Last updated 2026-07-26
- Raised $5M Seed round led by NGT3, Jun 2020
- Raised $2.5M grant, Jun 2023
- Raised Series A led by NGT HealthCare II, Jul 2022
Total raised
$7.5M
Last: Grant 2023-07
Stage
Series A
Founded
2018
Headcount
20
HQ
Nazareth, Israel
Sector
Health Tech & Life Sciences
About
ELGAN Pharma is a late-stage neonatology-focused biotechnology company dedicated to developing safe, tailored therapies to address medical problems and developmental difficulties common in babies born very early. The company has two leading clinical programs: ELGN-GI and ELGN-EYE, both addressing high unmet medical needs of preterm infants with no existing solutions to date. ELGN-GI promotes faster maturation of an infant's intestines, and ELGN-EYE is aimed at preventing vision impairment due to retinopathy of prematurity (ROP).
Funding history · 3 rounds · $7.5M total
2023-06
Grant
$2.5M
2022-07
A Round
Undisclosed
★ NGT HealthCare II
2020-06
Seed
$5.0M
★ NGT3
Headcount over time
From 2 (2020-07) to 20 (2026-07) · +18 (+900%) · 23 points · source: Finder history + radar grounding
Q&A
- What is ELGAN Pharma's primary focus?
- ELGAN Pharma is a late-stage clinical biopharmaceutical company that develops therapies for preterm infants, addressing medical problems and developmental difficulties common in babies born very early.
- What are ELGAN Pharma's two leading clinical programs?
- ELGAN Pharma's two leading clinical programs are ELGN-GI, which promotes faster maturation of an infant's intestines, and ELGN-EYE, aimed at preventing vision impairment due to retinopathy of prematurity (ROP).
- What was the most recent funding event for ELGAN Pharma?
- In July 2023, ELGAN Pharma received a Grant of $2,590,000, with the.
- What was the outcome of the Phase III study for ELGN-GI?
- In March 2022, ELGAN Pharma announced positive results from its Phase III study of ELGN-GI in preterm infants for the treatment of intestinal malabsorption.
- When did ELGAN Pharma begin dosing infants in the Phase 3 study of ELGN-2112?
- In June 2025, ELGAN Pharma and Chiesi Group announced the dosing of the first participating infants in the FIT-PIV Phase 3 clinical study for ELGN-2112, which treats intestinal malabsorption in preterm infants.
- How many employees does ELGAN Pharma currently have?
- ELGAN Pharma has 20 employees, falling within the 11-50 employee bucket.
- Who are the co-founders of ELGAN Pharma?
- The co-founders of ELGAN Pharma are Miki Olshansky, who serves as CEO, and Stav Zeldis, who is the VP Regulatory Affairs.
- What is the total amount of funding ELGAN Pharma has raised to date?
- ELGAN Pharma has raised a total of $10,047,720 USD.
Team · 2
Miki Olshansky
Founder · Co-founder & CEO
Stav Zeldis
Founder · Co-founder & VP Regulatory Affairs
Sectors & technology
Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Technologies
Materials & SubstancesNanomaterials
Target customers
ConsumersDemographics & FamilyBabiesHealthcare & Life SciencesHealthcarePatientsProviders
Business model
B2B
Highlights
1 Patents
Tags
biopharmaceuticalvisually-impairedbiotechnologynanotechnologymedical-technologiestreatmentseye-diseases
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | elganpharma.com |
|---|---|
| linkedin.com/company/67923556 |
Identifiers & details
| Legal name | ELGAN PHARMA LTD |
|---|---|
| Founded | 2018-5 |
| Employees (exact) | 20 |
Radar intelligence
Patents
| EPO | 9 |
|---|
Web history (Wayback)
| Domain | elganpharma.com |
|---|
Certificate / subdomain footprint
| Subdomains | 2 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515843720 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-05-09 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2024 |
| Active charges / liens | 0 |
| Registry events | 5 — people (2), charge (2), shares_capital (1) |
| Registered address | ואדי אל-חאג' 13 נצרת |
Recent registry events
| Date | Event |
|---|---|
| 2026-07-22 | עדכון דירקטורים-הסרת דירקטור |
| 2026-07-22 | עדכון דירקטורים-הוספת דירקטור |
| 2026-01-22 | רישום שעבוד |
| 2026-04-20 | הקצאת מניות |
| 2025-11-15 | סילוק שעבוד |