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Avadel Pharmaceuticals - About the company

Avadel Pharmaceuticals is an acquired company based in Dublin (Ireland), founded in 1990. It operates as a Pharma company with proprietary drug delivery tools and drug for narcolepsy. Avadel Pharmaceuticals has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 1348 active competitors, including 152 funded and 169 that have exited. Its top competitors include companies like WuXi AppTec, ANI Pharmaceuticals and Apnimed.

Company Details

Pharma company with proprietary drug delivery tools and drugs for narcolepsy. The company is involved in the development of its lead candidate FT218, which is a once nightly formulation of sodium oxybate designed to treat narcolepsy sleeping disorder. The company is also involved in commercialized some hospital (mainly injectables) and pediatric (oral formulations) care products. The company offers 4 main drug delivery technologies - micropump (precisely delayed drug release microcapsules), liquitime (oral liquid formulation with delayed-release formulation), triggerlock (a mechanism to prevent abuse in opiate analgesics), and medusa (hydrogel depot formulation for subcutaneous injections).
Social
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Email ID
*****@avadel.com, *****@avadel.com
Phone Number
+353 **********
Registered Address
Chesterfield, Missouri
Key Metrics
Founded Year
1990
Location
Dublin, Ireland
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Oct 22, 2025
Ranked
Annual Revenue
$169M as on Dec 31, 2024
Employee Count
174 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Alkermes (Oct 22, 2025)

Avadel Pharmaceuticals's acquisition details

Avadel Pharmaceuticals got acquired by Alkermes on Oct 22, 2025 at an acquisition amount of $*****.
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Avadel Pharmaceuticals's funding and investors

Avadel Pharmaceuticals has raised funding over 3 rounds. Its first funding round was on Mar 02, 2018. Avadel Pharmaceuticals has 6 institutional investors.

Here is the list of recent funding rounds of Avadel Pharmaceuticals:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 09, 2022
8082701
Post IPO
3600696
2944180
8276412
7248422
Feb 21, 2020
4186015
Post IPO
3271962
3554885
3873137
Mar 02, 2018
5302669
Conventional Debt
7822337
6854148
5566498
9951132
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Avadel Pharmaceuticals' founders and board of directors

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Avadel Pharmaceuticals' employee count trend

Avadel Pharmaceuticals has 174 employees as of Apr 26. Here is Avadel Pharmaceuticals's employee count trend over the years:
Employee count trend for Avadel Pharmaceuticals
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Avadel Pharmaceuticals's Competitors and alternates

Top competitors of Avadel Pharmaceuticals include WuXi AppTec, ANI Pharmaceuticals and Apnimed. Here is the list of Top 10 competitors of Avadel Pharmaceuticals, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for WuXi AppTec
WuXi AppTec
2000, Shanghai (China), Public
Provider of CRO and CDMO services
$40M
79/100
2nd
Logo for ANI Pharmaceuticals
ANI Pharmaceuticals
1996, Baudette (United States), Public
Manufacturer of pharmaceutical products, including extended-release capsules and immediate-release tablets
-
64/100
3rd
Logo for Apnimed
Apnimed
2017, Cambridge (United States), Series C
Developer of small molecule based therapeutics for the treatment of obstructive sleep apnea
$249M
63/100
4th
Logo for EVERSANA
EVERSANA
2014, Milwaukee (United States), Funding Raised
Provider of consulting services for drug pricing access, reimbursement, and regulatory support
-
63/100
5th
Logo for Aptar
Aptar
1992, Crystal Lake (United States), Public
Provider of regulatory support, brand differentiation, and prototyping services
-
63/100
6th
Logo for Sirnaomics
Sirnaomics
2007, Gaithersburg (United States), Public
Developer of RNA based therapeutics for the treatment of cancer and fibrosis disease
$267M
63/100
7th
Logo for Ipsen
Ipsen
1929, Paris (France), Public
Biopharmaceutical company focused on developing and commercializing innovative treatments in oncology, rare disease, and neuroscience to improve patient health outcomes
-
62/100
8th
Logo for Aculys
Aculys
2021, Fujisawa (Japan), Acquired
Developer of therapeutic medicines to treat neuropsychiatric disorders
$84M
62/100
9th
Logo for Eurofins Scientific
Eurofins Scientific
1987, Luxembourg (Luxembourg), Public
Provider of laboratory testing services and CRO contract research services
-
61/100
10th
Logo for Zuellig Pharma
Zuellig Pharma
1992, Singapore (Singapore), Funding Raised
Provider of clinical research, quality management, logistics, and clinical trial supply services
-
61/100
13th
Logo for Avadel Pharmaceuticals
Avadel Pharmaceuticals
1990, Dublin (Ireland), Acquired
Pharma company with proprietary drug delivery tools and drug for narcolepsy
-
59/100
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Avadel Pharmaceuticals's Investments and acquisitions

Avadel Pharmaceuticals has acquired Eclat Pharmaceuticals. Avadel Pharmaceuticals has not made any investments as of now.

News related to Avadel Pharmaceuticals

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Media has covered Avadel Pharmaceuticals for a total of 35 events in the last 1 year, 18 of them have been about company updates and 1 about partnerships.
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