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Auritec Pharma - About the company

Auritec Pharma is a funded company based in Santa Monica (United States), founded in 2002 by Tom Smith. It operates as a Drug delivery company focused on women’s health.. Auritec Pharma has raised an undisclosed amount in funding. The company has 67 active competitors, including 17 funded and 7 that have exited. Its top competitors include companies like Lightcast Discovery, Slingshot Bioscience and HitGen.

Company Details

Auritec Pharmaceutical is a drug delivery company focused on women’s health. Its main product is an intravaginal ring (IVR) sustained release drug delivery system: VersaRing™. It has a large pipeline of programs in clinical and preclinical stage ranging from HIV, herpes, diabetes, to uterine fibroids, endometriosis, and many more. Versa is a technology platform for drug delivery that can deliver a broad range of drugs:-It focusses on FDA approved drugs used for the management of chronic conditions, that have large markets, and that have high potential to achieve therapeutic levels via vaginal delivery. Since its inception, Auritec has received over $20 million in NIH funding to develop sustained-release formulation for a number of serious or life-threatening diseases.
Key Metrics
Founded Year
2002
Location
Santa Monica, United States
Stage
Funding Raised
Investors
Ranked
Employee Count
7 as on Dec 31, 2022
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Auritec Pharma's funding and investors

Auritec Pharma has raised funding over 6 rounds. Its first funding round was on Feb 23, 2009. Its latest funding round was a Grant (prize money) round on May 18, 2012 for $*****. 1 investor participated in its latest round. Auritec Pharma has 1 institutional investor.

Here is the list of recent funding rounds of Auritec Pharma:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 18, 2012
7539262
Grant (prize money)
9541465
5611960
1730303
7747657
Feb 13, 2012
8420486
Grant (prize money)
7699762
4401572
2059958
Jul 15, 2011
5756671
Grant (prize money)
4503168
2646226
2153963
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Auritec Pharma's founders and board of directors

Founder? Claim Profile
The founders of Auritec Pharma is Tom Smith. Tom Smith is the CEO of Auritec Pharma.
Here are the details of Auritec Pharma's key team members:

Auritec Pharma's employee count trend

Auritec Pharma has 7 employees as of Dec 22. The total employee count is the same as what it was in Dec 21. Here is Auritec Pharma's employee count trend over the years:
Employee count trend for Auritec Pharma
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Auritec Pharma's Competitors and alternates

Top competitors of Auritec Pharma include Lightcast Discovery, Slingshot Bioscience and HitGen. Here is the list of Top 10 competitors of Auritec Pharma, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lightcast Discovery
Lightcast Discovery
2019, Cambridge (United Kingdom), Series B
Provider of advanced single-cell analysis solutions
$107M
61/100
2nd
Logo for Slingshot Bioscience
Slingshot Bioscience
2012, Berkeley (United States), Series A
Developer of next-generation synthetic cells for diagnostics and therapeutics
$46.4M
56/100
3rd
Logo for HitGen
HitGen
2012, Lanzhou (China), Public
Developer of DNA encoded libraries for drug discovery
$39.1M
55/100
4th
Logo for InterAx Biotech
InterAx Biotech
2016, Villigen (Switzerland), Series A
Arrestin-based biosensors and computational methods for GPCR based drug discovery
$3.19M
54/100
5th
Logo for StemoniX
StemoniX
2014, San Diego (United States), Acquired
Engineering human brain and nerve models for neurological insights
$33.7M
47/100
6th
Logo for Sequence Bio
Sequence Bio
2013, St John s (Canada), Seed
Sequence Bio is a Newfoundland and Labrador biotechnology company striving to improve how we treat diseases and develop medicines.
$5.47M
45/100
7th
Logo for Vectus Biosystems
Vectus Biosystems
2005, Rosebery (Australia), Public
Develops drug discovery platform
-
-
45/100
8th
Logo for Aucta Pharmaceuticals
Aucta Pharmaceuticals
2012, New Brunswick (United States), Seed
Innovating enhanced therapeutics using technology for specialty brand and generic products
-
41/100
9th
Logo for ZoBio
ZoBio
2004, Leiden (Netherlands), Acquired
Provider of fragment-based drug discovery services
-
40/100
10th
Logo for Signal Pharmaceuticals
Signal Pharmaceuticals
1993, San Diego (United States), Acquired
Discoverer of drugs to regulate disease-related genes
$12M
40/100
49th
Logo for Auritec Pharma
Auritec Pharma
2002, Santa Monica (United States), Funding Raised
Drug delivery company focused on women’s health.
-
 
19/100
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Auritec Pharma's Investments and acquisitions

Auritec Pharma has made no investments or acquisitions yet.

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