Crinetics

San Diego, United States Founded: 2008 • Age: 18 yrs Listed Acquired By Vertex Pharmaceuticals
Developer of therapies for the treatment of endocrine-related diseases and cancers

About Crinetics

Crinetics is a publicly listed company based in San Diego (United States) founded in 2008 by Scott Struthers, and was acquired by Vertex Pharmaceuticals in July 2026. Crinetics has raised $103.5 million across 19 funding rounds from investors including Vertex Pharmaceuticals, NIH and HHS. The company has 437 employees. Its chief executive, as recorded, is Scott Struthers. Its website crinetics.com draws about 22 thousand monthly visits. Crinetics offers products and services including Paltusotine, Atumelnant, and CRN09682. Its focus areas include Life Sciences, Metabolic Diseases, Drugs and Endocrine disorders. Its legal entity is Crinetics Pharmaceuticals, Inc. Its competitors include Neurocrine, MBX Biosciences and Radionetics; 3 of its 3 listed competitors have raised funding.

Company details

Developer of therapies for the treatment of endocrine-related diseases and cancers. The company focuses on the development of drugs for endocrine disorders and cancers in the areas of neuroendocrinology, reproductive medicine, and womens health. Its lead candidate is CRN04777, an oral SST5 agonist for hypoglycemia.

  • Headquarters San Diego, United States
  • Employees 437
  • Founders Scott Struthers
  • Stage Public
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Website crinetics.com
  • Social LinkedIn X Facebook YouTube
  • Acquired by Vertex Pharmaceuticals (Jul 2026)
  • Legal Name Crinetics Pharmaceuticals, Inc.
Operational Areas
Key Metrics
  • Annual Revenue
    $1.04 M (USD)
    -74.11
    as on Dec 31, 2024
  • Net Profit
    -$298.41 M (USD)
    -39.1
    as on Dec 31, 2024
  • EBITDA
    -$336.07 M (USD)
    -51.72
    as on Dec 31, 2024
  • Total Equity Funding
    $103.5M (USD)

    in 19 rounds

  • Latest Funding Round
    $350M (USD), Post-IPO

    Mar 2024

  • Investors
  • Employee Count
    437
  • Acquired by

Products & Services of Crinetics

Crinetics offers a comprehensive portfolio of products and services, including Paltusotine, Atumelnant, and CRN09682.

Paltusotine
SST2 Agonist

Therapy for acromegaly and carcinoid syndrome treatment

Atumelnant
Oral ACTH Antagonist

Treatment for congenital adrenal hyperplasia

CRN09682
Non-Peptide Drug Conjugate

Targets neuroendocrine tumors and SST2-expressing cancers

Apps and channels of Crinetics

its YouTube channel Crinetics Pharmaceuticals has 97 subscribers and 25 videos.

Crinetics Pharmaceuticals
YouTube 97 subscribers 25 videos Nonprofits & Activism
Open channel

Videos from Crinetics

The most watched videos on Crinetics's YouTube channel, Crinetics Pharmaceuticals (97 subscribers). Click a video to play it here.

About Us Crinetics Pharmaceuticals
1.3K views
Clinical Trials - The Voices of Acromegaly
1.1K views
Crinetics Paltusotine MOA
643 views
Acromegaly Patient Spotlight: Meet Risa
457 views

More on Crinetics Pharmaceuticals.

Funding Insights of Crinetics

Crinetics has successfully raised a total of $103.5M across 19 strategic funding rounds. The most recent funding activity was a Post-IPO round of $350 million completed in March 2024. 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 $103.5M
  • Total Rounds 19
  • Last Round Post-IPO β€” $350M
  • Investors Count 13

Latest 10 of 19 funding rounds of Crinetics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$350MPost-IPO––
–
Jul 2021$15MPost-IPO––
Feb 2018$63.5MSeries B–Perceptive Advisors
Sep 2017$299,510Grant––
Aug 2017$2.19MGrant––
Nov 2015$40MSeries A–5AM Ventures, Versant Ventures
–
Apr 2015$2.7MGrant––
Apr 2015$326,121Grant––
Jan 2015$1.5MGrant––
Apr 2014Grant––
Valuation history

14 investors in total: 14 institutional.

Investors in Crinetics

Crinetics has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Vertex Pharmaceuticals, NIH and HHS.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Healthcare sector private equity investments are managed by the firm.
1991frazierhealthcare.comSeattle, United States
Health-tech companies are targeted for venture capital investments.
1999perceptivelife.comNew York, United States
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
1989orbimed.comNew York, United States
Venture capital fund backed incubator focused on the healthcare startups
5amventures.comSan Francisco, United States
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999.
versantventures.com
Venture capital and private equity firm
vivocapital.comPalo Alto, United States
RA Capital is engaged in evidence-based investing in healthcare and life sciences.
2004racap.comBoston, United States
Public health and human services are overseen by HHS.
1953hhs.gov
Research on neurological disorders and stroke is conducted and funded.
ninds.nih.govBethesda, United States
Child health and human development services are provided nationwide.
1962nichd.nih.govBethesda, United States
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Investor details for Crinetics

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People of Crinetics

172 people are tracked at Crinetics (100 in leadership, 13 in board & advisors, 59 in team); the tracked headcount is 437.

NameRoleGroup
Scott Struthers
Founder & CEOLeadership
Imaobong Vanderpool
Director Of Field Medical ExcellenceLeadership
Cosina Mui
Director, Clinical OperationsLeadership
Adriana Cabré
Chief Human Resources OfficerLeadership
Niccole Le
Chief Of Staff To The COO & Head Of Alliance ManagementLeadership
Ron Sullivan
Associate Director Quality AssuranceLeadership
Aby Augustine M.D.
Senior Medical Director - Pharmacovigilance ( Ta- Endocrine Disorders & Oncology)Leadership
Daria Davis Yatak Pharmd
Regional Medical Affairs Director, South CentralLeadership
Marc Wilson
Chief Financial OfficerLeadership
CJ Woodworth
Executive Administrator to the CEO & Executive LeadLeadership
Kika Teudt
Senior Director, Regulatory AffairsLeadership
Darren Allender
Director Project Management, CommercializationLeadership
Vandana Chawla
Senior Director, R&D CounselLeadership
Knikki Childs Pendleton
Executive Director, Field MedicalLeadership
Quyen Doan
Sr. Director, Talent Acquisition & New Employee ExperienceLeadership
Taylor Hindle
Associate Director, Human Resources Business PartnerLeadership
Rhianna Laker
DirectorLeadership
Jacob McCracken
VP Financial Planning & AnalysisLeadership
Eyad Elseidny
Associate Director, Human Resources Business PartnerLeadership
Natalie Rossingnol
VP, Project & Portfolio ManagementLeadership

152 more people are available in the full profile.

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Complete people profiles for Crinetics

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IPO & Listings of Crinetics

Crinetics is a publicly listed company on the NASDAQ with ticker symbol CRNX in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date18 Jul 2018
  • Listed onNASDAQ: CRNX
  • Listed entityCrinetics Pharmaceuticals, Inc.
  • Exchange sectorHealth technology
  • ISINUS22663K1079
  • Share price$37.48 (-13.82% on the day) · 2026-05-11
  • Market capitalisation$3.95B
  • EPS (diluted, trailing year)$-5.13
  • Volume (last session)4,707,630
  • Analyst consensusStrong buy

Financials of Crinetics

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2024$1.0M-$298.4M-$336.1M
2023$4.0M-$214.5M-$221.5M
2022$4.7M-$163.9M-$166.5M
2021$1.1M-$107.6M-$106.4M
2020-$73.8M-$73.8M
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Detailed financial statements for Crinetics

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Crinetics

5 dated milestones of Crinetics across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Crinetics is founded.
  2. Funding First funding round.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $350.0M.
  5. Exit Acquired by Vertex Pharmaceuticals.

Competitors of Crinetics

Crinetics has 3 listed competitors in our database, 3 of them funded. They include Neurocrine, MBX Biosciences and Radionetics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
neurocrine.com1992San Diego, United States$10M1,400
Developer of small molecule therapeutics for endocrine and CNS disorders
mbxbio.com2018Carmel, United States$215.6M11
Drugs for rare endocrine diseases are developed and advanced.
radionetics.com2021San Diego, United States$136.71M
Peptide-targeted radiopharmaceuticals for cancer treatment are developed.
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Detailed competitors of Crinetics

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Web traffic of Crinetics

The website of Crinetics (crinetics.com) receives about 21.7K visits a month and ranks #1,355,406 among all websites worldwide, #1,757 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    21.7K

    ▼ 8.9% vs previous month

  • Unique visitors
    8.4K

    per month

  • Global rank
    #1,355,406

    among all websites

  • Category rank
    #1,757

    Health · Biotechnology and Pharmaceuticals

Similar websites

Websites whose visitors overlap most with Crinetics. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ambrx.com
100%
1.7K#3,844,291View details
ajibio-pharma.com
98%
4.7K#3,787,378View details
btsresearch.com
94%
View details
bioagilytix.com
93%
41.6K#919,146View details
aspenneuroscience.com
93%
6.1K#2,537,044View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Crinetics

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Top companies in Metabolic Diseases

3 companies that operate in the same segment as Crinetics (Metabolic Diseases) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Satiety induction through digestable gastric balloon introduced via a swallowed capsule
2009Wellesley, Massachusetts, United StatesUSD 174.04 MUSD 32.11 M137
Developer of peptide therapeutics for the treatment of rare genetic deficiencies
2010Boston, Massachusetts, United StatesUSD 84 MUSD 189.76 M283
Developer of small-molecule drugs
1991Los Angeles, California, United StatesUSD 50 MUSD 348.97 M407
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Related news about Crinetics

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Complete news archive for Crinetics

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Frequently Asked Questions about Crinetics

Crinetics was founded in 2008 and raised its 1st funding round 1 year after it was founded.

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

Scott Struthers is the CEO of Crinetics, as recorded in our data. They have also founded this company.

Crinetics is a funded company, having raised a total of $103.5M across 19 funding rounds to date.

Crinetics has 437 employees.

Annual revenue of Crinetics is $1.04M as on Dec 31, 2024.

Developer of therapies for the treatment of endocrine-related diseases and cancers. The company focuses on the development of drugs for endocrine disorders and cancers in the areas of neuroendocrinology, reproductive medicine, and womens health. Its lead candidate is CRN04777, an oral SST5 agonist for hypoglycemia.

Crinetics's top competitors include Neurocrine, MBX Biosciences and Radionetics.

Crinetics offers Paltusotine, Atumelnant, and CRN09682.

Yes, Crinetics is publicly traded on NASDAQ under the ticker symbol CRNX.

Crinetics has 14 investors. Key investors include Vertex Pharmaceuticals, NIH, HHS, Orbimed, and RA Capital.

Crinetics operates through Crinetics Pharmaceuticals, Inc..

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