Nurel Therapeutics

Stockholm, Sweden Founded: 2003 • Age: 23 yrs Acquired By Diamyd Medical
Developer of gene therapies for the treatment of pain

About Nurel Therapeutics

Nurel Therapeutics is a company based in Stockholm (Sweden) founded in 2003 was acquired by Diamyd Medical in November 2005.. Nurel Therapeutics operates in a competitive market with competitors including Insitro, BridgeBio, ATAI, Forge Biologics and Spark Therapeutics, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Diamyd Medical

    (Nov 22, 2005)

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Funding Insights of Nurel Therapeutics

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 Nurel Therapeutics

Nurel Therapeutics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Diamyd Medical. 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
Institutional
Investor Description Founded Year Domain Location
Therapies for autoimmune diabetes treatment and prevention are developed.
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 Nurel Therapeutics

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

Financial Statements - Nurel Therapeutics

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

Nurel Therapeutics Comparisons

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Competitors of Nurel Therapeutics

Nurel Therapeutics 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 Insitro, BridgeBio, ATAI, Forge Biologics and Spark Therapeutics, 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
An AI-enabled platform is developed for infectious disease treatment.
domain founded_year HQ Location
Therapeutics for genetic diseases are developed through targeted interventions.
domain founded_year HQ Location
A biopharmaceutical company accelerating innovative mental health treatments.
domain founded_year HQ Location
Gene therapies for rare diseases are developed to treat patients.
domain founded_year HQ Location
Gene therapies for rare diseases including retinal dystrophies are developed.
domain founded_year HQ Location
Provider of cell therapies to treat cancer and hematologic conditions
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 Nurel Therapeutics

PeriphaGen raises $6.5 million
Bizjournals11 years ago

Frequently Asked Questions about Nurel Therapeutics

When was Nurel Therapeutics founded?

Nurel Therapeutics was founded in 2003.

Where is Nurel Therapeutics located?

Nurel Therapeutics is headquartered in Stockholm, Sweden.

What does Nurel Therapeutics do?

Nurel Therapeutics was founded in 2003 in Stockholm, Sweden, within the biotechnology sector. Gene therapies targeted at pain relief are developed through a proprietary delivery system based on an engineered herpes simplex virus. Therapeutic proteins are administered via a single local injection into the peripheral nervous system, providing sustained effects for months. Lead candidates, NG2 (HSV-GAD) and NPE2 (HSV-enkephalin), have demonstrated pain reduction in standard animal models.

Who are the top competitors of Nurel Therapeutics?

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

Who are Nurel Therapeutics's investors?

Nurel Therapeutics has 1 investor. Key investors include Diamyd Medical.

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