Cornerstone Therapeutics

Cary, United States Founded: 2003 • Age: 23 yrs Acquired By Chiesi Pharmaceuticals
Pharmaceutical products for respiratory markets are developed and commercialized.
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About Cornerstone Therapeutics

Cornerstone Therapeutics is a company based in Cary (United States) founded in 2003 was acquired by Chiesi Pharmaceuticals in February 2014.. The company has 318 employees as of December 31, 2022. Cornerstone Therapeutics has completed 2 acquisitions, including Cardiokine and EKR Therapeutics. Cornerstone Therapeutics operates in a competitive market with competitors including aTyr Pharma, ReCode Therapeutics, GEn1E, Enterprise Therapeutics and Ikaria, among others.

  • Headquarter Cary, United States
  • Employees 318 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $30 M (USD), Debt – Conventional

    Jul 02, 2012

  • Investors
  • Employee Count
    318

    as on Dec 31, 2022

  • Investments & Acquisitions
    Cardiokine

    & 1 more

  • Acquired by
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Funding Insights of Cornerstone Therapeutics

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $30.0M
  • First Round

    (02 Jul 2012)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2012 Amount Debt – Conventional - Cornerstone Therapeutics 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 Cornerstone Therapeutics

Cornerstone Therapeutics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chiesi Pharmaceuticals. 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
Institutional
Investor Description Founded Year Domain Location
Developer of drugs for respiratory, neonatology, rare disease and special care therapeutic areas
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 Cornerstone Therapeutics

Cornerstone Therapeutics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cardiokine and EKR Therapeutics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Oncology supportive care and generic products are manufactured and commercialized.
2005
Pharmaceuticals for cardiovascular disease prevention and treatment are developed.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cornerstone Therapeutics

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

Cornerstone Therapeutics Comparisons

Employees
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Competitors of Cornerstone Therapeutics

Cornerstone 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 aTyr Pharma, ReCode Therapeutics, GEn1E, Enterprise Therapeutics and Ikaria, 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
Protein biologics are developed for treating rare diseases.
domain founded_year HQ Location
Precision medicines for lung-related diseases are developed.
domain founded_year HQ Location
Developer of therapeutics for the treatment of inflammatory and rare diseases
domain founded_year HQ Location
Developer of therapeutic solutions for the treatment of respiratory diseases such as cystic fibrosis
domain founded_year HQ Location
Therapies for respiratory-related cardiopulmonary disorders are developed.
domain founded_year HQ Location
Respiratory disease drugs for asthma and COPD are developed.
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 Cornerstone Therapeutics

Frequently Asked Questions about Cornerstone Therapeutics

When was Cornerstone Therapeutics founded?

Cornerstone Therapeutics was founded in 2003 and raised its 1st funding round 9 years after it was founded.

Where is Cornerstone Therapeutics located?

Cornerstone Therapeutics is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.

How many employees does Cornerstone Therapeutics have?

As of Dec 31, 2022, the latest employee count at Cornerstone Therapeutics is 318.

What does Cornerstone Therapeutics do?

Cornerstone acquired by Chiesi Farmaceutici SpA is a pharmaceutical firm with five marketed products. The products include ZYFLO, an orally ingested treatment for asthma, CARDENE (nicardipine), an injected treatment for hypertension, CUROSURF which is a lung surfactant used for the treatment of Respiratory Distress Syndrome (RDS) in infants, PERTZE that is used to treat exocrine pancreatic insufficiency (EPI), BETHKIS another CF-related treatment (for Pseudomonas aeruginosa - PA) and generic version of Tussionex (an allergy treatment).

Who are the top competitors of Cornerstone Therapeutics?

Cornerstone Therapeutics's top competitors include aTyr Pharma, ReCode Therapeutics and Pulmatrix.

How many acquisitions has Cornerstone Therapeutics made?

Cornerstone Therapeutics has made 2 acquisitions, including Cardiokine, and EKR Therapeutics.

Who are Cornerstone Therapeutics's investors?

Cornerstone Therapeutics has 1 investor. Key investors include Chiesi Pharmaceuticals.

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