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Satsuma Pharmaceuticals - About the company

Satsuma Pharmaceuticals is an acquired company based in San Francisco (United States), founded in 2016. It operates as a Developer of therapeutics for migraine sufferers. Satsuma Pharmaceuticals has raised $74.1M in funding from investors like TPG, RA Capital Management and Wellington, with last known valuation of $*****. The company has 4 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Vedana Therapeutics, Stopain Clinical and DMR BIOLOGICS.

Company Details

Developer of therapeutics for migraine sufferers. The company's lead product is STS101, for the acute treatment of migraine with a proprietary nasal powder formulation and dihydroergotamine mesylate (DHE), administered via the proprietary nasal delivery device.
Registered Address
South San Francisco, California
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Acquired
Total Funding
$74.1M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 06, 2019
Investors
Ranked
Employee Count
28 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Shin Nippon Biomedical Laboratories (Apr 16, 2023)

Satsuma Pharmaceuticals's acquisition details

Satsuma Pharmaceuticals got acquired by Shin Nippon Biomedical Laboratories on Apr 16, 2023 at an acquisition amount of $*****.
Click here to take a look at Satsuma Pharmaceuticals's acquisition in detail
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Satsuma Pharmaceuticals's funding and investors

Satsuma Pharmaceuticals has raised a total funding of $74.1M over 3 rounds. Its first funding round was on Jan 05, 2017. Its latest funding round was a Post IPO round on Mar 01, 2021 for $*****. 8 investors participated in its latest round. Satsuma Pharmaceuticals has 18 institutional investors.

Here is the list of recent funding rounds of Satsuma Pharmaceuticals:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 01, 2021
8343568
Post IPO
6138230
9008308
8006409
9570670
Apr 24, 2019
6091614
Series B
4770906
4164949
2906154
Jan 05, 2017
2094506
Series A
1073405
8059431
5414686
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Satsuma Pharmaceuticals' founders and board of directors

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Satsuma Pharmaceuticals' employee count trend

Satsuma Pharmaceuticals has 28 employees as of Sep 26. Here is Satsuma Pharmaceuticals's employee count trend over the years:
Employee count trend for Satsuma Pharmaceuticals
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Satsuma Pharmaceuticals's Competitors and alternates

Top competitors of Satsuma Pharmaceuticals include Vedana Therapeutics, Stopain Clinical and DMR BIOLOGICS. Here is the list of Top 10 competitors of Satsuma Pharmaceuticals, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Vedana Therapeutics
Vedana Therapeutics
2024, Seattle (United States), Series A
Developer of novel biologics targeting pathways for chronic migraine prevention
$46M
50/100
2nd
Logo for Satsuma Pharmaceuticals
Satsuma Pharmaceuticals
2016, San Francisco (United States), Acquired
Developer of therapeutics for migraine sufferers
$74.1M
47/100
3rd
Logo for Stopain Clinical
Stopain Clinical
2016, Hazleton (United States), Funding Raised
Developer of drugs for treating migraine pain
-
-
25/100
4th
Logo for DMR BIOLOGICS
DMR BIOLOGICS
2016, Schofield (United States), Deadpooled
Provider of drugs for migraine pain management
-
-
18/100
5th
Logo for TrioxBio
TrioxBio
2015, Ramat Gan (Israel), Funding Raised
Developing nitric oxide-inhibiting drugs for migraine disorders
-
13/100
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Satsuma Pharmaceuticals's Investments and acquisitions

Satsuma Pharmaceuticals has made no investments or acquisitions yet.

Reports related to Satsuma Pharmaceuticals

Here is the latest report on Satsuma Pharmaceuticals's sector:

News related to Satsuma Pharmaceuticals

lockFilter this list
•
Migraine Market Transformed by Satsuma and Amneal's FDA ApprovalsPR Newswire•May 22, 2025•Satsuma Pharmaceuticals
•
•
FDA rejects migraine treatment made by North Carolina firmThe Business Journals•Jan 22, 2024•Satsuma Pharmaceuticals
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FDA declines to approve Satsuma’s migraine treatment STS101Pharmaceutical Technology•Jan 19, 2024•Satsuma Pharmaceuticals
•
Satsuma Fails to Secure FDA Approval for Nasal Powder Migraine DrugBioSpace•Jan 18, 2024•Satsuma Pharmaceuticals
•
US FDA accepts Satsuma’s 505(b)(2) NDA for STS101Pharmaceutical Technology•May 19, 2023•Satsuma Pharmaceuticals
•
Satsuma migraine therapy accepted for FDA reviewSeeking Alpha•May 19, 2023•Satsuma Pharmaceuticals
•
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