Escient Pharmaceuticals

San Diego, United States Founded: 2017 • Age: 9 yrs Acquired By Incyte
Small molecule therapeutics for inflammatory diseases are developed.
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About Escient Pharmaceuticals

Escient Pharmaceuticals is a company based in San Diego (United States) founded in 2017 was acquired by Incyte in April 2024.. Escient Pharmaceuticals has raised $237.5 million across 3 funding rounds from investors including Incyte, TD Securities and Perceptive Advisors. The company has 44 employees as of December 31, 2021. Escient Pharmaceuticals offers products and services including EP262 and EP547. Escient Pharmaceuticals operates in a competitive market with competitors including Aclaris Therapeutics, Nimbus Therapeutics, Alpine Immune Sciences, Septerna and Upstream Bio, among others.

  • Headquarter San Diego, United States
  • Employees 44 as on 31 Dec, 2021
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Escient Pharmaceuticals, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $237.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $120 M (USD), Series C

    Nov 28, 2022

  • Investors
    Incyte

    & 14 more

  • Employee Count
    44

    as on Dec 31, 2021

  • Acquired by
    Incyte

    (Apr 23, 2024)

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Products & Services of Escient Pharmaceuticals

Escient Pharmaceuticals offers a comprehensive portfolio of products and services, including EP262 and EP547. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Antagonist for MRGPRX2 targeting chronic urticaria and mast cell disorders

Antagonist for MRGPRX4 treating cholestatic pruritus

People of Escient Pharmaceuticals
Headcount 10-50
Employee Profiles 11
Board Members and Advisors 12
Employee Profiles
People
Harry Dedman
Senior Research Associate 3
People
David Houck
VP, Chemistry Manufacturing Controls
People
Veena Viswanath
VP, Translational Biology & Drug Discovery
People
Brandon Selfridge
Principal Scientist, Chemistry

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Board Members and Advisors
people
Jason P. Hafler
Director
people
Andrew Schwab
Director
people
Charles Zuker
Director
people
Kevin Raidy
Director

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Funding Insights of Escient Pharmaceuticals

Escient Pharmaceuticals has successfully raised a total of $237.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $120 million completed in November 2022. 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 3
  • Last Round Series C — $120.0M
  • First Round

    (09 May 2018)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2022 Amount Series C - Escient Pharmaceuticals Valuation New Enterprise Associates , Abingworth
Sep, 2020 Amount Series B - Escient Pharmaceuticals Valuation Sanofi Ventures , Perceptive Advisors
May, 2018 Amount Series A - Escient Pharmaceuticals Valuation TCG , 5AM Ventures
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 Escient Pharmaceuticals

Escient Pharmaceuticals has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Incyte, TD Securities and Perceptive Advisors. 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 are offered to startups by NEA.
Founded Year Domain Location
Early stage venture capital firm investing in US
Founded Year Domain Location
Limited information is provided about Forge Life Science Partners.
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 Escient 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 - Escient 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

Escient Pharmaceuticals Comparisons

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Competitors of Escient Pharmaceuticals

Escient 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 Aclaris Therapeutics, Nimbus Therapeutics, Alpine Immune Sciences, Septerna and Upstream Bio, 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
Novel dermatologic therapies are developed for skin conditions.
domain founded_year HQ Location
Targeted therapeutics for cancer, metabolic, and inflammatory diseases are developed.
domain founded_year HQ Location
Developer of immunotherapies to treat cancer and autoimmune disorders
domain founded_year HQ Location
GPCR drug discovery platform is developed for multiple diseases.
domain founded_year HQ Location
Therapeutics for allergic and inflammatory diseases 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 Escient Pharmaceuticals

Frequently Asked Questions about Escient Pharmaceuticals

When was Escient Pharmaceuticals founded?

Escient Pharmaceuticals was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Escient Pharmaceuticals located?

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

Is Escient Pharmaceuticals a funded company?

Escient Pharmaceuticals is a funded company, having raised a total of $237.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $40M, raised on May 09, 2018.

How many employees does Escient Pharmaceuticals have?

As of Dec 31, 2021, the latest employee count at Escient Pharmaceuticals is 44.

What does Escient Pharmaceuticals do?

Escient Pharmaceuticals was founded in 2017 in San Diego, United States. Small molecule-based therapeutics are developed by the company within the pharmaceutical sector, targeting inflammatory diseases. G protein-coupled receptor (GPCR) drugs are pursued for treating neuro-immuno-inflammatory and autoreactive conditions. Operations center on drug development for these therapeutic areas, with a focus on broad-range applications in immunology and neurology.

Who are the top competitors of Escient Pharmaceuticals?

Escient Pharmaceuticals's top competitors include Nimbus Therapeutics, Alpine Immune Sciences and Gossamer Bio.

What products or services does Escient Pharmaceuticals offer?

Escient Pharmaceuticals offers EP262 and EP547.

Who are Escient Pharmaceuticals's investors?

Escient Pharmaceuticals has 15 investors. Key investors include Incyte, TD Securities, Perceptive Advisors, Abingworth, and The Column Group.

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