Prismic Pharmaceuticals

Worcester, United States Founded: 2011 • Age: 15 yrs Acquired By FSD Pharma
Medical drugs for the treatment of inflammation and oxidative stress

About Prismic Pharmaceuticals

Prismic Pharmaceuticals is a Healthcare company based in Worcester (United States) founded in 2011, and was acquired by FSD Pharma in April 2019. Medical drugs for the treatment of inflammation and oxidative stress. Prismic Pharmaceuticals has raised $1.2 million across 1 funding round from investors including FSD Pharma. Prismic Pharmaceuticals offers products and services including Motor Reviews, Buying-Selling Platform, and Motor Information Service. Its focus areas include Diversified Pharmaceuticals.

Company details

Prismic Pharmaceuticals is a development-stage specialty pharmaceutical company, which focuses on the research and development of patent protected products to address inflammation and oxidative stress associated with renal and mental health disorders. Currently has two pharmaceutically active ingredients, ultra-micronized palmitoylethanolamide, and ultra-pure EPA-based Omega-3, in development to address disorders associated with kidney disease, mental health, and chronic pain. Plan to develop proprietary products in two distinct FDA categories, prescription Medical Foods and Prescription Drugs. Medical food pipeline includes Neurepa, Nefrogesic, Nefrosil and Neurepa Le. Prescription Drugs pipeline includes ultra-micronized palmitoylethanolamide (UM PEA) Morphine, UM PEA Pregabalin, UM PEA Hydrocodone, UM PEA Oxycodone, UM PEA and UM PEA Silymarin.

Key Metrics
  • Total Equity Funding
    $1.2M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.2M (USD), Seed

    Feb 2013

  • Investors
  • Acquired by
    FSD Pharma

    (Apr 2019)

Products & Services of Prismic Pharmaceuticals

Prismic Pharmaceuticals offers a comprehensive portfolio of products and services, including Motor Reviews, Buying-Selling Platform, and Motor Information Service.

Motor Reviews
Information Service

Provides detailed reviews and information on popular motor models.

Buying-Selling Platform
Marketplace

Facilitates online buying and selling of motor-related items.

Motor Information Service
Content Platform

Offers data on specific motors like Motor 1 and Motor 2.

Funding Insights of Prismic Pharmaceuticals

Prismic Pharmaceuticals has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in February 2013. 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 $1.2M
  • Total Rounds 1
  • Last Round Seed β€” $1.2M
  • First Round $1.2M

    (Feb 2013)

All 1 funding rounds of Prismic Pharmaceuticals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2013$1.2MSeed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Prismic Pharmaceuticals

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

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Cannabis company engaged in cultivation, processing, and manufacturing related activities
2018fsdpharma.comCobourg, Canada
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Investor details for Prismic Pharmaceuticals

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Timeline of Prismic Pharmaceuticals

3 dated milestones of Prismic Pharmaceuticals across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Prismic Pharmaceuticals is founded.
  2. Funding First funding round of $1.2M.
  3. Exit Acquired by FSD Pharma.

Top companies in Pharmaceuticals & Distribution

3 companies that operate in the same segment as Prismic Pharmaceuticals (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 Prismic Pharmaceuticals

FSD Pharma to Acquire Prismic Pharmaceuticals
Businesswire β€’ 7 years ago
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Complete news archive for Prismic Pharmaceuticals

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  • Full article archive
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Frequently Asked Questions about Prismic Pharmaceuticals

Prismic Pharmaceuticals was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Prismic Pharmaceuticals is headquartered in Worcester, United States. It is registered at Worcester, Massachusetts, United States.

Prismic Pharmaceuticals is a funded company, having raised a total of $1.2M across 1 funding round to date. The company's 1st funding round was a Seed of $1.2M, raised on Feb 2013.

Prismic Pharmaceuticals is a development-stage specialty pharmaceutical company, which focuses on the research and development of patent protected products to address inflammation and oxidative stress associated with renal and mental health disorders. Currently has two pharmaceutically active ingredients, ultra-micronized palmitoylethanolamide, and ultra-pure EPA-based Omega-3, in development to address disorders associated with kidney disease, mental health, and chronic pain. Plan to develop proprietary products in two distinct FDA categories, prescription Medical Foods and Prescription Drugs. Medical food pipeline includes Neurepa, Nefrogesic, Nefrosil and Neurepa Le. Prescription Drugs pipeline includes ultra-micronized palmitoylethanolamide (UM PEA) Morphine, UM PEA Pregabalin, UM PEA Hydrocodone, UM PEA Oxycodone, UM PEA and UM PEA Silymarin.

Prismic Pharmaceuticals offers Motor Reviews, Buying-Selling Platform, and Motor Information Service.

Prismic Pharmaceuticals has 1 investor. Key investors include FSD Pharma.

Yes. Prismic Pharmaceuticals was acquired by FSD Pharma in April 2019.

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