Topokine Therapeutics
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Topokine Therapeutics - overview
Established
2010
Location
Boston, MA, US
Primary Industry
Healthcare
About
Topokine Therapeutics is a biotechnology company focused on developing innovative therapies for dermatological conditions, leveraging advanced science to enhance patient care and treatment outcomes. Founded in 2010 and headquartered in Boston, US, Topokine Therapeutics specializes in therapeutics for skin-related conditions. In April 2016, the company was acquired by Allergan for USD 85. 00 mn, marking a strategic pivot in its business trajectory.
The company has completed three deals to date, solidifying its position in the biotech sector. Topokine Therapeutics develops specialized treatments aimed at addressing various dermatological issues. Its portfolio includes advanced therapeutic solutions that enhance patient outcomes and treatment effectiveness. The company primarily markets its products in North America and Europe, catering to healthcare providers and patients in these regions.
Topokine Therapeutics generates revenue through the direct sale of its therapeutic products. Clients typically engage in multi-year agreements that encompass core treatment offerings along with additional premium services. The pricing model is structured to cater to varying healthcare provider needs, ensuring accessibility to its innovative solutions. With the recent acquisition by Allergan, Topokine Therapeutics plans to expand its product line and enhance its market reach.
The company is currently developing new therapeutic solutions aimed at additional dermatological conditions, with anticipated launches in the coming years. The funding from the acquisition will be utilized to support these product developments and to establish a stronger presence in untapped international markets.
Current Investors
Schooner Capital
Primary Industry
Healthcare
Sub Industries
Biotechnology, Aesthetic Medicine, Biomaterials
Website
www.topokinetherapeutics.com
Company Stage
Acquired
Total Amount Raised
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