Innovate Biopharma

Raleigh, United States Founded: 2012 • Age: 14 yrs
Small molecule drugs and imaging agent for GI disorders
Annual revenue - Latest available
Total funding $48.6M 12 rounds
Employees - Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Innovate Biopharma

Innovate Biopharma is a company based in Raleigh (United States) founded in 2012. Innovate Biopharma has raised $48.58 million across 12 funding rounds. Innovate Biopharma has completed 1 acquisition, including RDD Pharma. Innovate Biopharma offers products and services including INN-202, INN-217, INN-289, and INN-108. Innovate Biopharma operates in a competitive market with competitors including Ironwood Pharma, ImaginAb, RedHill Biopharma, Alcresta and Seed, among others.

  • Headquarter Raleigh, United States
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $48.58 M (USD)

    in 12 rounds

  • Latest Funding Round
    $2.75 M (USD), Debt – Conventional

    Jan 17, 2020

  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Innovate Biopharma

Innovate Biopharma offers a comprehensive portfolio of products and services, including INN-202, INN-217, INN-289, and INN-108.

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Primary

Targets celiac disease treatment in Phase 3 trials.

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Addresses nonalcoholic steatohepatitis in early clinical stages.

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Focuses on Crohn’s disease subset in Phase 1 trials.

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Treats ulcerative colitis and other inflammatory disorders.

Funding Insights of Innovate Biopharma

Innovate Biopharma has successfully raised a total of $48.58M across 12 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.75 million completed in January 2020. 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.

Investments & Acquisitions by Innovate Biopharma

Innovate Biopharma has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RDD Pharma.

Investments
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Investment portfolio details for Innovate Biopharma

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Developing targeted therapeutics and delivery systems for anorectal and GI disorders
Locked Locked 2008 Locked
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Complete acquisition details for Innovate Biopharma

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Financial Statements - Innovate Biopharma

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Detailed financials for Innovate Biopharma

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Innovate Biopharma Comparisons

Innovate Biopharma Primary company
Description
Small molecule drugs and imaging agent for GI disorders
Location
Raleigh, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Innovate Biopharma

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Competitors of Innovate Biopharma

Innovate Biopharma 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, ImaginAb, RedHill Biopharma, Alcresta and Seed, among others.

Company Name Domain Founded year HQ Location Description
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Therapeutics for gastrointestinal disorders, including linaclotide, are developed.
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ImaginAb is focused on developing advanced immuno-oncology imaging technologies.
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Developer of therapeutics for the treatment of gastrointestinal and infectious diseases
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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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Therapeutics for gastrointestinal, cardio-renal, and metabolic diseases are developed.
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Detailed competitors of Innovate Biopharma

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Latest news on Innovate Biopharma

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Complete news archive for Innovate Biopharma

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Frequently Asked Questions about Innovate Biopharma

Innovate Biopharma was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Innovate Biopharma is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

Innovate Biopharma is a funded company, having raised a total of $48.58M across 12 funding rounds to date.

Innovate Biopharma was founded in 2012 in Raleigh, United States, as a clinical-stage biopharmaceutical company specializing in gastroenterology. The pipeline features INN-202, a tight junction regulator in phase 3 trials for celiac disease, and INN-108, a small molecule in phase 2 for inflammatory bowel disorders and mild to moderate ulcerative colitis. An imaging agent, INN-329 (secretin), is also advanced in phase 3 trials with MRCP for non-invasive pancreaticobiliary assessment.

Innovate Biopharma's top competitors include Ironwood Pharma, Ardelyx and RedHill Biopharma.

Innovate Biopharma offers INN-202, INN-217, INN-289, and INN-108.

Innovate Biopharma has made 1 acquisition, including RDD Pharma.

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