About Pernix
Pernix is a company based in The Woodlands (United States) founded in 1997 was acquired by Currax in May 2019.. Pernix has raised $99 million across 2 funding rounds from investors including Currax. Pernix has completed 2 acquisitions, including Cypress Pharmaceutical and Somaxon.
- Headquarter The Woodlands, United States
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pernix Therapeutics Holdings, Inc.
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Annual Revenue
$146.07 M4as on Dec 31, 2017
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Net Profit
$-77.14 M55as on Dec 31, 2017
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EBITDA
$16.76 M131as on Dec 31, 2017
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Total Equity Funding
$99 M (USD)
in 2 rounds
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Latest Funding Round
$65 M (USD), Private Equity Round
Feb 05, 2014
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Cypress Pharmaceutical
& 1 more
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Acquired by
Currax
(May 01, 2019)
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Funding Insights of Pernix
Pernix has successfully raised a total of $99M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $65 million completed in February 2014. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $65.0M
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First Round
First Round
(08 Jan 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2014 | Amount | Private Equity Round - Pernix | Valuation |
investors |
|
| Jan, 2013 | Amount | Private Equity Round - Pernix | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pernix
Pernix has secured backing from 1 investor. Prominent investors backing the company include Currax. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Currax Pharmaceuticals is engaged in distributing life-changing medications worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pernix
Pernix has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cypress Pharmaceutical and Somaxon. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Health and beauty information and product reviews are provided.
|
2003 | ||||
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A variety of generic and branded pharmaceutical formulations are manufactured.
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1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Pernix
| 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 |
Pernix Comparisons
Competitors of Pernix
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Pernix
When was Pernix founded?
Pernix was founded in 1997 and raised its 1st funding round 16 years after it was founded.
Where is Pernix located?
Pernix is headquartered in The Woodlands, United States. It is registered at The Woodlands, Texas, United States.
Is Pernix a funded company?
Pernix is a funded company, having raised a total of $99M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $34M, raised on Jan 08, 2013.
What is the annual revenue of Pernix?
Annual revenue of Pernix is $146.07M as on Dec 31, 2017.
What does Pernix do?
Pernix Therapeutics was founded in 1997 and is based in The Woodlands, United States. Operations center on the sales, marketing, and development of branded and generic drugs for the pediatric sector. Products address allergy, upper respiratory conditions including congestion and cough, antibiotics, and dermatology needs like head lice and contact dermatitis treatments. The pipeline encompasses the launched Silenor OTC, phase 4 trials for Silenor arousability, and research-stage Treximet.
How many acquisitions has Pernix made?
Pernix has made 2 acquisitions, including Cypress Pharmaceutical, and Somaxon.
Who are Pernix's investors?
Pernix has 1 investor. Key investors include Currax.