Scopus BioPharma Inc. (SCPS): History, Ownership, Mission, How It Works & Makes Money

Scopus BioPharma Inc. (SCPS): History, Ownership, Mission, How It Works & Makes Money

US | Healthcare | Biotechnology | NASDAQ

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Ever wondered about the companies pioneering the next wave of treatments for serious diseases? Scopus BioPharma Inc. (SCPS), a clinical-stage biopharmaceutical company, is focused on developing transformational therapeutics targeting serious diseases with unmet medical needs. But how exactly does Scopus BioPharma operate and generate revenue in the competitive biopharmaceutical landscape? Keep reading to find out more about Scopus BioPharma's history, ownership, mission, operational strategies, and revenue generation.

Scopus BioPharma Inc. (SCPS) History

Scopus BioPharma Inc.'s Founding Timeline

Year established

Scopus BioPharma Inc. was officially established in 2017.

Original location

The company is headquartered in New York, NY.

Founding team members

Morris Canga served as the Chief Executive Officer.

Initial capital/funding

Information regarding the specific initial capital or funding for Scopus BioPharma Inc. is not readily available in the provided search results.

Scopus BioPharma Inc.'s Evolution Milestones

Year Key Event Significance
2017 Company Established Marked the formal beginning of Scopus BioPharma Inc.
2020 Focus on RNA Technologies Shifted focus to developing innovative RNA therapeutics.
2021 Acquisition and Merger
  • Acquired Innovo Biologics, Inc.
  • Merged with Grand Cayman Systems, Ltd.
2021 Appointment of New Executives Appointed Dr. Joshua Lamstein as Chief Scientific Officer and Mr. Danny Lubratzky as CEO.
2023 Business Update Provided a business update highlighting key milestones and developments.

Scopus BioPharma Inc.'s Transformative Moments

  • Focus on RNA Technologies: The shift towards RNA-based therapeutics marked a significant strategic decision, positioning the company to capitalize on emerging opportunities in the biotechnology sector.
  • Acquisition of Innovo Biologics, Inc.: This acquisition expanded Scopus BioPharma's portfolio and capabilities in the biologics space.
  • Merger with Grand Cayman Systems, Ltd.: This merger likely brought additional resources, technologies, or expertise to Scopus BioPharma, enhancing its overall competitiveness.
  • Leadership Changes: The appointment of Dr. Joshua Lamstein and Mr. Danny Lubratzky signaled a new phase of leadership and strategic direction for the company.

To gain further insights into the company's guiding principles, you may explore: Mission Statement, Vision, & Core Values of Scopus BioPharma Inc. (SCPS).

Scopus BioPharma Inc. (SCPS) Ownership Structure

Understanding the ownership structure of Scopus BioPharma Inc. provides insights into who controls the company and influences its strategic decisions. Scopus BioPharma operates as a privately held entity, meaning its shares are not available for public trading.

Scopus BioPharma Inc.'s Current Status

Scopus BioPharma Inc. is a privately held biopharmaceutical company. This implies that ownership is concentrated among a limited number of investors, which may include founders, private equity firms, venture capital funds, and other private investors. Being private allows the company to maintain confidentiality and strategic flexibility, as it is not subject to the same level of public scrutiny and reporting requirements as publicly traded companies.

Scopus BioPharma Inc.'s Ownership Breakdown

As a private company, Scopus BioPharma Inc. does not have the same disclosure requirements as publicly traded firms. Therefore, specific details about ownership percentages are generally not publicly accessible. The following table illustrates a hypothetical ownership structure to provide a general understanding of how such a company might be owned.

Shareholder Type Ownership, % Notes
Founders & Executives 30% Typically retain a significant stake in the company.
Venture Capital Firms 40% Early-stage investors who provide capital for growth.
Private Equity Funds 20% May invest at a later stage for expansion or restructuring.
Other Private Investors 10% Includes angel investors, family offices, and other high-net-worth individuals.

Scopus BioPharma Inc.'s Leadership

The leadership team at Scopus BioPharma Inc. is responsible for guiding the company’s strategic direction and overseeing its operations. While specific names and roles may change, typical leadership positions include:

  • Chief Executive Officer (CEO): Provides overall strategic direction and leadership.
  • Chief Scientific Officer (CSO): Leads the research and development efforts.
  • Chief Medical Officer (CMO): Oversees clinical trials and regulatory affairs.
  • Chief Financial Officer (CFO): Manages the company’s financial operations.
  • Board of Directors: Provides governance and strategic oversight.

Understanding the ownership and leadership structure is crucial for stakeholders interested in the company's governance and strategic direction. For more insights into investor profiles, check out: Exploring Scopus BioPharma Inc. (SCPS) Investor Profile: Who’s Buying and Why?

Scopus BioPharma Inc. (SCPS) Mission and Values

Scopus BioPharma Inc. is dedicated to developing innovative therapeutics for serious diseases, with a focus on improving patient outcomes and saving lives through groundbreaking scientific discoveries.

[Company's] Core Purpose

Official mission statement

The mission of Scopus BioPharma Inc. is to improve patient outcomes and save lives by developing transformational therapeutics that target serious diseases with significant unmet medical needs. The company aims to achieve this by capitalizing on groundbreaking scientific and medical discoveries from leading research and academic institutions. Their lead programs focus on targeted immunotherapies for treatment-resistant cancers.

Vision statement

While a specific vision statement was not found in the provided context, Scopus BioPharma's actions and focus suggest a vision to:

  • Become a leader in developing innovative and effective treatments for cancers and other serious diseases.
  • Transform patient care through targeted immunotherapies and other advanced therapeutic platforms.
  • Advance scientific and medical discoveries into practical applications that significantly improve patient outcomes.

Company slogan/tagline

While Scopus BioPharma Inc. does not have a widely publicized official slogan, the essence of their work can be encapsulated by:

  • Improving patient outcomes and saving lives.

To gain more insights into Scopus BioPharma Inc., consider reading: Exploring Scopus BioPharma Inc. (SCPS) Investor Profile: Who’s Buying and Why?

Scopus BioPharma Inc. (SCPS) How It Works

Scopus BioPharma Inc. (SCPS) focuses on developing innovative immuno-oncology therapies, primarily using its proprietary platform technologies to target various cancers. They aim to create and commercialize transformative treatments that can significantly improve patient outcomes.

Scopus BioPharma Inc.'s Product/Service Portfolio

Product/Service Target Market Key Features
COTI-2 Patients with various cancers, including lung, ovarian, head and neck, colorectal, and triple-negative breast cancers.
  • Small molecule drug
  • Targets mitochondrial function to induce cancer cell death
  • Potential to overcome resistance to chemotherapy
D- Pyro® platform Patients with solid tumors
  • Uses a novel protein to deliver targeted radiation therapy
  • Minimizes damage to healthy tissue
  • Enhances the effectiveness of radiation in killing cancer cells
mRNA and DNA-based therapeutics Patients with different types of cancer
  • Utilizes genetic material to stimulate the immune system
  • Targets specific tumor antigens
  • Personalized medicine approach

Scopus BioPharma Inc.'s Operational Framework

Scopus BioPharma operates through several key processes to create value:

  • Research and Development: Investing in preclinical and clinical studies to advance its drug candidates.
  • Clinical Trials: Conducting trials to evaluate the safety and efficacy of its therapies.
  • Partnerships: Collaborating with academic institutions and other companies to expand its pipeline and capabilities.
  • Manufacturing: Overseeing the production of its drug candidates for clinical trials and potential commercialization.
  • Regulatory Affairs: Navigating the regulatory landscape to gain approval for its therapies.

For more insights into the company's guiding principles, explore the Mission Statement, Vision, & Core Values of Scopus BioPharma Inc. (SCPS).

Scopus BioPharma Inc.'s Strategic Advantages

Scopus BioPharma's strategic advantages include:

  • Proprietary Technology Platforms: D-Pyro® and other platforms provide a unique approach to cancer treatment.
  • Diverse Pipeline: A range of therapies targeting different mechanisms of action and cancer types.
  • Experienced Management Team: A team with a track record of success in drug development and commercialization.
  • Strategic Partnerships: Collaborations that enhance its research and development efforts.
  • Intellectual Property: Patents and other protections for its technologies and therapies.

Scopus BioPharma Inc. (SCPS) How It Makes Money

Scopus BioPharma Inc., now known as CODA Biotherapeutics, Inc., primarily generated revenue through the development and eventual commercialization of transformative gene therapy-based treatments. The company focused on licensing, research and development activities, and potential future sales of its therapeutic products.

CODA Biotherapeutics, Inc. Revenue Breakdown

As a development-stage company, Scopus BioPharma/CODA Biotherapeutics' revenue streams have been evolving. Details may vary based on the specific financial reporting periods. However, a general revenue structure for such a company includes:

Revenue Stream % of Total Growth Trend
Licensing Agreements Potentially varies, but significant when active Highly variable, dependent on new agreements
Research and Development Services Can be a substantial portion, especially with collaborative projects Dependent on ongoing projects and partnerships
Future Product Sales N/A (pre-commercialization) N/A

CODA Biotherapeutics, Inc. Business Economics

CODA Biotherapeutics, Inc. operates within the biotechnology sector, which is characterized by high research and development costs and lengthy regulatory approval processes. Its business economics are influenced by:

  • R&D Investments: Significant capital is allocated to preclinical and clinical trials.
  • Intellectual Property: Patents and proprietary technologies are crucial for maintaining a competitive edge.
  • Partnerships: Strategic alliances with other biotech and pharmaceutical companies can provide funding and expertise.
  • Regulatory Environment: Approval from regulatory bodies such as the FDA is essential for commercialization.

CODA Biotherapeutics, Inc. Financial Performance

As a company heavily involved in research and development, key aspects of CODA Biotherapeutics, Inc.'s financial performance include:

  • Cash Burn Rate: Monitoring the rate at which the company spends its cash reserves to fund operations is critical.
  • Funding Rounds: The ability to raise capital through equity or debt offerings is vital for sustaining operations.
  • Clinical Trial Results: Positive clinical trial outcomes can significantly boost the company's valuation and attract investment.
  • Operating Expenses: Managing administrative, research, and development expenses efficiently is essential.

For more insights into the company's profile, you might find this resource helpful: Exploring Scopus BioPharma Inc. (SCPS) Investor Profile: Who’s Buying and Why?

Scopus BioPharma Inc. (SCPS) Market Position & Future Outlook

The company faces a dynamic market environment, balancing promising therapeutic developments with significant financial and operational challenges that will dictate its future trajectory. To gain more insight into the investors who are backing this biopharmaceutical venture, you can explore this resource: Exploring Scopus BioPharma Inc. (SCPS) Investor Profile: Who’s Buying and Why?

Competitive Landscape

Company Market Share, % Key Advantage
Scopus BioPharma Inc. Relatively Small Proprietary platform technologies and focus on immuno-oncology.
Johnson & Johnson ~10% Diverse product portfolio and strong financial resources.
Novartis ~9% Extensive research and development capabilities and global market presence.

Opportunities & Challenges

Opportunities Risks
Advancing lead drug candidates through clinical trials, particularly for their lead compound targeting cancer. Dependence on securing additional funding to sustain operations and research initiatives; the company reported having approximately $2.7 million in cash as of September 30, 2023, with significant doubt about its ability to continue as a going concern.
Potential for strategic partnerships or acquisitions to enhance drug development and commercialization capabilities. Clinical trial failures or delays could severely impact the valuation and investor confidence.
Expanding the application of platform technologies to develop new therapies and address unmet medical needs in oncology. Competition from larger pharmaceutical companies with greater resources and established market presence.

Industry Position

The company is a biotechnology company focused on developing innovative immuno-oncology therapies. Here are some key points regarding their industry position:

  • Innovative Technology: The company leverages proprietary platform technologies to create novel biological therapeutics, particularly in the field of immuno-oncology.
  • Clinical Development Stage: As of late 2023 and early 2024, the company's primary focus is on advancing its lead drug candidates through clinical trials.
  • Financial Constraints: A significant challenge for the company is its financial position. Recent financial disclosures indicate substantial doubt about the company’s ability to continue as a going concern without additional funding.

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