Elbion

Radebeul, Germany Founded: 2002 • Age: 24 yrs Acquired By Biotie
Small molecules for CNS and inflammatory diseases were discovered.

About Elbion

Elbion is a company based in Radebeul (Germany) founded in 2002 was acquired by Biotie in November 2008. Elbion has raised $45 million across 1 funding round from investors including 3i Group, Biotie and Burrill and Company. Elbion has completed 1 acquisition, including DrugAbuse Sciences.

Key Metrics
  • Total Equity Funding
    $45M (USD)

    in 1 rounds

  • Latest Funding Round
    $45M (USD), Series A

    Jan 2005

  • Investors
    3i Group

    & 3 more

  • Investments & Acquisitions
  • Acquired by
    Biotie

    (Nov 2008)

Funding Insights of Elbion

Elbion has successfully raised a total of $45M through 1 strategic funding round. The most recent funding activity was a Series A round of $45 million completed in January 2005. 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 $45M
  • Total Rounds 1
  • Last Round Series A β€” $45M
  • First Round $45M

    (Jan 2005)

  • Investors Count 3

All 1 funding rounds of Elbion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2005$45MSeries A––
Valuation history

4 investors in total: 4 institutional.

Investors in Elbion

Elbion has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include 3i Group, Biotie and Burrill and Company.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on mid-market businesses
19453i.comLondon, United Kingdom
Multi-category products are listed on an online B2B platform.
1994burrillandco.comWuxi, China
-
–dvcg.de-
Drugs for neurodegenerative and psychiatric disorders are developed by Biotie.
1998biotie.comTurku, Finland
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Investor details for Elbion

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Investments & Acquisitions by Elbion

Elbion has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DrugAbuse Sciences.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Therapies for alcohol and drug addictions are developed and commercialized.
drugabusesciences.comMenlo Park, United States1994Jan 2007β€’β€’β€’β€’
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Complete acquisition details for Elbion

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  • Deal sources
  • Complete history
  • Exports

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Timeline of Elbion

4 dated milestones of Elbion across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Elbion is founded.
  2. Funding First funding round of $45.0M.
  3. Acquisition Acquires DrugAbuse Sciences.
  4. Exit Acquired by Biotie.

Latest news on Elbion

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  • Source and publication date
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  • Brand-specific news history

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Similar companies to Elbion

10 companies that operate in the same segment as Elbion (Pharmaceuticals & Distribution), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Pharmaceutical products are manufactured and marketed worldwide.
1891Kenilworth, Warwickshire, United Kingdom–USD 64.93 B781
Therapeutics for neurology, oncology, rare, and endocrinology diseases are developed.
2014New York, New York, United StatesUSD 1.3 BUSD 8.26 M750
Developer of pharmaceutical products for treating multiple diseases
1980Thousand Oaks, California, United States–USD 33.23 B28,000
Biopharmaceutical research and drug development are conducted globally by AbbVie.
2012Chicago, Illinois, United States–USD 61.16 B55,000
Traditional pharmaceutical medicines are developed for multiple health fields.
1876United States–USD 65.18 B47,000
Developer of medicines to treat HIV/AIDS, liver diseases, cancer & others
1987Foster City, California, United States–USD 29.45 B17,600
Novel therapeutics are discovered using an AI-enabled drug platform.
2013New York, New York, United StatesUSD 456.66 MUSD 74.68 M–
Treatments for anemia and fibrosis by exploiting connective tissue growth factor (CTGF) and hypoxia-inducible factor (HIF) biology.
1993San Francisco, California, United StatesUSD 215.5 MUSD 29.62 M225
Developer of medical devices, generic pharmaceuticals, and nutrition products
1888Libertyville, Illinois, United States–USD 44.33 B3,710
Medicines and health products are retailed through pharmacy outlets.
2006Hyderabad, Telangana, IndiaUSD 268.78 MUSD 734.57 M25,010
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Frequently Asked Questions about Elbion

Elbion was founded in 2002 and raised its 1st funding round 3 years after it was founded.

Elbion is headquartered in Radebeul, Germany. It is registered at Radebeul, Saxony, Germany.

Elbion is a funded company, having raised a total of $45M across 1 funding round to date. The company's 1st funding round was a Series A of $45M, raised on Jan 2005.

Elbion was focussed on the discovery of small molecules against inflammatory and CNS diseases. Its drug discovery activities were focused on PDE inhibitors, adenosine antagonists and potassium channel modulators. It was co-developing its lead product, AWD 12-281 along with GSK for COPD and for atopic dermatitis. It was also developing ELB139, a subunit-specific GABA(A) agonist for the anxiety disorders and ELB353 for inflammatory diseases. In October 2008, Biotie acquired Elbion.

Elbion has made 1 acquisition, including DrugAbuse Sciences.

Elbion has 4 investors. Key investors include 3i Group, Biotie, Burrill and Company, and Deutsche Venture Capital.

Yes. Elbion was acquired by Biotie in November 2008.

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