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Strongbridge Biopharma - About the company

Strongbridge Biopharma is an acquired company based in Feasterville Trevose (United States), founded in 1996 by Per Marin. It operates as a Developer of drugs for the treatment of rare endocrine disorders. Strongbridge Biopharma has raised an undisclosed amount in funding. The company has 15 active competitors, including 2 funded and 9 that have exited. Its top competitors include companies like Ascendis Pharma, MBX Biosciences and OMass Therapeutics.

Company Details

Developer of drugs for the treatment of rare endocrine disorders. Its lead product COR-003 levoketoconazole is a cortisol synthesis inhibitor that helps in the treatment of endogenous Cushing’s syndrome. Other product includes COR-005 is a somatostatin analog (SSA) for the treatment of patients with acromegaly, and KEVEYIS for Periodic Paralysis.
Email ID
*****@strongbridgebio.com
Registered Address
Magnus Stenbocks vâg 22 A, 302 34 HALMSTAD
Key Metrics
Founded Year
1996
Location
Feasterville Trevose, United States
Stage
Acquired
Latest Funding Round
Ranked
Employee Count
38 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Xeris Pharmaceuticals (May 24, 2021)

Strongbridge Biopharma's acquisition details

Strongbridge Biopharma got acquired by Xeris Pharmaceuticals on May 24, 2021 at an acquisition amount of $267M. It was facilitated by SVB Securities, A&L Goodbody, Goodwin and 3 more.
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Strongbridge Biopharma's funding and investors

Strongbridge Biopharma has raised funding over 7 rounds. Its first funding round was on Oct 30, 2014. Its latest funding round was a Post IPO round on Jul 17, 2017 for $*****. 1 investor participated in its latest round. Strongbridge Biopharma has 15 institutional investors.

Here is the list of recent funding rounds of Strongbridge Biopharma:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 17, 2017
3627091
Post IPO
3526657
4109615
5507076
2394147
Dec 22, 2016
9995096
Post IPO
9561248
2227397
9979379
Aug 28, 2015
9481741
Post IPO
6579171
3160936
7756662
7550893
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Strongbridge Biopharma's founders and board of directors

Founder? Claim Profile
The founders of Strongbridge Biopharma is Per Marin.
Here are the details of Strongbridge Biopharma's key team members:
  • Per Marin: Founder of Strongbridge Biopharma.

Strongbridge Biopharma's employee count trend

Strongbridge Biopharma has 38 employees as of Jul 24. Here is Strongbridge Biopharma's employee count trend over the years:
Employee count trend for Strongbridge Biopharma
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Strongbridge Biopharma's Competitors and alternates

Top competitors of Strongbridge Biopharma include Ascendis Pharma, MBX Biosciences and OMass Therapeutics. Here is the list of Top 10 competitors of Strongbridge Biopharma, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ascendis Pharma
Ascendis Pharma
2007, Hellerup (Denmark), Public
Integrated biopharmaceutical company to advance its pipeline of long-acting prodrug therapies
$109M
64/100
2nd
Logo for MBX Biosciences
MBX Biosciences
2018, Carmel (United States), Public
Developer of drugs for the treatment of rare endocrine diseases
$216M
61/100
3rd
Logo for OMass Therapeutics
OMass Therapeutics
2016, Oxford (United Kingdom), Series B
Developer of therapeutics for immunological and orphan diseases
$166M
57/100
4th
Logo for Spruce Biosciences
Spruce Biosciences
2014, San Francisco (United States), Public
Clinical stage biopharma developing rare diseases affecting the stress pathway (HPA axis)
$108M
51/100
5th
Logo for Sigilon
Sigilon
2015, Cambridge (United States), Acquired
Developer of therapeutics to treat chronic diseases
$104M
50/100
6th
Logo for Amolyt Pharma
Amolyt Pharma
2015, Ecully (France), Acquired
Developer of peptide therapeutics to treat rare endocrine and metabolic disorders
$292M
48/100
7th
Logo for Diurnal
Diurnal
2004, Cardiff (United Kingdom), Acquired
Developer of hormone therapeutics for the treatment of rare and chronic endocrine diseases
$10.1M
47/100
8th
Logo for Spruce
Spruce
2016, San Francisco (United States), Public
Developer of therapies for rare endocrine disorders
-
46/100
9th
Logo for Cosciens Biopharma
Cosciens Biopharma
2002, Summerville (United States), Public
Developer of of pharmaceutical and diagnostic products
-
45/100
10th
Logo for Egetis
Egetis
2020, Stockholm (Sweden), Funding Raised
Developer of therapeutics for rare and other diseases
-
45/100
12th
Logo for Strongbridge Biopharma
Strongbridge Biopharma
1996, Feasterville Trevose (United States), Acquired
Developer of drugs for the treatment of rare endocrine disorders
-
36/100
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Strongbridge Biopharma's Investments and acquisitions

Strongbridge Biopharma has made no investments or acquisitions yet.

News related to Strongbridge Biopharma

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