Madrigal

Lexington, United States Founded: 2000 • Age: 26 yrs
Small molecule drugs are developed for cancer and inflammatory diseases.
Annual revenue $180.1M Latest available
Total funding $90.0M 3 rounds
Employees 37 Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Madrigal

Madrigal is a company based in Lexington (United States) founded in 2000. It operates as a HealthTech. Madrigal has raised $90 million across 3 funding rounds from investors including Caxton Associates, Galleon Group and Military Health. The company has 37 employees as of December 31, 2022. Madrigal has completed 1 acquisition, including Madrigal Pharmaceuticals. Madrigal offers products and services including MASH Treatment. Madrigal operates in a competitive market with competitors including Adicet Bio, Orca Bio, Ossium Health, Auron Therapeutics and Nordic Nanovector, among others.

  • Headquarter Lexington, United States
  • Employees 37 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Madrigal Pharmaceuticals, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $180.13 M (USD)
    0
    as on Dec 31, 2024
  • Net Profit
    -$465.89 M (USD)
    -25
    as on Dec 31, 2024
  • EBITDA
    -$497.88 M (USD)
    -31
    as on Dec 31, 2024
  • Total Equity Funding
    $90 M (USD)

    in 3 rounds

  • Latest Funding Round
    $999.7 K (USD), Grant

    Apr 01, 2011

  • Investors
  • Employee Count
    37

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Madrigal

Madrigal offers a comprehensive portfolio of products and services, including MASH Treatment.

Product name locked
Category locked
Primary

A treatment for metabolic dysfunction-associated steatohepatitis is provided.

People of Madrigal

Headcount 10-50
Employee Profiles 283
Board Members and Advisors 6
Employee Profiles
People
Hetal Panchal
Sr. Director, Data Platform And Analytics
People
Pat Colliluori
Sr. Manager, Clinical Data Management
People
Jason Gay
Regional Business Director
People
Ron Marchessault
Vice President, Head Of Market Access

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Funding Insights of Madrigal

Madrigal has successfully raised a total of $90M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $999.7 thousand completed in April 2011. 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.

Investors in Madrigal

Madrigal has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Caxton Associates, Galleon Group and Military Health.

All
Institutional
Investor Description Founded Year Domain Location
Diversified asset management is provided by Caxton Associates.
Locked Locked Locked
-
Locked Locked Locked
Administers health care and support for military personnel and operations.
Locked Locked Locked
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Investor details for Madrigal

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Investments & Acquisitions by Madrigal

Madrigal has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Madrigal Pharmaceuticals.

Investments
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Investment portfolio details for Madrigal

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Develops small molecule drugs for the treatment of cardiovascular and metabolic diseases and non-alcoholic steatohepatitis
Locked Locked 2011 Locked
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Complete acquisition details for Madrigal

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Financial Statements - Madrigal

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Detailed financials for Madrigal

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Madrigal Comparisons

Madrigal Primary company
Description
Small molecule drugs are developed for cancer and inflammato...
Location
Lexington, United States
Founded Year
2000
Annual Revenue
$180.13 M (USD)
Net Profit
-$465.89 M (USD)
EBITDA
-$497.88 M (USD)
Employees
37
As of 2022
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Peer comparison for Madrigal

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Competitors of Madrigal

Madrigal 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 Adicet Bio, Orca Bio, Ossium Health, Auron Therapeutics and Nordic Nanovector, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Immune cell therapies for cancer treatment are developed.
Locked Locked Locked
Developer of Allogeneic cell therapy for cancer, autoimmune diseases and genetic blood disorders
Locked Locked Locked
Ossium Health is focused on bioengineering for improved health.
Locked Locked Locked
Developer of cancer therapeutics for the treatment of blood cancer
Locked Locked Locked
Antibody radionuclide conjugates are developed for haematological cancers.
Locked Locked Locked
Monoclonal antibody therapies for pediatric leukemia are developed.
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Detailed competitors of Madrigal

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Latest news on Madrigal

PE Week Wire - 7/11/06 - PE Hub
Pehub19 years ago
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Complete news archive for Madrigal

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Frequently Asked Questions about Madrigal

Madrigal was founded in 2000 and raised its 1st funding round 4 years after it was founded.

Madrigal is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.

Madrigal is a funded company, having raised a total of $90M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Madrigal is 37.

Annual revenue of Madrigal is $180.13M as on Dec 31, 2024.

Madrigal Pharmaceuticals, Inc. is engaged in developing novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), a severe liver condition. The companys efforts are directed towards halting or reversing liver scarring and resolving MASH to prevent complications like cirrhosis. Operating within the biopharmaceutical sector, Madrigal has achieved a significant milestone with the first FDA-approved treatment for MASH. Their solutions target high unmet medical needs in liver disease management across the United States and Europe.

Madrigal's top competitors include Orca Bio, Ossium Health and Adicet Bio.

Madrigal offers MASH Treatment.

Madrigal has made 1 acquisition, including Madrigal Pharmaceuticals.

Madrigal has 3 investors. Key investors include Caxton Associates, Galleon Group, and Military Health.

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