Back to News & Events

DepYmed Announces $2 Million Series A

DepYMed Inc. has announced the completion of a Series ‘A’ Round of funding with TopSpin Fund, L.P. for a total of $2 million. At closing, $1 million was received by Depymed, and another $1 million will be provided pending the achievement of specific development milestones.

DepYmed, Inc., headed by a Center for Biotechnology BioEntrepreneur-in-Residence Andreas G. Grill, is a pharmaceutical company focused on phosphatase inhibition for multiple therapeutic applications. The company is currently conducting a phase 1 clinical trial of its lead compound, MSI-1436C (Trodusquemine), as a therapeutic candidate for HER2-positive breast cancer. DepYMed was founded through a joint venture between Ohr Pharmaceutical, Inc. and Cold Spring Harbor Laboratory. Read more about the financing here.

Related Stories

WP_Query Object
(
    [query] => Array
        (
            [post_type] => post
            [posts_per_page] => 3
            [post_status] => publish
            [orderby] => rand
        )

    [query_vars] => Array
        (
            [post_type] => post
            [posts_per_page] => 3
            [post_status] => publish
            [orderby] => rand
            [error] => 
            [m] => 
            [p] => 0
            [post_parent] => 
            [subpost] => 
            [subpost_id] => 
            [attachment] => 
            [attachment_id] => 0
            [name] => 
            [pagename] => 
            [page_id] => 0
            [second] => 
            [minute] => 
            [hour] => 
            [day] => 0
            [monthnum] => 0
            [year] => 0
            [w] => 0
            [category_name] => 
            [tag] => 
            [cat] => 
            [tag_id] => 
            [author] => 
            [author_name] => 
            [feed] => 
            [tb] => 
            [paged] => 0
            [meta_key] => 
            [meta_value] => 
            [preview] => 
            [s] => 
            [sentence] => 
            [title] => 
            [fields] => all
            [menu_order] => 
            [embed] => 
            [category__in] => Array
                (
                )

            [category__not_in] => Array
                (
                )

            [category__and] => Array
                (
                )

            [post__in] => Array
                (
                )

            [post__not_in] => Array
                (
                )

            [post_name__in] => Array
                (
                )

            [tag__in] => Array
                (
                )

            [tag__not_in] => Array
                (
                )

            [tag__and] => Array
                (
                )

            [tag_slug__in] => Array
                (
                )

            [tag_slug__and] => Array
                (
                )

            [post_parent__in] => Array
                (
                )

            [post_parent__not_in] => Array
                (
                )

            [author__in] => Array
                (
                )

            [author__not_in] => Array
                (
                )

            [search_columns] => Array
                (
                )

            [ignore_sticky_posts] => 
            [suppress_filters] => 
            [cache_results] => 1
            [update_post_term_cache] => 1
            [update_menu_item_cache] => 
            [lazy_load_term_meta] => 1
            [update_post_meta_cache] => 1
            [nopaging] => 
            [comments_per_page] => 50
            [no_found_rows] => 
            [order] => 
        )

    [tax_query] => WP_Tax_Query Object
        (
            [queries] => Array
                (
                )

            [relation] => AND
            [table_aliases:protected] => Array
                (
                )

            [queried_terms] => Array
                (
                )

            [primary_table] => wp_posts
            [primary_id_column] => ID
        )

    [meta_query] => WP_Meta_Query Object
        (
            [queries] => Array
                (
                )

            [relation] => 
            [meta_table] => 
            [meta_id_column] => 
            [primary_table] => 
            [primary_id_column] => 
            [table_aliases:protected] => Array
                (
                )

            [clauses:protected] => Array
                (
                )

            [has_or_relation:protected] => 
        )

    [date_query] => 
    [request] => SELECT SQL_CALC_FOUND_ROWS  wp_posts.ID
					 FROM wp_posts 
					 WHERE 1=1  AND wp_posts.post_type = 'post' AND ((wp_posts.post_status = 'publish'))
					 
					 ORDER BY RAND()
					 LIMIT 0, 3
    [posts] => Array
        (
            [0] => WP_Post Object
                (
                    [ID] => 3157
                    [post_author] => 3
                    [post_date] => 2019-02-25 20:01:55
                    [post_date_gmt] => 2019-02-25 20:01:55
                    [post_content] => Women life science entrepreneurs: Springboard Enterprises is now accepting application for the 2019 Health Innovation Hub: Life Sciences track.
Springboard’s Health Innovation Hub: Life Sciences 2019 is a year-long program for women-led seeking growth funding and expert connections to develop solutions in healthcare, including new drugs, diagnostics, pharma technologies, treatments for rare diseases, and medical devices. Those selected for the program will be matched with a personal advisory team of experts and invited to participate in several in-person and virtual sessions, workshops, and presentation opportunities.
Priority Deadline is March 1! Full information on the program can be found at sb.co/HIH
                    [post_title] => Application Open: Springboard Enterprises 2019 Health Innovation Hub: Life Sciences
                    [post_excerpt] => Women life science entrepreneurs: Springboard Enterprises is now accepting application for the 2019 Health Innovation Hub: Life Sciences track.
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => application-open-springboard-enterprises-2019-health-innovation-hub-life-sciences
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2019-04-09 14:40:56
                    [post_modified_gmt] => 2019-04-09 14:40:56
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://centerforbiotechnology.org/?p=3157
                    [menu_order] => 101
                    [post_type] => post
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [1] => WP_Post Object
                (
                    [ID] => 5017
                    [post_author] => 4
                    [post_date] => 2026-07-22 10:07:32
                    [post_date_gmt] => 2026-07-22 14:07:32
                    [post_content] => 

The College of Business at Stony Brook University invites applications for a non-tenure track part time lecturer position to teach Biotechnology Enterprises - Finance & Operations during the Fall 2026 semester.

The successful candidate will demonstrate a passion for teaching, a commitment to student success, and a deep understanding of the international of the biotechnology industry and developing enterprises. Interested Candidates should apply by July 23rd! https://apply.interfolio.com/189240

"Biotechnology Enterprises - Finance & Operations" is one of the main pillars of the Advanced Graduate Certificate in Life Science Innovation and Entrepreneurship, designed to enhance student’s understanding of how biological sciences translate into new therapeutics, diagnostics and/or medical devices, and provided an introduction to the fundamental business and industry aspects of critical in leveraging technology platforms into biological sciences oriented start-up companies. The successful candidate can anticipate working closely with the Department of Biomedical Engineering as well as the Center for Biotechnology to ensure the course aligns with the certificate’s intent and the Center for Biotechnology’s objective of preparing students for careers in the biotechnology and life sciences industry.

The application link, and further details on the role's responsibilities & requirements can be found at the link above.

[post_title] => Lecturer Opportunity: Stony Brook University [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => lecturer-stony-brook-fall26 [to_ping] => [pinged] => [post_modified] => 2026-07-22 10:07:32 [post_modified_gmt] => 2026-07-22 14:07:32 [post_content_filtered] => [post_parent] => 0 [guid] => https://centerforbiotechnology.org/?p=5017 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [2] => WP_Post Object ( [ID] => 1340 [post_author] => 3 [post_date] => 2015-01-14 16:38:15 [post_date_gmt] => 2015-01-14 16:38:15 [post_content] => Immunovent, a New York City based diagnostic start-up focusing on the commercialization of novel technologies for diagnosing allergies, was chosen as the "Best of the Best" among previous winners of Mid-Atlantic Bio Angels (MABA)1st Pitch Life Science events in 2014. Seven companies competed for the title of ?Best of the Best?. Immunovent is developing a platform technology called the Local Antibody Mucosal Brush Diagnostic (LAMB-Dx). It is a needle-free allergy test that works with minute cell samples that are easily and painlessly collected with a soft brush. A proprietary process is then used to detect the specific proteins in the samples that indicate the presence of a food or airborne allergy. [post_title] => Immunovent Wins "Best of the Best" in 1st Pitch Life Science Competition [post_excerpt] => Immunovent, a New York City based diagnostic start-up focusing on the commercialization of novel technologies for diagnosing allergies, was chosen as the "Best of the Best"... [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => immunovent-wins-best-of-the-best-in-1st-pitch-life-science-competition [to_ping] => [pinged] => [post_modified] => 2023-05-13 16:06:11 [post_modified_gmt] => 2023-05-13 16:06:11 [post_content_filtered] => [post_parent] => 0 [guid] => http://centerforbiotechnology.org/new/?p=1340 [menu_order] => 218 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 3 [current_post] => -1 [before_loop] => 1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 3157 [post_author] => 3 [post_date] => 2019-02-25 20:01:55 [post_date_gmt] => 2019-02-25 20:01:55 [post_content] => Women life science entrepreneurs: Springboard Enterprises is now accepting application for the 2019 Health Innovation Hub: Life Sciences track. Springboard’s Health Innovation Hub: Life Sciences 2019 is a year-long program for women-led seeking growth funding and expert connections to develop solutions in healthcare, including new drugs, diagnostics, pharma technologies, treatments for rare diseases, and medical devices. Those selected for the program will be matched with a personal advisory team of experts and invited to participate in several in-person and virtual sessions, workshops, and presentation opportunities. Priority Deadline is March 1! Full information on the program can be found at sb.co/HIH [post_title] => Application Open: Springboard Enterprises 2019 Health Innovation Hub: Life Sciences [post_excerpt] => Women life science entrepreneurs: Springboard Enterprises is now accepting application for the 2019 Health Innovation Hub: Life Sciences track. [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => application-open-springboard-enterprises-2019-health-innovation-hub-life-sciences [to_ping] => [pinged] => [post_modified] => 2019-04-09 14:40:56 [post_modified_gmt] => 2019-04-09 14:40:56 [post_content_filtered] => [post_parent] => 0 [guid] => https://centerforbiotechnology.org/?p=3157 [menu_order] => 101 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [comment_count] => 0 [current_comment] => -1 [found_posts] => 282 [max_num_pages] => 94 [max_num_comment_pages] => 0 [is_single] => [is_preview] => [is_page] => [is_archive] => [is_date] => [is_year] => [is_month] => [is_day] => [is_time] => [is_author] => [is_category] => [is_tag] => [is_tax] => [is_search] => [is_feed] => [is_comment_feed] => [is_trackback] => [is_home] => 1 [is_privacy_policy] => [is_404] => [is_embed] => [is_paged] => [is_admin] => [is_attachment] => [is_singular] => [is_robots] => [is_favicon] => [is_posts_page] => [is_post_type_archive] => [query_vars_hash:WP_Query:private] => 325c4f9f1aebaa5ec90666fa54175ba0 [query_vars_changed:WP_Query:private] => [thumbnails_cached] => [allow_query_attachment_by_filename:protected] => [stopwords:WP_Query:private] => [compat_fields:WP_Query:private] => Array ( [0] => query_vars_hash [1] => query_vars_changed ) [compat_methods:WP_Query:private] => Array ( [0] => init_query_flags [1] => parse_tax_query ) [query_cache_key:WP_Query:private] => )

Application Open: Springboard Enterprises 2019 Health Innovation Hub: Life Sciences

More Information

Lecturer Opportunity: Stony Brook University

More Information

Immunovent Wins “Best of the Best” in 1st Pitch Life Science Competition

More Information