Company Profile

Archemix Corporation
Profile last edited on: 3/13/2019      CAGE: 1YCN5      UEI: G36PUHL9BCD7

Business Identifier: Aptamer therapeutics for rare hematological diseases
Year Founded
2001
First Award
2002
Latest Award
2003
Program Status
Inactive (Acquired)
Popularity Index
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Location Information

300 Third Street
Cambridge, MA 02142
   (617) 621-7700
   N/A
   www.archemix.com
Location: Single
Congr. District: 07
County: Middlesex

Public Profile

In mid November 2008, in common with many other firms that year, Archemix had filed - but had been unable to get to - IPO. The firm opted instead to merge with the publicly traded NitroMed. In January 2009, NitroMed entered into a merger agreement to be acquired by affiliates of Deerfield Management, a leading healthcare investment organization. Prior to entering into that merger agreement, NitroMed terminated its previously announced merger agreement with Archemix Corporation paying a $1.5 million fee to Archemix. Despite a wealth of working relationships with major players across the industry, the firm went into liquidation mode including selling its Hemophilia assets to Baxter

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
25-49
Revenue Range
2.5M-5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
15-19

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2003 2 NIH $737,770
Project Title: Molecular Profiling Array for Cancer Specific Proteins

Key People / Management

  Kenneth Bate -- President

  Errol DeSouza -- President and CEO

  David Epstein -- VP Biology

  John Harre -- Corporate Patent Counsel

  Jane Sheng -- VP Finance

  Martin Stanton -- EVP Corporate Development

  Charles Wilson -- Chief Technology Officer