Palette Life Sciences

Stockholm, Sweden Founded: 2016 • Age: 10 yrs Acquired By Teleflex Medical
Generic finished formulations are manufactured for urology and colorectal conditions.
Annual revenue - Latest available
Total funding $30.0M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Palette Life Sciences

Palette Life Sciences is a company based in Stockholm (Sweden) founded in 2016 was acquired by Teleflex Medical in July 2023. Palette Life Sciences has raised $30 million across 3 funding rounds from investors including SVB, Teleflex Medical and Orbimed. Palette Life Sciences offers products and services including Barrigel and Deflux.

  • Headquarter Stockholm, Sweden
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Palette Life Sciences, Inc
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $30 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    SVB

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    Teleflex Medical

    (Jul 26, 2023)

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Products & Services of Palette Life Sciences

Palette Life Sciences offers a comprehensive portfolio of products and services, including Barrigel and Deflux.

Product name locked
Category locked
Primary

Barrigel is utilized in medical applications as a trademark that was acquired by Teleflex

Product name locked
Category locked
Locked

Deflux is employed in urological treatments and is recognized as a trademark under Teleflex

People of Palette Life Sciences

Headcount 50-200
Employee Profiles 8
Board Members and Advisors 6
Employee Profiles
People
Per Langoe
CEO
People
Ole Steven Mikkelsen
Chief Operating Officer
People
Richard Low Jr.
VP of Marketing
People
Domenique Severo
Barrigel Procedural Specialist, Northeast

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Board Members and Advisors
people
Gun Nilsson
Director
people
Paul De Potocki
Director
people
David R. Amerson
Chairman
people
Newton Aguiar
Director

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Funding Insights of Palette Life Sciences

Palette Life Sciences has successfully raised a total of $30M across 3 strategic funding rounds. 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 Palette Life Sciences

Palette Life Sciences has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Teleflex Medical and Orbimed.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
Locked Locked Locked
Banking services are provided to innovative companies, investors, and individuals.
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Business consulting services are provided by Schörling in Sweden.
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Investor details for Palette Life Sciences

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Investments & Acquisitions by Palette Life Sciences

Investments
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Investment portfolio details for Palette Life Sciences

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Financial Statements - Palette Life Sciences

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Detailed financials for Palette Life Sciences

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  • Profit trends
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Palette Life Sciences Comparisons

Palette Life Sciences Primary company
Description
Generic finished formulations are manufactured for urology a...
Location
Stockholm, Sweden
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Palette Life Sciences

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Competitors of Palette Life Sciences

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Detailed competitors of Palette Life Sciences

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Latest news on Palette Life Sciences

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Frequently Asked Questions about Palette Life Sciences

Palette Life Sciences was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Palette Life Sciences is headquartered in Stockholm, Sweden.

Palette Life Sciences is a funded company, having raised a total of $30M across 3 funding rounds to date.

Palette Life Sciences was founded in 2016 and is based in Stockholm, Sweden. Operations center on the production of generic finished formulations within the pharmaceutical sector. Key products include Deflux for vesicoureteral reflux, Solesta for fecal incontinence, Barrigel for rectal wall protection during radiotherapy, and Lidbree. Focus areas encompass urology, urogynecology disorders, colorectal conditions, and interventional oncology procedures.

Palette Life Sciences offers Barrigel and Deflux.

Palette Life Sciences has 4 investors. Key investors include SVB, Teleflex Medical, Orbimed, and Schörling.

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