EXIthera Pharmaceuticals

EXIthera Pharmaceuticals

EXIthera Pharmaceuticals focuses on the development of stroke prevention and antithrombotic drugs. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD62—93m (Dealroom.co estimates May 2016.)
Westborough Massachusetts (HQ)
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DateInvestorsAmountRound
N/A

$2.0m

Series A

$4.0m

Series A

$6.0m

Early VC

$10.0m

Series B

N/A

Late VC

$6.0m

Late VC
Total FundingAUD43.3m

Recent News about EXIthera Pharmaceuticals

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eXIthera is a clinical stage biotech company focused on developing small molecule inhibitors of Factor XIa, a key enzyme in the blood coagulation process. The company's primary product, EP 7041, is designed to prevent thrombosis—a condition where blood clots form in blood vessels—without the bleeding risks associated with current treatments. EP 7041 has successfully completed Phase 1 clinical trials, demonstrating safety, tolerability, and an ideal clinical pharmacokinetic profile, along with a validated efficacy marker known as aPTT (activated Partial Thromboplastin Time).

The company operates in the biopharmaceutical market, targeting healthcare providers and patients who require anticoagulation therapy. eXIthera's business model revolves around the research, development, and eventual commercialization of its proprietary small molecule therapeutics. Revenue generation is expected to come from product sales, licensing agreements, and potential partnerships with larger pharmaceutical companies.

By focusing on a novel approach to anticoagulation that minimizes bleeding risks, eXIthera aims to address a significant unmet need in the medical community, potentially saving lives and reducing healthcare costs.

Keywords: Factor XIa, thrombosis prevention, small molecule inhibitors, anticoagulation, EP 7041, clinical trials, bleeding risk, biopharmaceutical, healthcare, biotechnology.

Tech stack

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