About Furiex
Furiex is a company based in Morrisville (United States) founded in 2009 was acquired by Actavis in April 2014.. Furiex offers products and services including RINVOQ and TrenibotulinumtoxinE. Furiex operates in a competitive market with competitors including Ironwood Pharma, Ardelyx, RedHill Biopharma, Cosmo Pharmaceuticals and Alcresta, among others.
- Headquarter Morrisville, United States
- Stage Public
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Furiex Pharmaceuticals, Inc
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Products & Services of Furiex
Furiex offers a comprehensive portfolio of products and services, including RINVOQ and TrenibotulinumtoxinE. 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.
Treats adults with giant cell arteritis and other inflammatory conditions.
Addresses glabellar lines with rapid onset action.
Funding Insights of Furiex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Furiex
Furiex has secured backing from 1 investor. Prominent investors backing the company include Actavis. 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.
| Investor | Description | Founded Year | Domain | Location |
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Manufacturer of generic products
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Furiex
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Furiex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Furiex Comparisons
Competitors of Furiex
Furiex 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 Ironwood Pharma, Ardelyx, RedHill Biopharma, Cosmo Pharmaceuticals and Alcresta, 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 |
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| domain | founded_year | HQ Location |
Therapeutics for gastrointestinal disorders, including linaclotide, are developed.
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Therapeutics for gastrointestinal, cardio-renal, and metabolic diseases are developed.
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Developer of therapeutics for the treatment of gastrointestinal and infectious diseases
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Therapeutics for gastrointestinal diseases are developed and provided.
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Enzyme-based products for gastrointestinal disorders are developed using immobilization technology.
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Synbiotics are developed for simulating the gut microbiome.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Furiex
When was Furiex founded?
Furiex was founded in 2009.
Where is Furiex located?
Furiex is headquartered in Morrisville, United States.
What does Furiex do?
Furiex Pharmaceuticals was established in 2009 in Morrisville, United States, within the pharmaceutical sector. Focus was placed on developing eluxadoline, a mu opioid receptor agonist and delta opioid receptor antagonist, targeted at diarrhea-predominant irritable bowel syndrome. Two Phase III clinical trials were completed in 2014, meeting primary endpoints for stool consistency and abdominal pain improvements as agreed with FDA and EMA. Acquisition by Actavis occurred in 2014.
Who are the top competitors of Furiex?
Furiex's top competitors include Ironwood Pharma, Ardelyx and RedHill Biopharma.
What products or services does Furiex offer?
Furiex offers RINVOQ and TrenibotulinumtoxinE.
Who are Furiex's investors?
Furiex has 1 investor. Key investors include Actavis.
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