Tris Pharma

Monmouth Junction, United States Founded: 2000 • Age: 26 yrs
Technology-based oral extended release pharmaceutical products are developed.

About Tris Pharma

Tris Pharma is a Healthcare company based in Monmouth Junction (United States) founded in 2000 by Ketan Mehta. Technology-based oral extended release pharmaceutical products are developed. Tris Pharma has raised $125 million across 3 funding rounds from investors including NIH and Deerfield. The company has 441 employees. Tris Pharma has completed 1 acquisition, including NextWave Pharmaceuticals. Its chief executive, as recorded, is Ketan Mehta. Tris Pharma offers products and services including LiquiXR Technology, ADHD Therapies, and Pain Therapies. Its focus areas include Life Sciences, Neurology, Drugs and Diversified. Its legal entity is Tris Pharma, Inc. Its competitors include Neurocrine, PTC Therapeutics and Biohaven Pharmaceutical; 3 of its 3 listed competitors have raised funding.

Company details

Founded in 2000 and based in Monmouth Junction, United States, Tris Pharma operates in the pharmaceutical sector with a focus on oral extended release formulations. The lead product, TRN-124, is an extended-release oral suspension for cough and cold treatment, with NDA submission approved in clinical development. Additional candidates are advanced through various clinical phases by the company, led by founder and CEO Ketan Mehta.

  • Headquarters Monmouth Junction, United States
  • Employees 441
  • Founders Ketan Mehta
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Email
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  • Phone
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  • Website trispharma.com
  • Social LinkedIn Facebook Instagram
  • Legal Name Tris Pharma, Inc.
Operational Areas
Key Metrics

Products & Services of Tris Pharma

Tris Pharma offers a comprehensive portfolio of products and services, including LiquiXR Technology, ADHD Therapies, and Pain Therapies.

LiquiXR Technology
Drug Development Platform

Proprietary system for creating patient-friendly pharmaceuticals.

ADHD Therapies
Pharmaceuticals

Treatments enhancing care for adults and children with ADHD.

Pain Therapies
Pharmaceuticals

Investigational compounds for moderate-to-severe pain management.

Funding Insights of Tris Pharma

Tris Pharma has successfully raised a total of $125M across 3 strategic funding rounds. 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 $125M
  • Total Rounds 3
  • First Round $125M

    (Sep 2018)

  • Investors Count 2

All 3 funding rounds of Tris Pharma with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2023Grant––
Sep 2018$125MDebt – Conventional––
Sep 2018$125MSeries B––
Valuation history

2 investors in total: 2 institutional.

Investors in Tris Pharma

Tris Pharma has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include NIH and Deerfield.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Healthcare ecosystem is supported through investment and innovation by Deerfield.
deerfield.comNew York, United States
Drug discovery services are provided to the biopharma sector.
1887nih.govUnited States
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Investor details for Tris Pharma

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People of Tris Pharma

96 people are tracked at Tris Pharma (21 in leadership, 75 in team); the tracked headcount is 441.

NameRoleGroup
Ketan Mehta
Founder & CEOLeadership
Scott Adams
Director - National AccountsLeadership
Scott Nemitz
Vice President Of SalesLeadership
Steve Levandowski
Senior Regional Sales DirectorLeadership
Janet Penner
President, Generic DivisionLeadership
James Hackworth
Chief Business OfficerLeadership
Nicholas Cappuccino
Chief Quality Officer, SVP of Quality & ComplianceLeadership
Peter Ciano
CFOLeadership
Nancy O'Connor
Executive Director Financial Planning & AnalysisLeadership
Tejendra Rao
Vice President Supply ChainLeadership
Kevin Walker
Vice President, Generic SalesLeadership
Marc Lesnick
Chief Development OfficerLeadership
Michael Magee
Vice President, Quality And ComplianceLeadership
Brian Muhal
Director Trade & DistributionLeadership
Franchesca M. Fowler
General Counsel, Vice President And Chief Compliance OfficerLeadership
Ketan Saparia
Associate Director, DEA And Supply ChainLeadership
Jisheng Zhu
QA DirectorLeadership
Andi B. Robbins
Senior Director, Quality ComplianceLeadership
Saumya Mehta
Senior Director, Business DevelopmentLeadership
Andrea Nelson
Associate Director, Business DevelopmentLeadership

76 more people are available in the full profile.

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Complete people profiles for Tris Pharma

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Investments & Acquisitions by Tris Pharma

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

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Pharmaceutical products for CNS and ADHD treatments are developed.
nextwavepharma.comCupertino, United States2005Sep 2018β€’β€’β€’β€’
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Complete acquisition details for Tris Pharma

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Timeline of Tris Pharma

4 dated milestones of Tris Pharma across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tris Pharma is founded.
  2. Funding First funding round of $125.0M.
  3. Acquisition Acquires NextWave Pharmaceuticals.
  4. Funding Latest funding round, Grant,.

Competitors of Tris Pharma

Tris Pharma has 3 listed competitors in our database, 3 of them funded. They include Neurocrine, PTC Therapeutics and Biohaven Pharmaceutical.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
neurocrine.com1992San Diego, United States$10M1,400
Developer of small molecule therapeutics for endocrine and CNS disorders
ptcbio.com1998South Plainfield, United States$248.1M995
Small molecule drugs for rare diseases are developed.
biohavenpharma.com2014New Haven, United States$84.1M932
Therapies for neurological and neuropsychiatric diseases are developed.
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Detailed competitors of Tris Pharma

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Web traffic of Tris Pharma

The website of Tris Pharma (trispharma.com) receives about 9.7K visits a month and ranks #2,135,145 among all websites worldwide, #2,899 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    9.7K

    ▼ 7.5% vs previous month

  • Unique visitors
    4.8K

    per month

  • Global rank
    #2,135,145

    among all websites

  • Category rank
    #2,899

    Health · Biotechnology and Pharmaceuticals

Similar websites

Websites whose visitors overlap most with Tris Pharma. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
actavis.com
100%
View details
tillotts.com
tillotts.com
87%
#4,030,052–
leo-pharma.us
leo-pharma.us
87%
#5,900,667–
worldpharmanews.com
87%
View details
innate-pharma.com
87%
10.5K#2,074,647View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 8 similar websites and full traffic analytics for Tris Pharma

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  • Audience overlap
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Top companies in Neurology

3 companies that operate in the same segment as Tris Pharma (Neurology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Immuno-modulatory therapies for dementia and neurodegenerative disorders are developed.
2013San Francisco, California, United StatesUSD 214.78 MUSD 21.05 M211
Developer of therapeutics for psychiatric and neurologic diseases
2002New York, New York, United StatesUSD 80.87 MUSD 250.31 M600
Biologics platform developed for intracellular delivery in rare diseases.
2016Boston, Massachusetts, United StatesUSD 175.25 MUSD 25.42 M183
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Related news about Tris Pharma

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Complete news archive for Tris Pharma

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Frequently Asked Questions about Tris Pharma

Tris Pharma was founded in 2000 and raised its 1st funding round 18 years after it was founded.

Tris Pharma is headquartered in Monmouth Junction, United States. It is registered at Monmouth Junction, New Jersey, United States.

Ketan Mehta is the CEO of Tris Pharma, as recorded in our data. They have also founded this company.

Tris Pharma is a funded company, having raised a total of $125M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $125M, raised on Sep 2018.

Tris Pharma has 441 employees.

Founded in 2000 and based in Monmouth Junction, United States, Tris Pharma operates in the pharmaceutical sector with a focus on oral extended release formulations. The lead product, TRN-124, is an extended-release oral suspension for cough and cold treatment, with NDA submission approved in clinical development. Additional candidates are advanced through various clinical phases by the company, led by founder and CEO Ketan Mehta.

Tris Pharma's top competitors include PTC Therapeutics, Neurocrine and Biohaven Pharmaceutical.

Tris Pharma offers LiquiXR Technology, ADHD Therapies, and Pain Therapies.

Tris Pharma has made 1 acquisition, including NextWave Pharmaceuticals.

Tris Pharma has 2 investors. Key investors include NIH, and Deerfield.

Tris Pharma operates through Tris Pharma, Inc..

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