Cardurion Pharmaceuticals

Cardurion Pharmaceuticals

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Overview

Cardurion is a Boston-based cardiovascular biotechnology company developing new therapeutics for the treatment of heart failure and cardiovascular diseases. In July, 2017, Takeda Pharmaceutical Company Limited and Cardurion Pharmaceuticals announced the creation of a new preclinical partnership to develop novel, next-generation therapeutics for the treatment of heart failure and cardiovascular diseases. The partnership with Cardurion follows Takeda’s strategy to leverage external innovation by placing selected assets and outstanding scientists in an entrepreneurial setting and enables the Discovery programs of Cardurion.

In April 2018, Cardurion announced the Company entered an exclusive licensing agreement with Astellas to develop and commercialize CRD-733, a PDE-9 inhibitor with the potential to improve cardiac function in heart failure patients. With recent evidence supporting that inhibition of PDE-9 has potential to restore heart-protective mechanisms that are dysfunctional in heart failure, CRD-733 has the potential to address the cell-signaling breakdown that contributes to the progression of heart failure.

About

Industries

Biotechnology, Health Care, Pharmaceutical, Medical

Founded

2017

Employees

11-50

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Cardurion Pharmaceuticals headquartered in United States, North America, operates in the Biotechnology, Health Care, Pharmaceutical, Medical sector. The company focuses on Biotechnology and has secured $57.9B in funding across 96 round(s). With a team of 11-50 employees, Cardurion Pharmaceuticals is actively contributing to advancements in Biotechnology. Their latest funding round, Series B - Cardurion Pharmaceuticals, raised $260.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Michael Mendelsohn

Michael Mendelsohn

Founder & Chairman

imagePlace Elizabeth Radcliffe

Elizabeth Radcliffe

Chief Financial Officer

imagePlace Howard Surks

Howard Surks

Chief Medical Officer and Head of Translational Medicine

Funding Rounds

Funding rounds

6

Investors

12

Lead Investors

0

Total Funding Amount

$603.1M

Details

3

Cardurion Pharmaceuticals has raised a total of $603.1M in funding over 3 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2019Early Stage Venture
2021Early Stage Venture300.0M
2024Early Stage Venture260.0M

Investors

Cardurion Pharmaceuticals is funded by 23 investors.

Investor NameLead InvestorFunding RoundPartners
Ed Mathers-FUNDING ROUND - Ed Mathers260.0M
New Enterprise Associates-FUNDING ROUND - New Enterprise Associates260.0M
Bain Capital Life Sciences-FUNDING ROUND - Bain Capital Life Sciences260.0M
Cardurion Pharmaceuticals-FUNDING ROUND - Cardurion Pharmaceuticals260.0M

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