Alnara Pharmaceuticals

Cambridge, United States Founded: 2008 • Age: 18 yrs Acquired By Lilly
Protein therapeutics for metabolic diseases are developed orally.
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About Alnara Pharmaceuticals

Alnara Pharmaceuticals is a company based in Cambridge (United States) founded in 2008 was acquired by Lilly in July 2010.. Alnara Pharmaceuticals has raised $55 million across 2 funding rounds from investors including Lilly, Bessemer Venture Partners and Frazier Healthcare Partners. Alnara Pharmaceuticals operates in a competitive market with competitors including Rhythm Pharmaceuticals, MannKind Corp, NGM Biopharmaceuticals, Corcept and ViaCyte, among others.

  • Headquarter Cambridge, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Alnara Pharmaceuticals, Inc
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $55 M (USD)

    in 2 rounds

  • Latest Funding Round
    $35 M (USD), Series B

    Jan 28, 2010

  • Investors
    Lilly

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    Lilly

    (Jul 02, 2010)

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Funding Insights of Alnara Pharmaceuticals

Alnara Pharmaceuticals has successfully raised a total of $55M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in January 2010. 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.

  • Total Funding
  • Total Rounds 2
  • Last Round Series B — $35.0M
  • First Round

    (30 Oct 2008)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2010 Amount Series B - Alnara Pharmaceuticals Valuation MPM Capital
Oct, 2008 Amount Series A - Alnara Pharmaceuticals Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Alnara Pharmaceuticals

Alnara Pharmaceuticals has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Lilly, Bessemer Venture Partners and Frazier Healthcare Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
Founded Year Domain Location
Healthcare sector private equity investments are managed by the firm.
Founded Year Domain Location
Venture capital funding is provided to early-stage life science companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Alnara Pharmaceuticals

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Alnara Pharmaceuticals

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Alnara Pharmaceuticals Comparisons

Employees
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Competitors of Alnara Pharmaceuticals

Alnara Pharmaceuticals 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 Rhythm Pharmaceuticals, MannKind Corp, NGM Biopharmaceuticals, Corcept and ViaCyte, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of peptide therapeutics for the treatment of rare genetic deficiencies
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Developer of small-molecule drugs
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Biologics are developed for cardio-metabolic and liver diseases.
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Developer of cortisol modulators for the treatment of various diseases
domain founded_year HQ Location
Cell therapy for diabetes is developed from stem cells.
domain founded_year HQ Location
Developer of therapies for treating nonalcoholic steatohepatitis and other liver and metabolic disorders
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Alnara Pharmaceuticals

Lilly to Acquire Alnara Pharmaceuticals
Prnewswire15 years ago

Frequently Asked Questions about Alnara Pharmaceuticals

When was Alnara Pharmaceuticals founded?

Alnara Pharmaceuticals was founded in 2008.

Where is Alnara Pharmaceuticals located?

Alnara Pharmaceuticals is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Is Alnara Pharmaceuticals a funded company?

Alnara Pharmaceuticals is a funded company, having raised a total of $55M across 2 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Oct 30, 2008.

What does Alnara Pharmaceuticals do?

Alnara Pharmaceuticals was established in 2008 in Cambridge, United States, within the biotechnology sector. Novel protein therapeutics are developed for metabolic diseases, with operations centered on oral delivery to the gastrointestinal tract to bypass bloodstream absorption. The lead product, liprotamase, addresses cystic fibrosis and was licensed worldwide from the Cystic Fibrosis Foundation for development and commercialization. Acquisition by Eli Lilly took place in 2010 for 380 million USD.

Who are the top competitors of Alnara Pharmaceuticals?

Alnara Pharmaceuticals's top competitors include Rhythm Pharmaceuticals, MannKind Corp and Corcept.

Who are Alnara Pharmaceuticals's investors?

Alnara Pharmaceuticals has 5 investors. Key investors include Lilly, Bessemer Venture Partners, Frazier Healthcare Partners, Turmeric Acquisition Corp, and Third Rock Ventures.

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