Company Overview
Snapshot
Founded in July 2016 by Avi Drori and Guy Drori, MedC Biopharma operated with 11–50 employees. The company raised $5 million across one funding round. In January 2021, MedC Biopharma partnered with Sana Healthcare to advance its skin oncology platform.
Business overview
MedC Biopharma is a clinical-stage company focused on developing novel cannabis-based treatments for various medical conditions, primarily targeting cutaneous T-cell lymphoma, a type of skin cancer. The company's R&D efforts are a collaboration with leading research institutions in Israel, and its pipeline includes additional skin oncology and anxiety-related indications. Operating within the Health Tech & Life Sciences sector, specifically Pharma & Medical Biotechnology and Medical Cannabis, MedC Biopharma serves the pharmaceutical market with its drug development and topical treatment products.
Strategic signal
In January 2021, MedC Biopharma announced a partnership with Sana Healthcare to advance its skin oncology platform. This collaboration signals a strategic move to accelerate the development and potential commercialization of its cannabis-based treatments for skin cancer, indicating a focus on leveraging external expertise to bring its product pipeline to market.
Company Intelligence Q&A
- What is MedC Biopharma's primary focus?
- MedC Biopharma is a clinical-stage company developing a novel cannabis-based treatment for cutaneous T-cell lymphoma, a type of skin cancer. Its R&D pipeline also includes additional skin oncology and anxiety-related indications.
- Who founded MedC Biopharma?
- MedC Biopharma was co-founded by Avi Drori, who serves as CEO and Chairman, and Guy Drori, who is the General Manager.
- What significant research was published by MedC Biopharma?
- In June 2020, the ARO Volcani Centre, in collaboration with Rabin Medical Centre and MedC Biopharma Corporation, announced the publication of its research in the peer-reviewed scientific journal Oncotarget.
- What was a key strategic partnership for MedC Biopharma?
- In January 2021, MedC Biopharma partnered with Sana Healthcare to advance its skin oncology platform, aiming to further develop its treatments for skin cancer.
- What was the company's status as of March 2023?
- MedC Biopharma ceased to operate in March 2023.