Salzman Group

Beverly, United States Founded: 1996 • Age: 30 yrs Acquired By Kalytera Therapeutics
Small molecule therapeutics for Crohns disease are developed.

About Salzman Group

Salzman Group is a company based in Beverly (United States) founded in 1996 by Andrew Salzman was acquired by Kalytera Therapeutics in May 2020. Salzman Group operates in a competitive market with competitors including Escient Pharmaceuticals, Nimbus Therapeutics, Septerna, Upstream Bio and ACELYRIN, among others.

  • Headquarter Beverly, United States
  • Founders Andrew Salzman
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website salzmangrp.com
  • Acquired by Kalytera Therapeutics (May 2020)
Key Metrics

Funding Insights of Salzman Group

  • Total Rounds 6
  • Last Round Grant β€” $492,804
  • First Round $263,034

    (Jan 2011)

  • Investors Count 1

All 6 funding rounds of Salzman Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2012$492,804Grant––
Sep 2011$623,029Grant––
Apr 2011$243,702Grant––
Apr 2011$225,163Grant––
Mar 2011$220,613Grant––
Jan 2011$263,034Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Salzman Group

Salzman Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Kalytera Therapeutics.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Public health and human services are overseen by HHS.
1953hhs.gov-
Cannabinoid therapies for osteoporosis and bone healing are developed.
2014kalytera.coSan Rafael, United States
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Investor details for Salzman Group

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People of Salzman Group

1 people are tracked at Salzman Group (1 in leadership).

NameRoleGroup
Andrew Salzman
Co-Founder & CEOLeadership
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Complete people profiles for Salzman Group

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Timeline of Salzman Group

4 dated milestones of Salzman Group across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Salzman Group is founded.
  2. Funding First funding round of $263K.
  3. Funding Latest funding round, Grant, of $493K.
  4. Exit Acquired by Kalytera Therapeutics.

Competitors of Salzman Group

Salzman Group 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 Escient Pharmaceuticals, Nimbus Therapeutics, Septerna, Upstream Bio and ACELYRIN, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
escientpharma.com2017San Diego, United States$237.5M44
Small molecule therapeutics for inflammatory diseases are developed.
nimbustx.com2009Cambridge, United States$685M81
Targeted therapeutics for cancer, metabolic, and inflammatory diseases are developed.
septerna.com2020San Bruno, United States$250M–
GPCR drug discovery platform is developed for multiple diseases.
upstreambio.com2021Waltham, United States$400M–
Therapeutics for allergic and inflammatory diseases are developed.
acelyrin.com2020Los Angeles, United States$550M–
Immunological drug candidates are developed for severe diseases.
gossamerbio.com2017San Diego, United States$330M102
Developer of small molecule-based therapies for treating immunological disorders, inflammation, and cancer
aclaristx.com2012Malvern, United States$82M180
Novel dermatologic therapies are developed for skin conditions.
alpineimmunesciences.com2015Seattle, United States$49.25M126
Developer of immunotherapies to treat cancer and autoimmune disorders
calcimedica.com2006San Diego, United States$76.66M11
CRAC channel inhibitors are developed for inflammatory diseases.
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Detailed competitors of Salzman Group

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Latest news on Salzman Group

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Complete news archive for Salzman Group

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Similar companies to Salzman Group

10 companies that operate in the same segment as Salzman Group (Immunology & Cancer Therapeutics), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Antibody-based drugs are developed for autoimmune diseases and cancer treatment.
2008Ghent, East Flanders, BelgiumUSD 61.9 MUSD 1.41 B355
Targeted and immune-oncology drugs for cancer treatment are developed.
2010Cambridge, Massachusetts, United StatesUSD 172 M––
Immuno-modulatory therapies for dementia and neurodegenerative disorders are developed.
2013San Francisco, California, United StatesUSD 214.78 MUSD 21.05 M211
Targeted therapies for cancer treatment are developed.
2005Waltham, Massachusetts, United StatesUSD 198.29 MUSD 172.35 M270
Treatments for anemia and fibrosis by exploiting connective tissue growth factor (CTGF) and hypoxia-inducible factor (HIF) biology.
1993San Francisco, California, United StatesUSD 215.5 MUSD 29.62 M225
Plasma-based biologics are developed for immune deficiency and infectious diseases.
2005Ramsey, Minnesota, United StatesUSD 17.55 MUSD 510.17 M685
Antibody drugs for cancer treatment are developed.
2015Singapore, SingaporeUSD 150 M––
CAR T-cell and T-cell receptor immunotherapies for cancer are developed.
2013Seattle, Washington, United StatesUSD 316.67 M–520
Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
2003United StatesUSD 171.85 MUSD 102.48 M338
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Frequently Asked Questions about Salzman Group

Salzman Group was founded in 1996 and raised its 1st funding round 15 years after it was founded.

Salzman Group is headquartered in Beverly, United States. It is registered at Beverly, Massachusetts, United States.

Andrew Salzman is the current CEO of Salzman Group. They have also founded this company.

Salzman Group was founded in 1996 in Beverly, United States, within the biotechnology sector. Small molecule-based therapeutics for Crohns disease treatment are being advanced, with the lead candidate RvE1 derived from eicosapentaenoic acid and designed to bind the ChemR23 receptor on gut cells to reduce inflammation. This product is in Phase 1 clinical trials. Another candidate, R-107, is being developed for chlorine inhalation lung injury.

Salzman Group's top competitors include Escient Pharmaceuticals, Nimbus Therapeutics and Alpine Immune Sciences.

Salzman Group has 2 investors. Key investors include HHS, and Kalytera Therapeutics.

Yes. Salzman Group was acquired by Kalytera Therapeutics in May 2020.

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