Madrigal Pharmaceuticals

Conshohocken, United States Founded: 2011 • Age: 15 yrs Acquired By Synta Pharmaceuticals
Develops small molecule drugs for the treatment of cardiovascular and metabolic diseases and non-alcoholic steatohepatitis
Annual revenue $180.1M Latest available
Total funding $38.4M 2 rounds
Employees 528 Tracked headcount
Investors 1 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Madrigal Pharmaceuticals

Madrigal Pharmaceuticals is a company based in Conshohocken (United States) founded in 2011 was acquired by Synta Pharmaceuticals in April 2016. Madrigal Pharmaceuticals has raised $38.38 million across 2 funding rounds from investors including Madrigal. The company has 528 employees as of December 31, 2024. Madrigal Pharmaceuticals offers products and services including Rezdiffra. Madrigal Pharmaceuticals operates in a competitive market with competitors including NGM Biopharmaceuticals, Nimbus Therapeutics, Altimmune, Mirum Pharmaceuticals and Akero Therapeutics, among others.

  • Headquarter Conshohocken, United States
  • Employees 528 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Madrigal 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
    $180.13 M (USD)
    0
    as on Dec 31, 2024
  • Net Profit
    -$465.89 M (USD)
    -24.69
    as on Dec 31, 2024
  • EBITDA
    -$496.78 M (USD)
    -30.74
    as on Dec 31, 2024
  • Total Equity Funding
    $38.38 M (USD)

    in 2 rounds

  • Latest Funding Round
    $35 M (USD), Series A

    Jun 30, 2017

  • Investors
  • Employee Count
    528

    as on Dec 31, 2024

  • Acquired by
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IPO & Listings of Madrigal Pharmaceuticals

Madrigal Pharmaceuticals is a publicly listed company on the NASDAQ with ticker symbol MDGL in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: MDGL · Sector: Health technology · USA

Products & Services of Madrigal Pharmaceuticals

Madrigal Pharmaceuticals offers a comprehensive portfolio of products and services, including Rezdiffra.

Product name locked
Category locked
Primary

Treats NASH with moderate to advanced liver fibrosis.

People of Madrigal Pharmaceuticals

Headcount 10-50
Employee Profiles 283
Board Members and Advisors 6
Employee Profiles
People
Hetal Panchal
Sr. Director, Data Platform And Analytics
People
Pat Colliluori
Sr. Manager, Clinical Data Management
People
Jason Gay
Regional Business Director
People
Ron Marchessault
Vice President, Head Of Market Access

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Funding Insights of Madrigal Pharmaceuticals

Madrigal Pharmaceuticals has successfully raised a total of $38.38M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $35 million completed in June 2017. 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 Madrigal Pharmaceuticals

Madrigal Pharmaceuticals has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Madrigal.

All
Institutional
Investor Description Founded Year Domain Location
Small molecule drugs are developed for cancer and inflammatory diseases.
Locked Locked Locked
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Investor details for Madrigal Pharmaceuticals

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Investments & Acquisitions by Madrigal Pharmaceuticals

Investments
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Investment portfolio details for Madrigal Pharmaceuticals

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Financial Statements - Madrigal Pharmaceuticals

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Madrigal Pharmaceuticals Comparisons

Madrigal Pharmaceuticals Primary company
Description
Develops small molecule drugs for the treatment of cardiovas...
Location
Conshohocken, United States
Founded Year
2011
Annual Revenue
$180.13 M (USD)
Net Profit
-$465.89 M (USD)
EBITDA
-$496.78 M (USD)
Employees
528
As of 2024
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Peer comparison for Madrigal Pharmaceuticals

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Competitors of Madrigal Pharmaceuticals

Madrigal Pharmaceuticals 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 NGM Biopharmaceuticals, Nimbus Therapeutics, Altimmune, Mirum Pharmaceuticals and Akero Therapeutics, among others.

Company Name Domain Founded year HQ Location Description
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Biologics are developed for cardio-metabolic and liver diseases.
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Targeted therapeutics for cancer, metabolic, and inflammatory diseases are developed.
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Vaccines for infectious diseases and solid tumors are developed.
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Small molecule therapeutics are developed for rare diseases treatment.
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Small molecule therapeutics for metabolic disorders are developed.
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Detailed competitors of Madrigal Pharmaceuticals

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Latest news on Madrigal Pharmaceuticals

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Complete news archive for Madrigal Pharmaceuticals

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Frequently Asked Questions about Madrigal Pharmaceuticals

Madrigal Pharmaceuticals was founded in 2011 and raised its 1st funding round 5 years after it was founded.

Madrigal Pharmaceuticals is headquartered in Conshohocken, United States. It is registered at Conshohocken, Pennsylvania, United States.

Madrigal Pharmaceuticals is a funded company, having raised a total of $38.38M across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Madrigal Pharmaceuticals is 528.

Annual revenue of Madrigal Pharmaceuticals is $180.13M as on Dec 31, 2024.

Madrigal Pharmaceuticals was founded in 2011 and is headquartered in Conshohocken, United States. Operations are centered on the development of small molecule therapeutics targeting cardiovascular and metabolic diseases, including non-alcoholic steatohepatitis. The company focuses on advancing drug candidates through clinical stages within the biopharmaceutical sector, with activities spanning research, preclinical testing, and regulatory processes in the United States.

Madrigal Pharmaceuticals's top competitors include Nimbus Therapeutics, NGM Biopharmaceuticals and Akero Therapeutics.

Madrigal Pharmaceuticals offers Rezdiffra.

Yes, Madrigal Pharmaceuticals is publicly traded on NASDAQ under the ticker symbol MDGL.

Madrigal Pharmaceuticals has 1 investor. Key investors include Madrigal.

The ticker symbol of Madrigal Pharmaceuticals is MDGL on NASDAQ.

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