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Stage:
Venture
Date of Investment:
2005, 2008
Web Site :
http://www.allos.com
Stock Symbol :
NASDAQ: ALTH
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Allos Therapeutics, Inc., based in Westminster, Colorado, is a pharmaceutical company focused on developing and commercializing small molecule drugs for the treatment of cancer. The Company’s lead drug, Folotyn, was approved in September 2009 as the first FDA-approved drug for the treatment of relapsed or refractory peripheral T-cell lymphoma, a rare cancer whose sufferers have a very poor prognosis. Allos continues to advance several additional clinical studies of Folotyn in a wide range of other cancer types.
Warburg Pincus led a private placement in Allos in 2005 and subsequently participated in a follow-on public offering in 2008. In 2006, Warburg Pincus and the board recruited a new CEO in Paul Berns, former CEO of Bone Care International which he sold to Genzyme for $600 million. Under Paul’s leadership, Allos has successfully developed and launched Folotyn.
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