Tenet Medicines

Scotch Plains, United States Founded: 2023 • Age: 3 yrs Acquired By Eliem Therapeutics
Therapeutics for autoimmune-driven inflammatory diseases are developed.

About Tenet Medicines

Tenet Medicines was founded in 2023 and is based in Scotch Plains, United States. Focus is placed on the biotechnology sector, where therapeutics for autoimmune-driven inflammatory diseases are developed. The product pipeline includes TNT119, also known as budoprutug, an anti-CD19 monoclonal antibody designed to deplete B-cells. Indications addressed include systemic lupus erythematosus, immune thrombocytopenia, and membranous nephropathy. Operations center on advancing these treatments through clinical development.

  • Headquarter Scotch Plains, United States
  • Sectors
    Healthcare
  • Phone
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Eliem Therapeutics

    (Apr 11, 2024)

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Funding Insights of Tenet Medicines

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 Tenet Medicines

Tenet Medicines has secured backing from 1 investor. Prominent investors backing the company include Eliem Therapeutics. 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
Investor Description Founded Year Domain Location
Develops antibody-based treatments for autoimmune and inflammatory disorders.
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 Tenet Medicines

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 - Tenet Medicines

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

Tenet Medicines Comparisons

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Competitors of Tenet Medicines

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 Tenet Medicines

Frequently Asked Questions about Tenet Medicines

When was Tenet Medicines founded?

Tenet Medicines was founded in 2023.

Where is Tenet Medicines located?

Tenet Medicines is headquartered in Scotch Plains, United States. It is registered at Scotch Plains, New Jersey, United States.

Who is the current CEO of Tenet Medicines?

Stephen Thomas is the current CEO of Tenet Medicines.

What does Tenet Medicines do?

Tenet Medicines was founded in 2023 and is based in Scotch Plains, United States. Focus is placed on the biotechnology sector, where therapeutics for autoimmune-driven inflammatory diseases are developed. The product pipeline includes TNT119, also known as budoprutug, an anti-CD19 monoclonal antibody designed to deplete B-cells. Indications addressed include systemic lupus erythematosus, immune thrombocytopenia, and membranous nephropathy. Operations center on advancing these treatments through clinical development.

Who are Tenet Medicines's investors?

Tenet Medicines has 1 investor. Key investors include Eliem Therapeutics.

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