRA, SIPC
Walter Greenblatt , Managing Director
609 497 1282

SOURCE Walter Greenblatt & Associates
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