IVERIC bio

New York, United States Founded: 2007 • Age: 19 yrs Acquired By Astellas Pharma
Gene therapy solutions for retinal diseases are developed.
Annual revenue - Latest available
Total funding $206.8M 10 rounds
Employees 94 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About IVERIC bio

IVERIC bio is a company based in New York (United States) founded in 2007 was acquired by Astellas Pharma in April 2023. IVERIC bio has raised $206.77 million across 10 funding rounds from investors including Blackstone, Astellas Pharma and Novo Holdings. The company has 94 employees as of December 31, 2021. IVERIC bio operates in a competitive market with competitors including BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, among others.

  • Headquarter New York, United States
  • Employees 94 as on 31 Dec, 2021
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies 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
    $206.77 M (USD)

    in 10 rounds

  • Latest Funding Round
    $11.4 M (USD), Private Equity Round

    Oct 30, 2018

  • Investors
    Blackstone

    & 3 more

  • Employee Count
    94

    as on Dec 31, 2021

  • Acquired by
    Astellas Pharma

    (Apr 29, 2023)

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People of IVERIC bio

Headcount 50-200
Employee Profiles 43
Board Members and Advisors 1
Employee Profiles
People
Darah Biddle
Regional Business Director, Mid-atlantic
People
Jennifer Dindial
Territory Business Manager
People
Adena Hejl
Territory Business Manager
People
Morgan Miller
Territory Business Manager

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Board Members and Advisors
people
David R. Lally
Scientific Advisor

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Funding Insights of IVERIC bio

IVERIC bio has successfully raised a total of $206.77M across 10 strategic funding rounds. The most recent funding activity was a Private Equity Round of $11.4 million completed in October 2018. 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.

Investors in IVERIC bio

IVERIC bio has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone, Astellas Pharma and Novo Holdings.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and venture capital fund focused on the healthcare sector
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Venture capital fund focused on early-stage healthcare startups
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Diversified investment management is provided across multiple asset classes.
Locked Locked Locked
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Investor details for IVERIC bio

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Investments & Acquisitions by IVERIC bio

Investments
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Investment portfolio details for IVERIC bio

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Financial Statements - IVERIC bio

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Detailed financials for IVERIC bio

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Iveric Bio Comparisons

IVERIC bio Primary company
Description
Gene therapy solutions for retinal diseases are developed.
Location
New York, United States
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
94
As of 2021
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Peer comparison for IVERIC bio

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Competitors of IVERIC bio

IVERIC bio 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 BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Therapeutics for genetic diseases are developed through targeted interventions.
Locked Locked Locked
Gene therapies for rare diseases including retinal dystrophies are developed.
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RNA interference-based therapeutics are developed for multiple disorders.
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A biopharmaceutical company accelerating innovative mental health treatments.
Locked Locked Locked
An AI-enabled platform is developed for infectious disease treatment.
Locked Locked Locked
Therapeutics for rare and ultra-rare metabolic diseases are developed.
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Detailed competitors of IVERIC bio

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Latest news on Iveric Bio

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Frequently Asked Questions about IVERIC bio

IVERIC bio was founded in 2007.

IVERIC bio is headquartered in New York, United States. It is registered at New York, New York, United States.

IVERIC bio is a funded company, having raised a total of $206.77M across 10 funding rounds to date.

As of Dec 31, 2021, the latest employee count at IVERIC bio is 94.

IVERIC bio was founded in 2007 in New York, United States, within the biotechnology sector. Focus is placed on gene therapies targeting retinal conditions. Operations involve advancing candidates such as Zimura, which addresses age-related macular degeneration, and IC-100, a mutation-independent therapy using an AAV5 vector. This approach reduces toxic rhodopsin from mutated genes while introducing healthy protein via a single delivery system.

IVERIC bio's top competitors include Spark Therapeutics, BridgeBio and Forge Biologics.

IVERIC bio has 4 investors. Key investors include Blackstone, Astellas Pharma, Novo Holdings, and SV Health Investors.

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