Inversago Pharma - About the company
Inversago Pharma is a series C company based in Montreal (Canada), founded in 2015 by Maxime Ranger. It operates as a Peripheral cannabinoid (CB1) receptor antagonist/inverse agonist for the treatment of metabolic diseases. Inversago Pharma has raised $115M in funding from investors like AmorChem, New Enterprise Associates and Genesys. The company has 5 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Flavocure Biotech, Pascal Biosciences and Cannova Medical.
Company Details
Inversago Pharma (formerly GIcare Pharma) is focused on developing peripheral cannabinoid (CB1) receptor antagonist/inverse agonist for the treatment of metabolic diseases such as obesity, insulin resistance, and liver fibrosis. Its drug INV-101 (Inverse agonist of peripheral CB1) under phase-1.
- Website
- inversago.com
- Email ID
- *****@inversago.com
- Registered Address
- 1019 Karsh, Ottawa
Key Metrics
Founded Year
2015
Location
Montreal, Canada
Stage
Series C
Total Funding
$115M in 3 rounds
Latest Funding Round
Ranked
1st among 5 active competitors
Similar Companies
Legal entities associated with Inversago Pharma
Inversago Pharma is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Noibu Technologies Inc. CIN: 10133353 , Canada, Active | Mar 07, 2017 | - | - | - |
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Inversago Pharma's funding and investors
Inversago Pharma has raised a total funding of $115M over 3 rounds. Its first funding round was on Jul 25, 2018. Its latest funding round was a Series C round on Oct 17, 2022 for $*****. 8 investors participated in its latest round. Inversago Pharma has 12 institutional investors.
Here is the list of recent funding rounds of Inversago Pharma:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 17, 2022 | 3987434 | Series C | 5948679 | 7020241 | 2999052 | 8608707 |
Sep 08, 2020 | 7682484 | Series B | 7971881 | 6297954 | 7717912 | |
Jul 25, 2018 | 7115254 | Series A | 5831512 | 9813532 |
View details of Inversago Pharma's funding rounds and investors
Inversago Pharma's founders and board of directors
Founder? Claim ProfileThe founders of Inversago Pharma is Maxime Ranger.
Here are the details of Inversago Pharma's key team members:
- Maxime Ranger: Co-Founder & CEO of Inversago Pharma and founder of 3 other companies, Sema Thera, Mperia Therapeutics and gIcare Pharma.
Inversago Pharma's Board of Directors
Inversago Pharma's board has 5 active members. Mike Weider, Weston Gaddy, Robert Boukine, Kailin Noivo and Filip Slatinac are independent board members.Here is the list of Inversago Pharma's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 7m | |
byqwabp | Independent board member | - | Current | 9y 9m |
phsurka | Independent board member | - | Current | 6y 5m |
ghvlykh | Independent board member | - | Current | 6y 5m |
cigeowp | Independent board member | - | Current | 2y 8m |
View details of Inversago Pharma's Founder profiles and Board Members
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Inversago Pharma's Competitors and alternates
Top competitors of Inversago Pharma include Flavocure Biotech, Pascal Biosciences and Cannova Medical. Here is the list of Top 10 competitors of Inversago Pharma, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Inversago Pharma 2015, Montreal (Canada), Series C | Peripheral cannabinoid (CB1) receptor antagonist/inverse agonist for the treatment of metabolic diseases | $115M | 47/100 | |
2nd | Flavocure Biotech 2014, Baltimore (United States), Series A | Developing next-generation oncology solutions inspired by nature for cancer treatment | $8.59M | 34/100 | |
3rd | Pascal Biosciences 2013, Vancouver (Canada), Public | Developer of therapeutics from cannabis to treat cancer | - | 34/100 | |
4th | Cannova Medical 2018, Rehovot (Israel), Series A | Provider of cannabis infused strips for consumers | - | 21/100 | |
5th | Distributor of cannabinoid-containing extracts and cannabis flowers for medical purposes | - | - | 16/100 | |
6th | CBD International 2007, Valencia (Spain), Deadpooled | Provider of cannabis-derived therapeutic products | - | - | 15/100 |
7th | Developer of cannabinoids-based medicine for cancer therapy | - | - | 15/100 |
Looking for more details on Inversago Pharma's competitors? Click here to see the top ones
Inversago Pharma's Investments and acquisitions
Inversago Pharma has made no investments or acquisitions yet.
Reports related to Inversago Pharma
Here is the latest report on Inversago Pharma's sector:
News related to Inversago Pharma
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Novo Nordisk to acquire Inversago Pharma to develop new therapies for people living with obesity, diabetes and other serious metabolic diseasesPipelinereview•Aug 12, 2023•New Nordic, Inversago Pharma, Saxenda, Wegovy
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Inversago Pharma Announces New Data to be Presented at the 2023 American Thoracic Society International ConferenceBusiness Wire•May 22, 2023•Inversago Pharma
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Inversago Pharma Doses First Patient in Phase 2 Trial of INV-202, an Oral, Peripherally-acting CB1 Inverse Agonist, in Patients with Diabetic Kidney DiseaseBusiness Wire•Nov 29, 2022•Inversago Pharma
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Inversago Pharma announces the appointment of Ed Mathers, BSc and Nanna Lüneborg, PhD, MBA to its Board of DirectorsBusiness Wire•Oct 19, 2022•Inversago Pharma, New Enterprise Associates, Forbion
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Inversago Pharma completes CAD $95 million Series C financing roundBusiness Wire•Oct 17, 2022•Inversago Pharma, New Enterprise Associates, Forbion, Amgen and 5 others
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Inversago Pharma receives IND clearance for Phase 2 trial of INV-202 in Diabetic Kidney DiseaseBusiness Wire•Sep 15, 2022•Inversago Pharma
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Inversago Pharma Presents Data on INV-202 in Diabetic Nephropathy at the ERA 2022 CongressBusiness Wire•May 19, 2022•Inversago Pharma
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Inversago Pharma Appoints Glenn S. Vraniak as Chief Financial OfficerFinancial Post•May 17, 2022•Inversago Pharma, Evaxion Biotech
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Inversago Pharma Announces Dosing of First Participant with Metabolic Syndrome in Phase 1B Clinical TrialBusiness Wire•Mar 15, 2022•Inversago Pharma
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