Verona Pharma

London, United Kingdom Founded: 2005 • Age: 21 yrs Listed Acquired By Merck
Respiratory disease drugs for asthma and COPD are developed.

About Verona Pharma

Verona Pharma is a publicly listed company based in London (United Kingdom) founded in 2005, and was acquired by Merck in July 2025. Respiratory disease drugs for asthma and COPD are developed. Verona Pharma has raised $56.02 million across 4 funding rounds from investors including Merck, Orbimed and Janus Henderson Investors. The company has 209 employees. Verona Pharma offers products and services including Respiratory Therapeutics and Pipeline Programs. Its focus areas include Life Sciences, Pulmonology, Drugs and Diversified. Its legal entity is VERONA PHARMA PLC.

Company details

Verona Pharma was founded in 2005 in London, United Kingdom, and operates in the pharmaceutical sector focused on respiratory conditions. A drug pipeline is maintained, including RPL-554 in Phase 2 trials for chronic obstructive pulmonary disease, cystic fibrosis, and asthma. VRP700 for cough management is available for out-licensing. Novel anti-inflammatory polysaccharides from marine organisms like starfish are also identified as sources without anticoagulant effects.

  • Headquarters London, United Kingdom
  • Employees 209
  • Stage Acquired
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Email
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  • Phone
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  • Website veronapharma.com
  • Social LinkedIn X
  • Acquired by Merck (Jul 2025)
  • Legal Name Verona Pharma Plc Sponsored Adr
Operational Areas
Key Metrics
  • Annual Revenue
    $42.3 M (USD)
    as on Dec 31, 2024
  • Net Profit
    -$173.49 M (USD)
    -217.87
    as on Dec 31, 2024
  • EBITDA
    -$153.63 M (USD)
    -128.79
    as on Dec 31, 2024
  • Total Equity Funding
    $56.02M (USD)

    in 4 rounds

  • Latest Funding Round
    $200.16M (USD), Post-IPO

    Jul 2020

  • Investors
    Merck

    & 16 more

  • Employee Count
    209
  • Acquired by
    Merck

    (Jul 2025)

Products & Services of Verona Pharma

Verona Pharma offers a comprehensive portfolio of products and services, including Respiratory Therapeutics and Pipeline Programs.

Respiratory Therapeutics
Medications

Develops treatments for chronic respiratory diseases like COPD.

Pipeline Programs
Research

Builds portfolio of novel respiratory drugs for various conditions.

Funding Insights of Verona Pharma

Verona Pharma has successfully raised a total of $56.02M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $200.16 million completed in July 2020. 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 $56.02M
  • Total Rounds 4
  • Last Round Post-IPO β€” $200.16M
  • First Round $11.5M

    (Feb 2012)

  • Investors Count 16

All 4 funding rounds of Verona Pharma with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2020$200.16MPost-IPO––
Jun 2016$44.52MSeries C––
Nov 2014Grant––
Feb 2012$11.5MSeries A––
Valuation history

17 investors in total: 17 institutional.

Investors in Verona Pharma

Verona Pharma has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Merck, Orbimed and Janus Henderson Investors.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
acornbioventures.com
PE firm investing in the US
pbmcap.comCharlottesville, United States
Venture capital funding is provided by Samsara BioCapital in California.
samsaracap.comPalo Alto, United States
Multi-stage investment firm invests in healthcare and life sciences companies
foresitecapital.comNew York, United States
Venture capital investments are offered to startups by NEA.
nea.comMenlo Park, United States
Venture capital and private equity firm
vivocapital.comPalo Alto, United States
soleuscapital.com
Private equity and venture capital fund focused on the healthcare sector
novoholdings.dkHellerup, Denmark
PE firm investing in the US
aislingcapital.comNew York, United States
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
1989orbimed.comNew York, United States
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Investor details for Verona Pharma

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People of Verona Pharma

84 people are tracked at Verona Pharma (47 in leadership, 8 in board & advisors, 29 in team); the tracked headcount is 209.

NameRoleGroup
Kathleen Rickard
Chief Medical OfficerLeadership
Jim Willis
National Sales DirectorLeadership
Mark W. Hahn
Chief Financial OfficerLeadership
Candice Clay, Ph.D.
Field Medical DirectorLeadership
Amelia Winter
Associate Director, Talent AcquisitionLeadership
A. Burak Uçar, PhD
Sr. Director, Commercial Manufacturing & Technical OperationsLeadership
W. Blake Burnette
Executive Director of MarketingLeadership
Umang Desai, PharmD
Field Medical Director - EastLeadership
Tuan le
Regional Sales DirectorLeadership
Tim Craney
Regional Sales DirectorLeadership
Oliver Poulain
Senior Director, FinanceLeadership
Amy Dixon, PharmD
Executive Director, Medical AffairsLeadership
Rachel Hunter, CPA
Vice President FinanceLeadership
Kavita Aggarwal
Senior Vice President, Medical AffairsLeadership
Mark Zappia
Vice President of Commercial OperationsLeadership
Jaime Hilliard
Sr. Director, Market Research & ForecastingLeadership
Matt Casbon
Vice President, Sales, Marketing & TrainingLeadership
Chris M.
Chief Commercial Officer (cco)Leadership
Minh Lu
VP, Commercial Supply ChainLeadership
Jeff Hill
Vice President, Digital and Information TechnologyLeadership

64 more people are available in the full profile.

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IPO & Listings of Verona Pharma

Verona Pharma is a publicly listed company on the NASDAQ with ticker symbol VRNA in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date27 Apr 2017
  • Listed onNASDAQ: VRNA
  • Listed entityVerona Pharma plc Sponsored ADR
  • Exchange sectorHealth technology
  • Share price$106.69 · 2025-09-29
  • Market capitalisation$9.17B
  • EPS (diluted, trailing year)$-1.03
  • Volume (last session)1,268,229
  • Analyst consensusNeutral

Financials of Verona Pharma

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2024$42.3M-$173.5M-$153.6M
2023-$54.6M-$67.2M
2022$457,720-$68.7M-$75.1M
2021$40.0M-$55.6M-$72.7M
2020-$65.7M-$74.2M
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Detailed financial statements for Verona Pharma

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Verona Pharma

5 dated milestones of Verona Pharma across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Verona Pharma is founded.
  2. Funding First funding round of $11.5M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $200.2M.
  5. Exit Acquired by Merck.

Web traffic of Verona Pharma

The website of Verona Pharma (veronapharma.com) receives about 7.7K visits a month and ranks #2,500,388 among all websites worldwide, #3,433 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    7.7K

    ▼ 12.3% vs previous month

  • Unique visitors
    3.8K

    per month

  • Global rank
    #2,500,388

    among all websites

  • Category rank
    #3,433

    Health · Biotechnology and Pharmaceuticals

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
savarapharma.com
100%
4K#3,870,989View details
pharmaphorum.com
96%
128.2K#451,885View details
zambongroup.com
zambongroup.com
95%
–
manufacturingchemist.com
93%
#1,139,602View details
salix.com
93%
15.6K#1,433,848View 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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  • Audience overlap
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Frequently Asked Questions about Verona Pharma

Verona Pharma was founded in 2005 and raised its 1st funding round 7 years after it was founded.

Verona Pharma is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Verona Pharma is a funded company, having raised a total of $56.02M across 4 funding rounds to date. The company's 1st funding round was a Series A of $11.5M, raised on Feb 2012.

Verona Pharma has 209 employees.

Annual revenue of Verona Pharma is $42.3M as on Dec 31, 2024.

Verona Pharma was founded in 2005 in London, United Kingdom, and operates in the pharmaceutical sector focused on respiratory conditions. A drug pipeline is maintained, including RPL-554 in Phase 2 trials for chronic obstructive pulmonary disease, cystic fibrosis, and asthma. VRP700 for cough management is available for out-licensing. Novel anti-inflammatory polysaccharides from marine organisms like starfish are also identified as sources without anticoagulant effects.

Verona Pharma offers Respiratory Therapeutics and Pipeline Programs.

Yes, Verona Pharma is publicly traded on NASDAQ under the ticker symbol VRNA.

Verona Pharma has 17 investors. Key investors include Merck, Orbimed, Janus Henderson Investors, RA Capital, and Perceptive Advisors.

Verona Pharma operates through Verona Pharma Plc.

Yes. Verona Pharma was acquired by Merck in July 2025.

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