Topix Pharmaceuticals, Inc.
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Topix Pharmaceuticals, Inc. - overview
Established
1989
Location
West Babylon, NY, US
Primary Industry
Consumer Products
About
Topix Pharmaceuticals, Inc. develops medical-grade skincare solutions for healthcare practitioners, focusing on various skin concerns, and providing comprehensive product offerings to enhance patient satisfaction and drive business effectiveness. Topix Pharmaceuticals, Inc. specializes in the development of skincare products aimed at dermatologists and medical practitioners.
The company was founded in 1989 and is headquartered in West Babylon, US. Karla Keene serves as the CEO and founder, with a focus on delivering practice-branded solutions. Topix has completed 2 deals, with the most recent deal occurring on May 26, 2022. Topix Pharmaceuticals specializes in medical-grade private label skincare products, providing practitioners with a comprehensive suite of solutions designed to address various skin concerns, including anti-aging, brightening, and acne treatment.
The company has developed a reputation as a provider of practice-branded skincare, catering to dermatologists and physicians globally. Their product line is grounded in scientific research, enhancing patient satisfaction and driving return visits to practitioners' offices or online stores. Topix’s offerings serve diverse markets across North America, Europe, and Asia, emphasizing a partnership model that integrates seamlessly into practitioners' existing services. Topix Pharmaceuticals generates revenue through a business-to-business (B2B) model, primarily partnering with dermatologists and medical practices to supply skincare products.
Transactions involve bulk orders sold to patients in-office or via practitioners' online platforms. The firm’s revenue structure supports partnerships that promote practice growth and patient retention. While specific pricing plans are not disclosed, the company likely offers tiered pricing based on order volume, allowing practitioners to optimize inventory and sales strategy. Topix’s focus on high-quality formulations fosters ongoing revenue generation through sustained client relationships.
Topix Pharmaceuticals plans to launch new products aimed at enhancing their current skincare line in the near future. The company targets expansion into additional geographic markets, particularly in Europe and Asia, by the end of 2023. The funding received from the latest deal on May 26, 2022, will support these initiatives, enabling Topix to invest in product development and market penetration strategies.
Current Investors
New Mountain Capital
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene
Website
www.topixpharm.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Topix 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Topix Pharmaceuticals, Inc. | - | ||||||||
| Add-on | Completed | Think Operations, LLC | - | ||||||||
| Add-on | Completed | ClarityRx Clinical Skin Care, Inc. | - | ||||||||
| Add-on | Completed | Derma E | - | ||||||||
| Growth | Completed | Topix Pharmaceuticals, Inc. | - |
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