Companies · Biotechnology

Protox Therapeutics Inc

Vancouver · Biotechnology

Diligence memoA one-page analyst read on Protox Therapeutics Inc — recommendation, valuation, rhythm, risks.
$59.7M
Total raised · real
2
Rounds
0.0×
Latest step-up
Top 17%
Sector rank · raised
Series C
Latest stage · inferred · Tue Mar 16 2010 00:00:00 GMT+0000 (Coordinated Universal Time)

Protox Therapeutics Inc looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.01× the median modeled value of Series C Biotechnology companies in 2010–2012 (19 peers) — value vs value, same stage and era.
Dormant
  • Last raise 16.3 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Biotechnology

Protox Therapeutics Inc is one of 4293 Biotechnology companies tracked from Vancouver. By capital raised it ranks in the upper tier (ahead of 84% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries C · Raised $59M (real) Modeled valuation $247M (est)$59M$247MSeries CPre-Seed · 2010-03-16 Raised $226K (real) Modeled valuation $12M (est)$226K$12MPre-Seed2010+$226KCumulative $60M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$59.4M
Bridge · Series C-stage$226K · 2010smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$12.5M
Base estimate est.
$121K
Conservative case
$141.7M
Upside case
$1.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Series C · modeled $247.2M · Pre-Seed · modeled $12.5M · 2010-03-162010
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
24%
Survival probability
10% low · 44% high
1.86×/yr
Annual markup
2.52×/yr upside case
6.0 yr
Elapsed time used
16.3 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
482 mo
Avg between rounds
$1.5M/yr
Capital velocity
56.5 yr
On record since
1970
First round
2
Rounds on file
How it compares to the market

Benchmarked against 4293 companies in Biotechnology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 8.3× above median
This company$59.7M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.0× of median
This company$226K
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$12.5M
Sector median$64.2M

Raised more than 84% of sector peers (real $). Modeled value above 21% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #19 of 19.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Insmed Inc · Series C Raised $83.7M · modeled $3.4B (est)Infinity Pharmaceuticals, Inc. · Series C Raised $78.5M · modeled $3.2B (est)Ultragenyx Pharmaceutical Inc. · Series C Raised $108.8M · modeled $3.1B (est)Relypsa Inc · Series C Raised $292.3M · modeled $2.7B (est)Knopp Neurosciences Inc. · Series C Raised $72.9M · modeled $2.5B (est)Nevro Corp · Series C Raised $78.6M · modeled $2.4B (est)Foundation Medicine, Inc. · Series C Raised $115.5M · modeled $2.3B (est)Puma Biotechnology, Inc. · Series C Raised $55.0M · modeled $2.3B (est)Aria Diagnostics, Inc. · Series C Raised $65.2M · modeled $2.2B (est)IntegenX Inc · Series C Raised $133.9M · modeled $2.0B (est)SARcode Corp · Series C Raised $99.6M · modeled $1.8B (est)Selexys Pharmaceuticals Corp · Series C Raised $89.1M · modeled $1.8B (est)Protox Therapeutics Inc (this company) Raised $59.7M · modeled $12.5M (est)Protox Therapeutics Inc
CompanyStageRaised · realValue · estvs peer med.
Insmed IncSeries C$83.7M$3.4B1.71×
Infinity Pharmaceuticals, Inc.Series C$78.5M$3.2B1.61×
Ultragenyx Pharmaceutical Inc.Series C$108.8M$3.1B1.54×
Relypsa IncSeries C$292.3M$2.7B1.33×
Knopp Neurosciences Inc.Series C$72.9M$2.5B1.23×
Nevro CorpSeries C$78.6M$2.4B1.20×
Foundation Medicine, Inc.Series C$115.5M$2.3B1.15×
Puma Biotechnology, Inc.Series C$55.0M$2.3B1.13×
Aria Diagnostics, Inc.Series C$65.2M$2.2B1.08×
IntegenX IncSeries C$133.9M$2.0B1.00×
SARcode CorpSeries C$99.6M$1.8B0.89×
Selexys Pharmaceuticals CorpSeries C$89.1M$1.8B0.88×
Protox Therapeutics Inc this companySeries C$59.7M$12.5M0.01×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$226K2010-03-16$1.3M$12.5M90%
Series C$59.4M$396.2M$247.2M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$226K2010-03-16
    • First recorded raise — entered as Pre-Seed.
Intelligence
2050 ~Q2
Modeled next raise · ~482mo cadence
$226K
Modeled next size est.range $226K$362K
0.0×
Last step-up
$1.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
James Miller7 other2010-03
Avtar Dhillon3 other2010-03
Jim Heppell3 other2010-03
FAHAR MERCHANT2 other2010-03
John Parkinson2 other2010-03
Alexander Giaquinto2010-03
Frank Holler2010-03
Jack Geltosky2010-03
Nina Merchant2010-03
Samuel Denmeade2010-03
Tom D'Orazio2010-03
Registry & provenance

Protox Therapeutics Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1384825
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Claris Biotherapeutics, Inc.BiotechnologySeries C$60.1M$13.0Msame sector · same stage
Angiocrine Bioscience, Inc.BiotechnologySeries C$64.2M$12.1Msame sector · same stage
Clover Biopharmaceuticals, Ltd.BiotechnologySeries C$49.8M$8.9Msame sector · same stage
NanoMosaic Inc.BiotechnologySeries C$44.8M$16.0Msame sector · same stage
Arch Therapeutics, Inc.BiotechnologySeries A$26.0M$58.0Mnetwork1 shared operator · same sector
Medicenna Therapeutics Corp.BiotechnologySeries A$23.8M$82.9Mnetwork1 shared operator · same sector
Polatis IncOtherSeries C$45.4M$46.3Mnetwork1 shared operator · same stage
American Pain Consortium Holdings, LLCOther Health CareSeries C$79.7M$763.5Mnetwork1 shared operator · same stage
Frequently asked
How much funding has Protox Therapeutics Inc raised?
Protox Therapeutics Inc has raised approximately $59.7M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Protox Therapeutics Inc's estimated valuation?
Provath's modeled valuation for Protox Therapeutics Inc is approximately $12.5M (modeled range $121K–$141.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Protox Therapeutics Inc at?
Protox Therapeutics Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Mar 16.
What does Protox Therapeutics Inc do and where is it based?
Protox Therapeutics Inc operates in the Biotechnology sector, based in Vancouver.
Explore related

See where Protox Therapeutics Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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