Cardurion Pharmaceuticals, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Cardurion Pharmaceuticals, Inc. - overview
Established
2017
Location
Burlington, MA, US
Primary Industry
Biotechnology
About
Cardurion Pharmaceuticals, Inc. is a US-based biotech firm focused on developing innovative therapeutics for cardiovascular diseases, targeting critical pathways to improve patient outcomes in heart failure and related conditions. Founded in 2017, Cardurion Pharmaceuticals specializes in developing drug candidates for cardiovascular diseases. The company has secured a total of USD 260.
411 mn through its Series B funding round led by Ascenta Capital, with contributions from several notable investors. The firm is headquartered in Burlington, US. Cardurion Pharmaceuticals focuses on innovative therapeutics for cardiovascular diseases, primarily through the development of drug candidates targeting PDE9 and CaMKII signaling pathways. Their lead products include a PDE9 inhibitor aimed at treating both heart failure with reduced ejection fraction (HFrEF) and heart failure with preserved ejection fraction (HFpEF), presenting a potential foundational treatment option when integrated with existing medical therapies.
Additionally, Cardurion is pioneering a CaMKII inhibitor, which is the first of its kind to be evaluated in clinical studies, positioning the company to address multiple cardiovascular conditions, including rare genetic diseases such as catecholaminergic polymorphic ventricular tachycardia (CPVT). The company serves a diverse client base that includes healthcare providers, clinical research organizations, and pharmaceutical partners across North America, Europe, and Asia, focusing on unmet medical needs in the cardiovascular space. The revenue model for Cardurion Pharmaceuticals is based on strategic partnerships and collaborations within the pharmaceutical industry, as well as clinical trial agreements with healthcare entities. Transactions typically occur through B2B relationships where Cardurion partners with other pharmaceutical companies or biotech firms to co-develop products, sharing in the costs and potential revenue streams derived from successful drug commercialization.
In addition, the company may engage in licensing agreements that allow external parties to utilize their drug candidates or technologies, ensuring a structured flow of income contingent on product milestones and sales. Cardurion Pharmaceuticals aims to expand its product pipeline with upcoming innovative therapeutics targeting significant cardiovascular conditions. The firm plans to leverage its recent Series B funding of USD 260. 411 mn to enhance its research capabilities and expedite clinical trials for its leading drug candidates.
The company also intends to explore market expansion opportunities in Europe and Asia by 2025, enhancing its global reach within the pharmaceutical sector. Recently, Takeda Pharmaceutical made an investment in Cardurion, indicating potential collaborative opportunities that could further support the company’s growth initiatives.
Current Investors
Polaris Partners, Bain Capital, New Enterprise Associates
Primary Industry
Biotechnology
Sub Industries
Biopharmaceuticals, Cardiology, Pharmaceutical Research & Development
Website
www.cardurion.com/
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Cardurion Pharmaceuticals, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Cardurion Pharmaceuticals, Inc. | - | ||||||||
| Growth | Completed | Cardurion Pharmaceuticals, Inc. | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.