GPC Biotech AG
Type	Public Public company This is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...
Founded	August 1997
Location	Martinsried, Germany Martinsried Martinsried is a section of Planegg, a municipality neighboring Munich, Germany. Martinsried lies about 15 km southwest of Munich's city center.Martinsried is mostly known as the location of the Max Planck Institute of Biochemistry and the...
Key people	Bernd R. Seizinger, M.D., Ph. D. (CEO) Mirko Scherer, Ph. D. (CFO)
Industry Industry Industry refers to the production of an economic good or service within an economy.-Industrial sectors:There are four key industrial economic sectors: the primary sector, largely raw material extraction industries such as mining and farming; the secondary sector, involving refining, construction,...	Biotechnology Biotechnology Biotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bioproducts. Biotechnology also utilizes these products for manufacturing purpose...
Products Product (business) In general, the product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce, from the Latin prōdūce ' lead or bring forth'. Since 1575, the word "product" has referred to anything produced...	3 in Clinical or Pre-clinical development
Revenue Revenue In business, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. In many countries, such as the United Kingdom, revenue is referred to as turnover....	€12,649 (2004)
Website Website A website, also written as Web site, web site, or simply site, is a collection of related web pages containing images, videos or other digital assets. A website is hosted on at least one web server, accessible via a network such as the Internet or a private local area network through an Internet...	http://www.gpc-biotech.com/

GPC Biotech (also referred to as GPCbiotech and GPC-Biotech) is a German biopharmaceutical

Biopharmaceutical

Biopharmaceuticals are medical drugs produced using biotechnology. They include proteins , nucleic acids and living microorganisms like virus and bacteria where the virulence of viruses and bacteria is reduced by the process of attenuation, they can be used for therapeutic or in vivo diagnostic...

 company. The company's mission statement reads "... to discover, develop and commercialize new anticancer drugs."

Founded in 1997, the company was held privately until May 2000 when an initial public offering

Initial public offering

An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

 was made on the now defunct German Neuer Markt. Subsequent to the closing of the Neuer, GPC refinanced in June 2004 through a public stock offering and listed ADRs

American Depositary Receipt

An American depositary receipt is a negotiable security that represents the underlying securities of a non-U.S. company that trades in the US financial markets...

 on NASDAQ

NASDAQ

The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

.

In March 2000, the company acquired Mitotix, a United States biotechnology firm located in Cambridge, Massachusetts

Cambridge, Massachusetts

Cambridge is a city in Middlesex County, Massachusetts, United States, in the Greater Boston area. It was named in honor of the University of Cambridge in England, an important center of the Puritan theology embraced by the town's founders. Cambridge is home to two of the world's most prominent...

. This acquisition has led to the company having ~50% of its employees based in the United States and the remaining 50% in Germany. Further, the acquisition of Mitotix provided convenient proximity to GPC's long term and continuing collaboration with ALTANA Pharma AG and the ALTANA Research Institute, located in Waltham, Massachusetts

Waltham, Massachusetts

Waltham is a city in Middlesex County, Massachusetts, United States, was an early center for the labor movement, and major contributor to the American Industrial Revolution. The original home of the Boston Manufacturing Company, the city was a prototype for 19th century industrial city planning,...

.

In Nov 2009, Agennix AG acquire GPC Biotech.

Products

As of July 2005, the company does not have a marketed product, though it has three therapeutics in its drug discovery

Drug discovery

In the fields of medicine, biotechnology and pharmacology, drug discovery is the process by which drugs are discovered or designed.In the past most drugs have been discovered either by identifying the active ingredient from traditional remedies or by serendipitous discovery...

 pipeline as shown in the table below.

Therapeutic	Type	Phase	Indication
Satraplatin	platinum-based small molecule	Phase III Clinical trial Clinical trial Clinical trials are a set of procedures in medical research and drug development that are conducted to allow safety and efficacy data to be collected for health interventions...	Hormone-refractory prostate cancer
MAb 1D09C3	monoclonal antibody	Phase I Clinical trial Clinical trial Clinical trials are a set of procedures in medical research and drug development that are conducted to allow safety and efficacy data to be collected for health interventions...	relapsed/refractory B-cell lymphoma Lymphoma Lymphoma is a cancer in the lymphatic cells of the immune system. Typically, lymphomas present as a solid tumor of lymphoid cells. Treatment might involve chemotherapy and in some cases radiotherapy and/or bone marrow transplantation, and can be curable depending on the histology, type, and stage...
RGB-286199	small molecule	Pre-clinical development Pre-clinical development In drug development, pre-clinical development is a stage of research that begins before clinical trials can begin, and during which important feasibility, iterative testing and drug safety data is collected....	refractory cancer Cancer Cancer , known medically as a malignant neoplasm, is a large group of different diseases, all involving unregulated cell growth. In cancer, cells divide and grow uncontrollably, forming malignant tumors, and invade nearby parts of the body. The cancer may also spread to more distant parts of the...