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
Latest Funding Round
Investors
Ranked
49th among 67 active competitors
Employee Count
7 as on Dec 31, 2022
Similar Companies
Legal entities associated with Auritec Pharma
Auritec Pharma is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Auritec Pharmaceuticals Inc CIN: 841629188 , United States, Active | Dec 31, 1999 | - | 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:
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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 |
View details of Auritec Pharma's funding rounds and investors
Auritec Pharma's founders and board of directors
Founder? Claim ProfileHere are the details of Auritec Pharma's key team members:
- Tom Smith: Founder & CEO of Auritec Pharma. Contact Info: 1 email address
View details of Auritec Pharma's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lightcast Discovery 2019, Cambridge (United Kingdom), Series B | Provider of advanced single-cell analysis solutions | $107M | 61/100 | |
2nd | Slingshot Bioscience 2012, Berkeley (United States), Series A | Developer of next-generation synthetic cells for diagnostics and therapeutics | $46.4M | 56/100 | |
3rd | Developer of DNA encoded libraries for drug discovery | $39.1M | 55/100 | ||
4th | InterAx Biotech 2016, Villigen (Switzerland), Series A | Arrestin-based biosensors and computational methods for GPCR based drug discovery | $3.19M | 54/100 | |
5th | StemoniX 2014, San Diego (United States), Acquired | Engineering human brain and nerve models for neurological insights | $33.7M | 47/100 | |
6th | 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 | Vectus Biosystems 2005, Rosebery (Australia), Public | Develops drug discovery platform | - | - | 45/100 |
8th | Aucta Pharmaceuticals 2012, New Brunswick (United States), Seed | Innovating enhanced therapeutics using technology for specialty brand and generic products | - | 41/100 | |
9th | ZoBio 2004, Leiden (Netherlands), Acquired | Provider of fragment-based drug discovery services | - | 40/100 | |
10th | Signal Pharmaceuticals 1993, San Diego (United States), Acquired | Discoverer of drugs to regulate disease-related genes | $12M | 40/100 | |
49th | 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.
News related to Auritec Pharma
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Eupraxia Pharmaceuticals Strengthens Senior Management TeamPR Newswire•Oct 03, 2024•Eupraxia Pharmaceuticals, Auritec Pharma, Raymond James
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