Pharmion - About the company
Pharmion is an acquired company based in Boulder (United States), founded in 2000 by Patrick J. Mahaffy. It operates as a Therapies for the treatment of hematology and oncology disorders. Pharmion has raised $40M in funding.
Company Details
Pharmion was focused on acquiring, developing and commercializing innovative products for the treatment of hematology and oncology disorders. It had a number of products on the market including the first approved epigenetic cancer drug, Vidaza, a DNA demethylating agent. Its other marketed portfolio products include Thalidomide Pharmion for the treatment of relapsed and refractory multiple myeloma; Innohep, an antithrombotic drug in the heparin group and Refludan, an anticoagulant that functions as a direct thrombin inhibitor. Pharmion was acquired by Celgene in November 2007 for $2.9B.
- Website
- pharmion.com
Key Metrics
Founded Year
2000
Location
Boulder, United States
Stage
Acquired
Total Funding
$40M in 2 rounds
Latest Funding Round
Investors
Employee Count
1 as on Apr 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Celgene (Nov 18, 2007)
Pharmion's acquisition details
Click here to take a look at Pharmion's acquisition in detail
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Pharmion's funding and investors
Pharmion has raised a total funding of $40M over 2 rounds. Its first funding round was on Dec 03, 2001. Its latest funding round was a Series A round on Oct 16, 2002 for $*****. 6 investors participated in its latest round. Pharmion has 15 institutional investors.
Here is the list of recent funding rounds of Pharmion:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 16, 2002 | 1243258 | Series A | 2633194 | 2577511 | 2966160 | 7958540 |
Dec 03, 2001 | 8386033 | Conventional Debt | 6726008 | 6624820 | 7597555 |
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Pharmion's founders and board of directors
Founder? Claim ProfileThe founders of Pharmion is Patrick J. Mahaffy.
Here are the details of Pharmion's key team members:
- Patrick J. Mahaffy: Former - CEO and Founder of Pharmion.
View details of Pharmion's Founder profiles and Board Members
Pharmion's employee count trend
Pharmion has 1 employees as of Apr 26. Here is Pharmion's employee count trend over the years:
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Pharmion's Investments and acquisitions
Pharmion has acquired Cabrellis Pharmaceuticals. Pharmion has not made any investments as of now.News related to Pharmion
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Celgene, Pharmion pass next hurdle toward $2.9 billion mergerDrug Store News•Jan 14, 2008•Celgene, Pharmion
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Celgene to Acquire Pharmion for $2.9 Billion in Cash and StockBusiness Wire•Dec 18, 2007•Pharmion, Celgene, Covington & Burling, Merrill Lynch and 1 other
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