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Contents

   



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1 Products  





2 Financials  





3 Subsidiaries  





4 References  





5 External links  














Statera BioPharma







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From Wikipedia, the free encyclopedia
 


Statera BioPharma, Inc.
FormerlyCleveland BioLabs
Cytocom
Company typePublic

Traded as

OTC Pink: STAB
IndustryPharmaceuticals
FoundedCleveland, Ohio, 2003
Headquarters ,
USA

Key people

Yakov Kogan, CEO
ProductsAnti-radiation and oncological products
SubsidiariesIncuron, LLC
Panacela Labs, Inc.
Websitewww.staterabiopharma.com

Statera BioPharma, Inc. is an American clinical-stage biopharmaceutical company with a focus on novel immunotherapies.

In 2021, Cleveland BioLabs merged with Cytocom, Inc, a clinical-stage biopharmaceutical company developing novel immunotherapies targeting autoimmune, inflammatory, infectious diseases, and cancers.[1] The new company renamed itself "Statera BioPharma".[2]

Cleveland BioLabs Inc. had been founded in partnership with the Cleveland Clinic in 2003 and moved to the Buffalo Niagara Medical Campus in 2007.[3][4] It had license agreements and collaborations with the Cleveland Clinic, Roswell Park Comprehensive Cancer Center, the Children's Cancer Institute Australia, and the Armed Forces Radiobiology Research Institute, and specialized in research and development of products with the potential to treat cancer and protect against death following acute radiation syndrome. In 2018, Cleveland BioLabs entered into a joint venture with Buffalo-based Everon Biosciences. The joint venture, Genome Protection Inc., will develop pharmaceuticals that have anti-aging applications, using Cleveland Biolabs' acute radiation exposure drug, Entolimod.[5] Genome Protection Inc. subsequently received a $10.5 million (US) investment from Russian oligarch Roman Abramovich.[6]

Products[edit]

Financials[edit]

The following table shows key financial figures for the company for 2011, 2012 and 2013 (parenthesis represent negative figures).[10]

Financial measure 2013 2012 2011
Total assets $14,700,000 $32,010,000 $32,130,000
Total liabilities $24,220,000 $25,680,000 $23,070,000
Total equity ($9,520,000) $6,330,000 $9,060,000
Revenue $8,490,000 $3,570,000 $8,790,000
Total operating expense $31,560,000 $33,620,000 $33,900,000
Net income ($17,260,000) ($18,230,000) ($4,010,000)

Subsidiaries[edit]

Cleveland Biolabs had two majority-owned subsidiaries:

References[edit]

  1. ^ "Cytocom Inc. Announces Completed Merger with Cleveland BioLabs". PR Newswire. 28 July 2021. Retrieved 16 Aug 2021.
  • ^ "Cytocom, Inc. Announces Plan to Adopt New Corporate Name "Statera BioPharma, Inc."" (Press release). PR Newswire. August 31, 2021.
  • ^ Dan Miner, "Cleveland BioLabs' best shot", Buffalo Business First, BizJournals, May 24, 2013, retrieved July 23, 2013.
  • ^ History Archived 2013-09-09 at the Wayback Machine, About Us, Cleveland BioLabs, retrieved July 23, 2013.
  • ^ Fitzhugh, Michael (15 August 2018). "Cleveland Biolabs forms anti-aging drugs JV with Everon". Bioworld. Clarivate Analytics. Retrieved 16 Aug 2021.
  • ^ "Jewish Insider Daily Kickoff". Times of Israel. 17 December 2018. Retrieved 9 May 2019.
  • ^ David Robinson, "Cleveland BioLabs’ officials look for signs of a turnaround: Cleveland BioLabs officials bemoan declining stock price", The Buffalo News, June 14, 2013, retrieved July 23, 2013.
  • ^ a b c d e f g h Topics: Cleveland BioLabs Inc., Business Day, The New York Times, retrieved July 23, 2013.
  • ^ Tracey Drury, "Cleveland BioLabs inks Chinese deal", Buffalo Business First, BizJournals, September 9, 2009, retrieved July 23, 2013.
  • ^ "Cleveland BioLabs, Inc". Google Finance. 29 October 2014. Retrieved 29 October 2014.
  • External links[edit]


    Retrieved from "https://en.wikipedia.org/w/index.php?title=Statera_BioPharma&oldid=1228233344"

    Categories: 
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    This page was last edited on 10 June 2024, at 04:16 (UTC).

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