Veritas Pharma Inc

Vancouver, Canada Founded: 2013 • Age: 13 yrs Listed
Veritas Pharma is a discovery company focused on developing new medicinal cannabis cultivars for specific diseases.

About Veritas Pharma Inc

Veritas Pharma Inc is a company based in Vancouver (Canada) founded in 2013. It operates as a B2B. Veritas Pharma Inc has completed 3 acquisitions, including 3 Carbon Extractions, Cannevert Therapeutics and Indigenous Bloom. Veritas Pharma Inc operates in a competitive market with competitors including Jazz Pharmaceuticals, Lundbeck, Kriya Therapeutics, Sana Biotechnology and PureTech Health, among others.

Key Metrics

Funding Insights of Veritas Pharma Inc

  • Total Rounds 5
  • Last Round Post-IPO β€” $1.56M
  • First Round $1.12M

    (Jul 2016)

All 5 funding rounds of Veritas Pharma Inc with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2018$1.56MPost-IPO––
–
May 2018$155,107Post-IPO––
–
Mar 2018$1.5MPost-IPO––
–
Jan 2017$2.18MPost-IPO––
–
Jul 2016$1.12MPost-IPO––
–

People of Veritas Pharma Inc

5 people are tracked at Veritas Pharma Inc (1 in leadership, 4 in board & advisors).

NameRoleGroup
Peter Mcfadden
Interim CEO & Chief Financial OfficerLeadership
Sharon Blady
DirectorBoard & advisors
Lorne Mark Rosenborough
DirectorBoard & advisors
Blair Lowther
DirectorBoard & advisors
Nick Standish
DirectorBoard & advisors
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Complete people profiles for Veritas Pharma Inc

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Investments & Acquisitions by Veritas Pharma Inc

Veritas Pharma Inc has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 3 Carbon Extractions, Cannevert Therapeutics and Indigenous Bloom.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cannabis cultivation and retail company
indigenousbloom.comWhite Rock, Canada2017May 2020$28M
Cannabis research services are provided to industry clients.
3carbonextractions.com–2018Aug 2018β€’β€’β€’β€’
Investigating the therapeutic potential of different cannabis cultivars to treat pain, nausea, depression and anxiety.
cannevert.comVancouver, Canada2014Apr 2017β€’β€’β€’β€’
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Complete acquisition details for Veritas Pharma Inc

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Timeline of Veritas Pharma Inc

7 dated milestones of Veritas Pharma Inc across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Veritas Pharma Inc is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $1.1M.
  4. Acquisition Acquires Cannevert Therapeutics.
  5. Acquisition Acquires 3 Carbon Extractions.
  6. Funding Latest funding round, Post-IPO, of $1.6M.
  7. Acquisition Acquires Indigenous Bloom.

Competitors of Veritas Pharma Inc

Veritas Pharma Inc 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 Jazz Pharmaceuticals, Lundbeck, Kriya Therapeutics, Sana Biotechnology and PureTech Health, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jazzpharma.com2003Dublin, Ireland$265M2,800
Novel biopharmaceutical medicines are developed for unmet medical needs.
lundbeck.com1915Copenhagen, Denmark–393
Drugs for CNS disorders are developed and advanced.
kriyatherapeutics.com2012Redwood, United States$930.93M159
Developer of therapeutic solutions for the treatment of diabetes
sana.com2018Seattle, United States$821M328
Genetically engineered cell therapies are developed for multiple disorders.
puretechhealth.com2001Boston, United States$107M171
Immunotherapeutics are developed for inflammation, fibrosis, and lung diseases.
biohavenpharma.com2014New Haven, United States$84.1M932
Therapies for neurological and neuropsychiatric diseases are developed.
karunatx.com2009Boston, United States$132.1M339
Therapies for psychosis and cognitive impairment are developed.
askbio.com2001Durham, United States$235M–
Gene and protein therapies are developed for treating various diseases.
neurocrine.com1992San Diego, United States$10M1,400
Developer of small molecule therapeutics for endocrine and CNS disorders
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Detailed competitors of Veritas Pharma Inc

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Latest news on Veritas Pharma Inc

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Complete news archive for Veritas Pharma Inc

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Similar companies to Veritas Pharma Inc

10 companies that operate in the same segment as Veritas Pharma Inc (Cannabis Clinical Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cannabinoid-based products are developed and commercialized for healthcare applications.
–Toronto, Ontario, CanadaUSD 300 K––
Provider of medical cannabis services
2020New York, New York, United StatesUSD 16.29 M––
Triple M is engaged in retailing cannabis products in Massachusetts.
2015Plymouth, Massachusetts, United StatesUSD 6.52 M––
Pathway Partners is engaged in providing educational and therapeutic consulting services for families.
2010New York, New York, United States–––
Cannabis genetics services are provided for hemp cultivation.
2021Arizona City, Arizona, United States–––
Cannabis medical services are provided in San Jacinto, United States.
2022San Jacinto, California, United States–––
Space for cannabinoid extraction and product manufacturing is provided.
–La Habra, California, United States–––
Online platform selling hemp-based medical and personal care products worldwide.
2019Kangra, Himachal Pradesh, India–USD 21.04 K–
Operations are managed across multiple industries by the diversified conglomerate.
2020Nova Lima, Minas Gerais, Brazil–––
Cannabis dispensary services are provided to patients in Ohio.
–Cincinnati, Ohio, United States–––
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Frequently Asked Questions about Veritas Pharma Inc

Veritas Pharma Inc was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Veritas Pharma Inc is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Veritas Pharma Inc veritas pharma is a discovery company focused on developing new medicinal cannabis cultivars for specific diseases, focusing on providing healthcare solutions, producing pharmaceutical products, cannabis research, and drug discovery. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Veritas Pharma Inc's top competitors include Jazz Pharmaceuticals, Neurocrine and Biohaven Pharmaceutical.

Veritas Pharma Inc has made 3 acquisitions, including 3 Carbon Extractions, Cannevert Therapeutics, and Indigenous Bloom.

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