Longboard Pharmaceutical

San Diego, United States Founded: 2020 • Age: 6 yrs Acquired By Lundbeck
Therapeutic solutions for rare neurological diseases are developed.
Annual revenue - Latest available
Total funding $56.0M 1 rounds
Employees 50 Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Longboard Pharmaceutical

Longboard Pharmaceutical is a company based in San Diego (United States) founded in 2020 was acquired by Lundbeck in October 2024. Longboard Pharmaceutical has raised $56 million across 1 funding round from investors including T. Rowe Price, Lundbeck and Farallon Capital Management. The company has 50 employees as of February 29, 2024. Longboard Pharmaceutical offers products and services including GPCR Therapies. Longboard Pharmaceutical operates in a competitive market with competitors including Jazz Pharmaceuticals, Biogen, Neurocrine, PTC Therapeutics and Harmony Biosciences, among others.

  • Headquarter San Diego, United States
  • Employees 50 as on 29 Feb, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Longboard Pharmaceuticals, Inc.
Operational Areas
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
    -$54.42 M (USD)
    -24
    as on Dec 31, 2023
  • EBITDA
    -$56.76 M (USD)
    -27
    as on Dec 31, 2023
  • Total Equity Funding
    $56 M (USD)

    in 1 rounds

  • Latest Funding Round
    $56 M (USD), Series C

    Oct 28, 2020

  • Investors
  • Employee Count
    50

    as on Feb 29, 2024

  • Acquired by
    Lundbeck

    (Oct 14, 2024)

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Products & Services of Longboard Pharmaceutical

Longboard Pharmaceutical offers a comprehensive portfolio of products and services, including GPCR Therapies.

Product name locked
Category locked
Primary

Pipeline of neurological medicines targeting GPCR for rare diseases treatment.

People of Longboard Pharmaceutical

Headcount 10-50
Employee Profiles 8
Board Members and Advisors 4
Employee Profiles
People
Rosa Chan
Director
People
Gus Cardenas
VP & Head, Quality Assurance
People
Steven Spector
Head, Business Development & General Counsel
People
Cheryl Rasmussen
Executive Assistant To President & CEO

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Board Members and Advisors
people
Casey Lynch
Board Member
people
Jane Tiller
Board Member
people
Corinne Le Goff
Board Member
people
Phillip Schneider
Board Member

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Funding Insights of Longboard Pharmaceutical

Longboard Pharmaceutical has successfully raised a total of $56M through 1 strategic funding round. The most recent funding activity was a Series C round of $56 million completed in October 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.

Investors in Longboard Pharmaceutical

Longboard Pharmaceutical has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include T. Rowe Price, Lundbeck and Farallon Capital Management.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Late-stage life sciences investments are managed via VC and PE.
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Multiple investment strategies are pursued by this hedge fund.
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Diversified asset management services are provided to investors globally.
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Investments & Acquisitions by Longboard Pharmaceutical

Investments
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Investment portfolio details for Longboard Pharmaceutical

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Financial Statements - Longboard Pharmaceutical

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Longboard Pharmaceutical Comparisons

Longboard Pharmaceutical Primary company
Description
Therapeutic solutions for rare neurological diseases are dev...
Location
San Diego, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
-$54.42 M (USD)
EBITDA
-$56.76 M (USD)
Employees
50
As of 2024
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Competitors of Longboard Pharmaceutical

Longboard 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 Jazz Pharmaceuticals, Biogen, Neurocrine, PTC Therapeutics and Harmony Biosciences, among others.

Company Name Domain Founded year HQ Location Description
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Novel biopharmaceutical medicines are developed for unmet medical needs.
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Therapies for neurodegenerative and immunology disorders are developed.
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Developer of small molecule therapeutics for endocrine and CNS disorders
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Small molecule drugs for rare diseases are developed.
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Developer of therapeutics for rare neurological diseases
Locked Locked Locked
Therapies for neurological and neuropsychiatric diseases are developed.
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Detailed competitors of Longboard Pharmaceutical

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Latest news on Longboard Pharmaceutical

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Frequently Asked Questions about Longboard Pharmaceutical

Longboard Pharmaceutical was founded in 2020.

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

Kevin Lind is the current CEO of Longboard Pharmaceutical.

Longboard Pharmaceutical is a funded company, having raised a total of $56M across 1 funding round to date.

As of Feb 29, 2024, the latest employee count at Longboard Pharmaceutical is 50.

Provider of therapeutic solution for treating rare neurological diseases. The company proprietary pipeline includes LP352, which is a 5-HT2C for epileptic encephalopathies; LP143 which is a cannabinoid type 2 receptor (CB2), and LP659, which is a selective S1P receptor modulator and can be used in the treatment of Epilepsies, ALS, PD, and Multiple CNS neuroinflammatory disorders.

Longboard Pharmaceutical's top competitors include Jazz Pharmaceuticals, PTC Therapeutics and Neurocrine.

Longboard Pharmaceutical offers GPCR Therapies.

Longboard Pharmaceutical has 4 investors. Key investors include T. Rowe Price, Lundbeck, Farallon Capital Management, and HBM Partners.

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