Abide Therapeutics

San Diego, United States Founded: 2011 • Age: 15 yrs Acquired By Lundbeck
Serine hydrolase inhibitors are developed for pain management.
Annual revenue - Latest available
Total funding $12.2M 2 rounds
Employees 47 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Abide Therapeutics

Abide Therapeutics is a company based in San Diego (United States) founded in 2011 was acquired by Lundbeck in May 2019. Abide Therapeutics has raised $12.2 million across 2 funding rounds from investors including Lundbeck and Cardinal Partners. The company has 47 employees as of December 31, 2017. Abide Therapeutics operates in a competitive market with competitors including Flexion Therapeutics, Cara Therapeutics, Eliem Therapeutics, Ethypharm and Zogenix, among others.

  • Headquarter San Diego, United States
  • Employees 47 as on 31 Dec, 2017
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.2 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Feb 28, 2014

  • Investors
    Lundbeck

    & 1 more

  • Employee Count
    47

    as on Dec 31, 2017

  • Acquired by
    Lundbeck

    (May 06, 2019)

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Funding Insights of Abide Therapeutics

Abide Therapeutics has successfully raised a total of $12.2M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in February 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Abide Therapeutics

Abide Therapeutics has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Lundbeck and Cardinal Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Life science & tech focused VC firm investing in early stage companies in the US
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Drugs for CNS disorders are developed and advanced.
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Investor details for Abide Therapeutics

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Investments & Acquisitions by Abide Therapeutics

Investments
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Financial Statements - Abide Therapeutics

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Abide Therapeutics Comparisons

Abide Therapeutics Primary company
Description
Serine hydrolase inhibitors are developed for pain managemen...
Location
San Diego, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
47
As of 2017
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Peer comparison for Abide Therapeutics

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Competitors of Abide Therapeutics

Abide Therapeutics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flexion Therapeutics, Cara Therapeutics, Eliem Therapeutics, Ethypharm and Zogenix, among others.

Company Name Domain Founded year HQ Location Description
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Developer of therapies for the treatment of musculoskeletal disorders
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Developer of therapeutics for pain relief and inflammatory diseases
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Develops antibody-based treatments for autoimmune and inflammatory disorders.
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Therapies for pain and addiction treatment are developed.
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Drug delivery systems for CNS disorders and pain are developed.
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Reformulated injectables for chemotherapy side effects and pain are developed.
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Detailed competitors of Abide Therapeutics

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Latest news on Abide Therapeutics

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Frequently Asked Questions about Abide Therapeutics

Abide Therapeutics was founded in 2011.

Abide Therapeutics is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Abide Therapeutics is a funded company, having raised a total of $12.2M across 2 funding rounds to date.

As of Dec 31, 2017, the latest employee count at Abide Therapeutics is 47.

Abide Therapeutics investigates serine hydrolase inhibitors for pain management. It uses a proprietary drug development platform to generate lead molecules for inhibition of serine hydrolase activity. Its lead candidate targets monoacylglycerol lipase, a type of serine hydrolase, in the endocannabinoid system. It mimics the analgesic effects of marijuana without affecting cognition and is currently in phase I clinical trials.

Abide Therapeutics's top competitors include Flexion Therapeutics, Cara Therapeutics and Trevena.

Abide Therapeutics has 2 investors. Key investors include Lundbeck, and Cardinal Partners.

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