Pernix

The Woodlands, United States Founded: 1997 • Age: 29 yrs Listed Acquired By Currax
Pharmaceutical company manufacturing and marketing drugs for pediatric market

About Pernix

Pernix is a Healthcare company based in The Woodlands (United States) founded in 1997, and was acquired by Currax in May 2019. Pharmaceutical company manufacturing and marketing drugs for pediatric market. Pernix has raised $99 million across 2 funding rounds from investors including Currax. Pernix has completed 2 acquisitions, including Cypress Pharmaceutical and Somaxon. Its focus areas include Diversified Pharmaceuticals. Its legal entity is PERNIX THERAPEUTICS HOLDINGS, INC.

Company details

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.

  • Headquarters The Woodlands, United States
  • Stage Acquired
  • Sectors
    Healthcare
  • Website pernixtx.com
  • Social LinkedIn X
  • Acquired by Currax (May 2019)
  • Legal Name Pernix Therapeutics Holdings, Inc.
Key Metrics
  • Annual Revenue
    $146.07 M (USD)
    4
    as on Dec 31, 2017
  • Net Profit
    -$77.14 M (USD)
    55
    as on Dec 31, 2017
  • EBITDA
    $16.76 M (USD)
    131
    as on Dec 31, 2017
  • Total Equity Funding
    $99M (USD)

    in 2 rounds

  • Latest Funding Round
    $65M (USD), Private Equity Round

    Feb 2014

  • Investors
  • Investments & Acquisitions
  • Acquired by
    Currax

    (May 2019)

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 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 $99M
  • Total Rounds 2
  • Last Round Private Equity Round β€” $65M
  • First Round $34M

    (Jan 2013)

All 2 funding rounds of Pernix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2014$65MPrivate Equity Round––
–
Jan 2013$34MPrivate Equity Round––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Pernix

Pernix has secured backing from 1 investor. Prominent investors backing the company include Currax.

All
InvestorDescriptionFounded YearDomainLocation
Currax Pharmaceuticals is engaged in distributing life-changing medications worldwide.
curraxpharma.comBrentwood, United States
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Investor details for Pernix

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Investments & Acquisitions by Pernix

Pernix has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cypress Pharmaceutical and Somaxon.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Health and beauty information and product reviews are provided.
somaxon.comSan Diego, United States2003Dec 2012$25M
A variety of generic and branded pharmaceutical formulations are manufactured.
cypressrx.comMadison Heights, United States1993Nov 2012$97M
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Complete acquisition details for Pernix

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Timeline of Pernix

7 dated milestones of Pernix across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pernix is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Cypress Pharmaceutical.
  4. Acquisition Acquires Somaxon.
  5. Funding First funding round of $34.0M.
  6. Funding Latest funding round, Private Equity Round, of $65.0M.
  7. Exit Acquired by Currax.

Web traffic of Pernix

Websites that share an audience with Pernix (pernixtx.com).

Similar websites

Websites whose visitors overlap most with Pernix. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
collegiumpharma.com
100%
13.5K#1,457,207View details
shire.com
100%
1.4K#14,679,892View details
shionogi.com
99%
164.2K#248,020View details
kusumhealthcare.com
99%
1.5K#12,063,494View details
landson.co.id
61%
#9,108,859View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 8 similar websites and full traffic analytics for Pernix

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  • 8 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Pharmaceuticals & Distribution

3 companies that operate in the same segment as Pernix (Pharmaceuticals & Distribution) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Therapeutics for neurology, oncology, rare, and endocrinology diseases are developed.
2014New York, New York, United StatesUSD 1.3 BUSD 8.26 M750
Developer of pharmaceutical products for treating multiple diseases
1980Thousand Oaks, California, United StatesUSD 33.23 B28,000
Biopharmaceutical research and drug development are conducted globally by AbbVie.
2012Chicago, Illinois, United StatesUSD 61.16 B55,000
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Related news about Pernix

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Complete news archive for Pernix

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Pernix

Pernix was founded in 1997 and raised its 1st funding round 16 years after it was founded.

Pernix is headquartered in The Woodlands, United States. It is registered at The Woodlands, Texas, United States.

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 2013.

Annual revenue of Pernix is $146.07M as on Dec 31, 2017.

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.

Pernix has made 2 acquisitions, including Cypress Pharmaceutical, and Somaxon.

Pernix has 1 investor. Key investors include Currax.

Pernix operates through Pernix Therapeutics Holdings, Inc..

Yes. Pernix was acquired by Currax in May 2019.

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