SteadyMed Therapeutics

Device for Ongoing Delivery of Injectable Drugs

Health Tech & Life Sciences
Acquired (Inactive) by United Therapeutics Corporation on Apr 2018 - closed due to acquisition
Acquired Rehovot Founded 2005
LinkedIn
Total raised
$126.6M
Last: PIPE 2017-04
Stage
Acquired
Founded
2005
Headcount
8
HQ
Rehovot
Sector
Health Tech & Life Sciences

About

SteadyMed Therapeutics Inc has developed the PatchPump platform to deliver injectable drugs. Using its proprietary ECell technology, the PatchPump is a customizable, prefilled, preprogrammed disposable parenteral (non-oral) delivery platform for large-volume and viscous formulations. The device attaches to the abdomen and delivers medicine through a small needle on an ongoing basis. SteadyMed's product will initially be focused on serving patients with pulmonary arterial hypertension and chronic pain.

Funding history · 6 rounds · $126.6M total

2017-04
PIPE $30.0M
2016-07
PIPE $32.0M
2015-01
Undisclosed $12.2M
2013-04
Debt Financing $3.0M
2012-09
Seed $10.4M
2009-01
Pre-Seed $2.0M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

What is SteadyMed Therapeutics' primary product or platform?
SteadyMed Therapeutics developed the PatchPump platform, a customizable, prefilled, preprogrammed disposable parenteral delivery system for injectable drugs, utilizing its proprietary ECell technology.
When was SteadyMed Therapeutics founded?
SteadyMed Therapeutics was founded in June 2005.
What was the outcome for SteadyMed Therapeutics in April 2018?
In April 2018, SteadyMed Therapeutics was acquired by United Therapeutics Corporation for $216 million, leading to its inactive status.
When did SteadyMed Therapeutics go public and on which exchange?
SteadyMed Therapeutics completed an IPO in March 2015, listing on NASDAQ under the ticker STDY.
What was SteadyMed Therapeutics' first recorded funding round?
SteadyMed Therapeutics secured a Pre-Seed round of $2,000,000 in January 2009, with Samson Venture Partners as an investor.
Which investors participated in SteadyMed Therapeutics' Seed round in September 2012?
In September 2012, SteadyMed Therapeutics raised $10,400,000 in a Seed round, with Samson Venture Partners and KB Partners among the investors.
What was the total amount raised by SteadyMed Therapeutics through all funding rounds?
SteadyMed Therapeutics raised a total of $126,600,000 across all its funding rounds.
Where is SteadyMed Therapeutics' headquarters located?
SteadyMed Therapeutics' headquarters is located at 5 Oppenheimer St, Rehovot, Israel.

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrug Delivery
Technologies
Sensing
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticalsHealthcarePatients
Business model
B2CB2B

Tags

cardiovascularpulmonarymedical-technologiesdrug-deliverypharmaceuticalspumpsblood-pressuresensorspharma-companies