Concentric Analgesics

Concentric Analgesics

Private, biotechnology company. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD415—622m (Dealroom.co estimates May 2019.)
San Francisco California (HQ)
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DateInvestorsAmountRound
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N/A

-
N/A

$6.0m

Early VC

$76.0m

Series B
*
N/A

$20.0m

Convertible
Total FundingCAD139m

Recent News about Concentric Analgesics

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More about Concentric Analgesics
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Concentric Analgesics is a healthcare startup that specializes in the development of novel pain management solutions. Their primary product is a unique TRPV1 Agonist Prodrug, which is designed to target pain at its source with minimal systemic exposure. This approach aims to reduce the reliance on opioids, which are currently the mainstay of pain treatment but come with significant side effects and increased costs.

The company's business model revolves around the development and sale of these prodrugs to healthcare providers. They operate in the pain management market, which is a significant segment of the healthcare industry due to the high prevalence of chronic pain, particularly in patients with advanced diseases such as cancer.

Concentric Analgesics' prodrugs offer several advantages over existing pain management solutions. They provide continuous and durable relief without causing numbness or weakness, which are common side effects of regional blocks. The prodrugs are also administered via a single injection, simplifying ongoing care.

The company's revenue comes from the sale of these prodrugs to healthcare providers. By offering a more effective and safer alternative to opioids and other pain management solutions, Concentric Analgesics has the potential to capture a significant share of the pain management market.

Keywords: Pain Management, Healthcare, Prodrugs, Opioid Alternatives, TRPV1 Agonist, Chronic Pain, Cancer Pain, Single Injection, Durable Relief, Concentric Analgesics.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.