Quinnova Pharmaceuticals

Newtown Square, United States Founded: 2003 • Age: 23 yrs Acquired By Exeltis

About Quinnova Pharmaceuticals

Quinnova Pharmaceuticals is a company based in Newtown Square (United States) founded in 2003 by Jeffrey Day was acquired by Exeltis in December 2013.. Quinnova Pharmaceuticals has raised $31.32 million across 3 funding rounds from investors including Exeltis, Safeguard Scientifics and Thomas, McNerney & Partners. Quinnova Pharmaceuticals operates in a competitive market with competitors including Revance Therapeutics, Hugel, Dermavant, Sol-Gel Technologies and SkinMedica, among others.

  • Headquarter Newtown Square, United States
  • Founders Jeffrey Day
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $31.32 M (USD)

    in 3 rounds

  • Latest Funding Round
    $300 K (USD), Series B

    Sep 28, 2010

  • Investors
    Exeltis

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Exeltis

    & 1 more

    (Dec 16, 2013)

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Funding Insights of Quinnova Pharmaceuticals

Quinnova Pharmaceuticals has successfully raised a total of $31.32M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $300 thousand completed in September 2010. 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 Rounds 3
  • Last Round Series B — $300,000
  • First Round

    (28 Nov 2006)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2010 Amount Series B - Quinnova Pharmaceuticals Valuation

investors

Oct, 2009 Amount Series B - Quinnova Pharmaceuticals Valuation Safeguard Scientifics
Nov, 2006 Amount Series A - Quinnova Pharmaceuticals Valuation

investors

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 Quinnova Pharmaceuticals

Quinnova Pharmaceuticals has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Exeltis, Safeguard Scientifics and Thomas, McNerney & Partners. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Venture capital firm investing in early and growth stage companies
Founded Year Domain Location
-
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 Quinnova Pharmaceuticals

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 - Quinnova Pharmaceuticals

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

Quinnova Pharmaceuticals Comparisons

Employees
+
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Competitors of Quinnova Pharmaceuticals

Quinnova Pharmaceuticals 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 Revance Therapeutics, Hugel, Dermavant, Sol-Gel Technologies and SkinMedica, 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
Neurotoxin products for aesthetic and therapeutic skin treatments are developed.
domain founded_year HQ Location
Therapeutics in aesthetics are developed, including botulinum toxin products.
domain founded_year HQ Location
Small molecule therapeutics for inflammatory skin diseases are developed.
domain founded_year HQ Location
Developing topical drug products for the treatment of rosacea, acne and interdigital tinea pedis.
domain founded_year HQ Location
Skin care products are developed and manufactured by SkinMedica.
domain founded_year HQ Location
Plant-derived collagen is developed for tissue repair and 3D bioprinting.
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 Quinnova Pharmaceuticals

Frequently Asked Questions about Quinnova Pharmaceuticals

When was Quinnova Pharmaceuticals founded?

Quinnova Pharmaceuticals was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Where is Quinnova Pharmaceuticals located?

Quinnova Pharmaceuticals is headquartered in Newtown Square, United States. It is registered at Newtown Square, Pennsylvania, United States.

Who is the current CEO of Quinnova Pharmaceuticals?

Jeffrey Day is the current CEO of Quinnova Pharmaceuticals. They have also founded this company.

Is Quinnova Pharmaceuticals a funded company?

Quinnova Pharmaceuticals is a funded company, having raised a total of $31.32M across 3 funding rounds to date. The company's 1st funding round was a Series A of $13.6M, raised on Nov 28, 2006.

What does Quinnova Pharmaceuticals do?

Exeltis (formerly Quinnova Pharmaceuticals) is a specialty pharmaceutical company, engages in the development and commercial sale of prescription drug products based on dermal drug delivery platforms. Products include recedo topical gel for scars caused by injury and surgery, ecoza for interdigital tinea pedis, neosalus for atopic dermatitis, atrapro for burning and itching associated with dermatoses, salvax for hyperkeratotic skin disorders and hydro 35 foam for skin softening in hyperkeratoric disorders. Company got acquired by everett labs in 2013 for undisclosed amount.

Who are the top competitors of Quinnova Pharmaceuticals?

Quinnova Pharmaceuticals's top competitors include Revance Therapeutics, Dermavant and Collplant.

Who are Quinnova Pharmaceuticals's investors?

Quinnova Pharmaceuticals has 6 investors. Key investors include Exeltis, Safeguard Scientifics, Thomas, McNerney & Partners, HIG BioHealth Partners, and H.I.G. Capital.

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