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.
- Website
- www.strongbridgebio.com
- 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
Investors
Ranked
12th among 15 active competitors
Employee Count
38 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Xeris Pharmaceuticals (May 24, 2021)
Legal entities associated with Strongbridge Biopharma
Strongbridge Biopharma is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Cortendo Invest Ab CIN: 992718633 , Norway, Active | Oct 05, 1996 | - | - |
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.
Click here to take a look at Strongbridge Biopharma's acquisition in detail
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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:
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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 |
View details of Strongbridge Biopharma's funding rounds and investors
Strongbridge Biopharma's founders and board of directors
Founder? Claim ProfileThe founders of Strongbridge Biopharma is Per Marin.
Here are the details of Strongbridge Biopharma's key team members:
- Per Marin: Founder of Strongbridge Biopharma.
View details of Strongbridge Biopharma's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ascendis Pharma 2007, Hellerup (Denmark), Public | Integrated biopharmaceutical company to advance its pipeline of long-acting prodrug therapies | $109M | 64/100 | |
2nd | MBX Biosciences 2018, Carmel (United States), Public | Developer of drugs for the treatment of rare endocrine diseases | $216M | 61/100 | |
3rd | OMass Therapeutics 2016, Oxford (United Kingdom), Series B | Developer of therapeutics for immunological and orphan diseases | $166M | 57/100 | |
4th | Spruce Biosciences 2014, San Francisco (United States), Public | Clinical stage biopharma developing rare diseases affecting the stress pathway (HPA axis) | $108M | 51/100 | |
5th | Sigilon 2015, Cambridge (United States), Acquired | Developer of therapeutics to treat chronic diseases | $104M | 50/100 | |
6th | Amolyt Pharma 2015, Ecully (France), Acquired | Developer of peptide therapeutics to treat rare endocrine and metabolic disorders | $292M | 48/100 | |
7th | Diurnal 2004, Cardiff (United Kingdom), Acquired | Developer of hormone therapeutics for the treatment of rare and chronic endocrine diseases | $10.1M | 47/100 | |
8th | Spruce 2016, San Francisco (United States), Public | Developer of therapies for rare endocrine disorders | - | 46/100 | |
9th | Cosciens Biopharma 2002, Summerville (United States), Public | Developer of of pharmaceutical and diagnostic products | - | 45/100 | |
10th | Developer of therapeutics for rare and other diseases | - | 45/100 | ||
12th | Strongbridge Biopharma 1996, Feasterville Trevose (United States), Acquired | Developer of drugs for the treatment of rare endocrine disorders | - | 36/100 |
Looking for more details on Strongbridge Biopharma's competitors? Click here to see the top ones
Strongbridge Biopharma's Investments and acquisitions
Strongbridge Biopharma has made no investments or acquisitions yet.
News related to Strongbridge Biopharma
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Xeris Pharmaceuticals Completes Acquisition of Strongbridge BiopharmaBusiness Wire•Oct 06, 2021•Xeris Pharmaceuticals, Strongbridge Biopharma
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Strongbridge Biopharma EPS misses by $0.08, beats on revenueSeeking Alpha•Aug 05, 2021•Strongbridge Biopharma
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Strongbridge Biopharma Plc Announces Commencement Of Mailing Of Proxy StatementGlobeNewswire•Aug 02, 2021•Strongbridge Biopharma
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Axogen adds John Johnson to board of directorsSeeking Alpha•Jul 19, 2021•AxoGen, Strongbridge Biopharma
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Halper Sadeh LLP Investigates SBBP, RFL, CLDB, MPB; Shareholders are Encouraged to Contact the FirmGlobeNewswire•Jul 08, 2021•Halper Sadeh, Strongbridge Biopharma, Xeris Pharmaceuticals, Rafael Holdings and 5 others
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Halper Sadeh LLP Investigates RAVN, RIVE, ESXB, ICON, SBBP; Shareholders are Encouraged to Contact the FirmPR Newswire•Jul 03, 2021•Halper Sadeh, Raven Industries, CNH Industrial, Riverview Bank and 7 others
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Halper Sadeh LLP Investigates FBNC, AVCO, XEC, CLDR, SBBP; Shareholders are Encouraged to Contact the FirmPR Newswire•Jun 16, 2021•Halper Sadeh, Strongbridge Biopharma, Cloudera, Coterra Energy and 2 others
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WeissLaw LLP Reminds SNX, MMAC, SBBP, and HRVSF Shareholders About Its Ongoing InvestigationsInvesting News•Jun 16, 2021•, MMA Capital Holdings, SYNNEX, Strongbridge Biopharma and 1 other
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