La Jolla Pharmaceutical

San Diego, United States Founded: 1989 • Age: 37 yrs Acquired By Innoviva
Developer of therapies for treating hemochromatosis beta thalassemia
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About La Jolla Pharmaceutical

La Jolla Pharmaceutical is a company based in San Diego (United States) founded in 1989 was acquired by Innoviva in July 2022.. The company has 71 employees as of December 31, 2022. La Jolla Pharmaceutical has completed 1 acquisition, including Tetraphase Pharmaceuticals. La Jolla Pharmaceutical offers products and services including GIAPREZA, XERAVA, XACDURO, and ZOLIFLODACIN. La Jolla Pharmaceutical operates in a competitive market with competitors including Freeline, Disc Medicine, Keros Therapeutics, Jasper Therapeutics and Interius Biotherapeutics, among others.

  • Headquarter San Diego, United States
  • Employees 71 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Innoviva, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $75.72 M
    127
    as on Dec 31, 2021
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $125 M (USD), Debt – Conventional

    May 10, 2018

  • Investors
    Innoviva

    & 1 more

  • Employee Count
    71

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Innoviva

    (Jul 11, 2022)

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Products & Services of La Jolla Pharmaceutical

La Jolla Pharmaceutical offers a comprehensive portfolio of products and services, including GIAPREZA, XERAVA, XACDURO, and ZOLIFLODACIN. 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

Treatment for critical care conditions in patients.

Therapy for infectious diseases caused by bacteria.

Treatment for drug-resistant microorganisms.

Investigational therapy for gonorrhea infections.

People of La Jolla Pharmaceutical
Headcount 10-50
Employee Profiles 9
Board Members and Advisors 6
Employee Profiles
People
Marcie Cain
Chief People Officer
People
Steve Basso
Chief Financial Officer
People
Austin Rory Hackett, M.D.
Vice President, Business Development
People
Narciso Pacis Jr.
Senior Director of Accounting and Finance

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Board Members and Advisors
people
Deborah Birx
Independent Board Director, Chair Audit Committee

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Funding Insights of La Jolla Pharmaceutical

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $125.0M
  • First Round

    (18 Apr 2011)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2018 Amount Debt – Conventional - La Jolla Pharmaceutical Valuation

investors

Oct, 2013 Amount Post-IPO - La Jolla Pharmaceutical Valuation

investors

Apr, 2011 Amount Post-IPO - La Jolla Pharmaceutical Valuation

investors

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 La Jolla Pharmaceutical

La Jolla Pharmaceutical has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Innoviva and HealthCare Royalty Partners. 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
Healthcare royalty investments are focused on US and UK markets.
Founded Year Domain Location
Respiratory prescription drugs are developed and in-licensed for COPD treatment.
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 La Jolla Pharmaceutical

La Jolla Pharmaceutical has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tetraphase Pharmaceuticals. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Tetracycline analogs are developed for multidrug-resistant bacterial infections.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - La Jolla Pharmaceutical

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

La Jolla Pharmaceutical Comparisons

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Competitors of La Jolla Pharmaceutical

La Jolla Pharmaceutical 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 Freeline, Disc Medicine, Keros Therapeutics, Jasper Therapeutics and Interius Biotherapeutics, 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
Gene therapy platform is developed for chronic disease treatments.
domain founded_year HQ Location
Developer of therapeutics for the treatment of hematologic diseases
domain founded_year HQ Location
Small molecules are developed to treat hematologic and musculoskeletal disorders.
domain founded_year HQ Location
Developer of therapeutics for chronic diseases by targeting mast cells and stem cells
domain founded_year HQ Location
Developer of gene therapies for treating multiple diseases
domain founded_year HQ Location
Cancer therapeutics are developed using targeted gene editing platforms.
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 La Jolla Pharmaceutical

Frequently Asked Questions about La Jolla Pharmaceutical

When was La Jolla Pharmaceutical founded?

La Jolla Pharmaceutical was founded in 1989 and raised its 1st funding round 22 years after it was founded.

Where is La Jolla Pharmaceutical located?

La Jolla Pharmaceutical is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Who is the current CEO of La Jolla Pharmaceutical?

Larry Edwards is the current CEO of La Jolla Pharmaceutical.

How many employees does La Jolla Pharmaceutical have?

As of Dec 31, 2022, the latest employee count at La Jolla Pharmaceutical is 71.

What is the annual revenue of La Jolla Pharmaceutical?

Annual revenue of La Jolla Pharmaceutical is $75.72M as on Dec 31, 2021.

What does La Jolla Pharmaceutical do?

La Jolla Pharmaceutical is developing therapies for treating life-threatening diseases. The companys lead product candidate, LJPC-401 is its a formulation of synthetic human hepcidin (peptide hormones) for the potential treatment of hemochromatosis, and beta thalassemia. Its in phase II clinical trials. Other candidates of the company include LJPC-30Sa and LJPC-30Sb, are next-generation gentamicin derivatives for the treatment of bacterial infections and rare genetic disorders, LJPC-501 is its proprietary formulation of angiotensin II for treating catecholamine-resistant hypotension and hepatorenal syndrome.

Who are the top competitors of La Jolla Pharmaceutical?

La Jolla Pharmaceutical's top competitors include Keros Therapeutics, Disc Medicine and Freeline.

What products or services does La Jolla Pharmaceutical offer?

La Jolla Pharmaceutical offers GIAPREZA, XERAVA, XACDURO, and ZOLIFLODACIN.

How many acquisitions has La Jolla Pharmaceutical made?

La Jolla Pharmaceutical has made 1 acquisition, including Tetraphase Pharmaceuticals.

Who are La Jolla Pharmaceutical's investors?

La Jolla Pharmaceutical has 2 investors. Key investors include Innoviva, and HealthCare Royalty Partners.

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