Assertio

Assertio

Signal active

Investment Firm

Overview

Assertio is a specialty pharmaceutical company focused on developing and commercializing products to treat pain and other central nervous system conditions. The company was founded in 1995 and has established itself by developing and incorporating promising technology into differentiated therapeutic products, taking those products through clinical approval, and building a strong market presence. The company currently markets four FDA-approved products, Gralise (gabapentin) tablets for the management of Postherpetic Neuralgia (PHN), Cambia (diclofenac potassium for oral solution) for the acute treatment of migraine attacks with or without aura in adults 18 years of age or older, Zipsor (diclofenac potassium) liquid-filled capsules for relief of mild to moderate acute pain, and Lazanda (fentanyl) nasal spray CII for the management of breakthrough pain in cancer patients. See Important Safety Information for Gralise, Cambia, Zipsor, and Lazanda.

Highlights

Founded

1995

Industry

Biotechnology

Employees

101-250

Investment

1

Lead Investment

1

Exits

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Stages

N/A

Investor Type

N/A

Location

United States, North America

Contact Information

Social

Profile Resume

Assertio, established in 1995 and headquartered in United States, North America., specializes in investments across Health Care, Wellness. Their recent investments include LGS Foundation. The highest investment round they participated in was $800.0K. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace James A. Schoeneck

James A. Schoeneck

President and CEO

imagePlace Arthur Higgins

Arthur Higgins

President & Chief Executive Officer

imagePlace Howard Franklin

Howard Franklin

Senior Vice President

Investment portfolio

Assertio has made 1 investments. Their most recent investment was on Jan 17, 2023, when LGS Foundation raised $100.0K.

investments

1

Diversity investments

0

Lead investments

1

Number of exits

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Investments

1

Annouced DateOrganization NameIndustryMoney Raised
Jan 17, 2023
LGS Foundation LGS Foundation
Health Care100.0K

Exits

0

Funding Timeline

Funding rounds

1

Investors

5

Funds

0

Funding Rounds

1

Assertio has raised 1 rounds. Their latest funding was raised on Jan 17, 2023 from a Grant - LGS Foundation round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jan 17, 2023
Grant - LGS Foundation Grant - LGS Foundation
-100.0K-

Investors

8

Assertio is funded by 8 investor(s). Deerfield and Pharmakon Advisors Kantor are the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
Deerfield Deerfield
No
Post-IPO Debt - Assertio
575.0M
-No
Post-IPO Equity - Assertio
14.0M
-No
Post-IPO Equity - Assertio
34.3M
-No
Post-IPO Equity - Assertio
60.0M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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