Eupraxia Pharmaceuticals

Vancouver, Canada Founded: 2012 • Age: 14 yrs Listed
Sustained-release drug delivery platform for osteoarthritis therapies is developed.

About Eupraxia Pharmaceuticals

Eupraxia Pharmaceuticals is a publicly listed company based in Vancouver (Canada) founded in 2012 by James Helliwell. Sustained-release drug delivery platform for osteoarthritis therapies is developed. Eupraxia Pharmaceuticals has raised $2.44 million across 10 funding rounds from investors including SVB and National Research Council Canada. Its chief executive, as recorded, is James Helliwell. Its focus areas include HealthTech, Veterinary HealthTech, Biopharmaceuticals and Companion Animals.

Company details

Eupraxia Pharmaceuticals is a pharmaceutical company that has a proprietary drug delivery platform. The technology encapsulates pharmaceutical microparticles in a customizable polymer shell that can extend drug release from days to months. The company works on the existing drugs and uses its injectable drug delivery platform for targeted therapies. It also has preclinical and development phase candidates for chronic pain, anesthesia, diabetic macular edema, and infections. The companys lead product candidate, EP-104IAR (phase I clinical trial) is a sustained-release product of the anti-inflammatory, fluticasone propionate for pain relief for patients with osteoarthritis. It also has a phase 1 candidate for veterinary health. In 2016, the company has entered into a license agreement with Auritec under which Eupraxia licensed the Plexis platform technology and intellectual property rights from Auritec for the sustained delivery of corticosteroids.

  • Headquarters Vancouver, Canada
  • Founders James Helliwell
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website eupraxiapharma.com
  • Social LinkedIn X
  • Legal Name Eupraxia Pharmaceuticals, Inc.
Key Metrics
  • Net Profit
    -$39.37 M (USD)
    -54.28
    as on Dec 31, 2025
  • EBITDA
    -$38.98 M (USD)
    -45.19
    as on Dec 31, 2025
  • Total Equity Funding
    $2.44M (USD)

    in 10 rounds

  • Latest Funding Round
    $32M (USD), Post-IPO

    Oct 2024

  • Investors
    SVB

    & 1 more

Funding Insights of Eupraxia Pharmaceuticals

Eupraxia Pharmaceuticals has successfully raised a total of $2.44M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $32 million completed in October 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 $2.44M
  • Total Rounds 10
  • Last Round Post-IPO β€” $32M
  • First Round $10,139

    (Aug 2012)

  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2024$32MPost-IPO––
–
Aug 2023$16.47MPost-IPO––
–
Nov 2021$700,000Grant––
Jun 2021$8.02MPost-IPO––
Apr 2017$1.97MSeed––
–
Apr 2016$37,951Seed––
–
Sep 2013$24,277Seed––
–
Jul 2013$23,782Seed––
–
Dec 2012$376,848Seed––
–
Aug 2012$10,139Seed––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Eupraxia Pharmaceuticals

Eupraxia Pharmaceuticals has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SVB and National Research Council Canada.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Scientific and technological research is conducted for Canada's benefit.
1916nrc.canada.caOttawa, Canada
Banking services are provided to innovative companies, investors, and individuals.
1983svb.comSanta Clara, United States
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Investor details for Eupraxia Pharmaceuticals

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People of Eupraxia Pharmaceuticals

1 people are tracked at Eupraxia Pharmaceuticals (1 in leadership).

NameRoleGroup
James Helliwell
Founder & CEOLeadership
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IPO & Listings of Eupraxia Pharmaceuticals

Eupraxia Pharmaceuticals is a publicly listed company on the TSX with ticker symbol EPRX in Canada, 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 date03 Aug 2021
  • Listed onNASDAQ: EPRX
  • Listed entityEupraxia Pharmaceuticals, Inc.
  • Exchange sectorHealth technology
  • ISINCA29842P1053
  • Share price9.59 CAD (-9.78% on the day) · 2026-10-13
  • Market capitalisation632,044,606.00 CAD
  • EPS (diluted, trailing year)-1.36 CAD
  • Volume (last session)157,322

Financials of Eupraxia Pharmaceuticals

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025-53.9M CAD-53.4M CAD
2024-34.9M CAD-36.8M CAD
2023-38.1M CAD-37.7M CAD
2022-23.3M CAD-23.4M CAD
2021-23.0M CAD-18.4M CAD
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Detailed financial statements for Eupraxia Pharmaceuticals

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Timeline of Eupraxia Pharmaceuticals

4 dated milestones of Eupraxia Pharmaceuticals across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Eupraxia Pharmaceuticals is founded.
  2. Funding First funding round of $10K.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $32.0M.

Web traffic of Eupraxia Pharmaceuticals

The website of Eupraxia Pharmaceuticals (eupraxiapharma.com) receives about 2.9K visits a month.

  • Monthly visits
    2.9K

    ▲ 21.2% vs previous month

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Related news about Eupraxia Pharmaceuticals

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Frequently Asked Questions about Eupraxia Pharmaceuticals

Eupraxia Pharmaceuticals was founded in 2012.

Eupraxia Pharmaceuticals is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

James Helliwell is the CEO of Eupraxia Pharmaceuticals, as recorded in our data. They have also founded this company.

Eupraxia Pharmaceuticals is a funded company, having raised a total of $2.44M across 10 funding rounds to date. The company's 1st funding round was a Seed of $10.14K, raised on Aug 2012.

Eupraxia Pharmaceuticals is a pharmaceutical company that has a proprietary drug delivery platform. The technology encapsulates pharmaceutical microparticles in a customizable polymer shell that can extend drug release from days to months. The company works on the existing drugs and uses its injectable drug delivery platform for targeted therapies. It also has preclinical and development phase candidates for chronic pain, anesthesia, diabetic macular edema, and infections. The companys lead product candidate, EP-104IAR (phase I clinical trial) is a sustained-release product of the anti-inflammatory, fluticasone propionate for pain relief for patients with osteoarthritis. It also has a phase 1 candidate for veterinary health. In 2016, the company has entered into a license agreement with Auritec under which Eupraxia licensed the Plexis platform technology and intellectual property rights from Auritec for the sustained delivery of corticosteroids.

Yes, Eupraxia Pharmaceuticals is publicly traded on TSX under the ticker symbol EPRX.

Eupraxia Pharmaceuticals has 2 investors. Key investors include SVB, and National Research Council Canada.

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