Concert Pharmaceuticals, Inc.

Creating New Possibilities for Patients to Live Their Lives

General Information
Company Name
Concert Pharmaceuticals, Inc.
Founded Year
2006
Location (Offices)
Lexington, United States +1
Founders / Decision Makers
Number of Employees
38
Industries
Biotechnology, Health Care, Pharmaceutical
Funding Stage
Post Ipo Equity
Social Media

Concert Pharmaceuticals, Inc. - Company Profile

Concert Pharmaceuticals, Inc. is a biopharmaceutical company founded in 2006 and headquartered in the United States. The company's slogan, "Creating New Possibilities for Patients to Live Their Lives," reflects its commitment to developing innovative treatment options. Concert Pharmaceuticals is known for its DCE Platform® (deuterated chemical entity platform) which is utilized to discover small molecule drugs. By selectively incorporating deuterium into known molecules, the company aims to improve their pharmacokinetic or metabolic properties, thus enhancing clinical safety, tolerability, and efficacy.

The company's lead product candidate, currently in late-stage development, targets the treatment of alopecia areata, a serious autoimmune dermatological condition. In addition, Concert Pharmaceuticals is assessing a number of earlier-stage pipeline candidates. Notably, the company secured a significant $66.40M Post-IPO Equity investment on 01 June 2022, with RA Capital Management and BVF Partners as the investors.

Concert Pharmaceuticals' dedication to leveraging innovative scientific platforms and addressing critical unmet medical needs positions it as an attractive investment opportunity in the biotechnology and pharmaceutical industries.

Taxonomy: biopharmaceutical, clinical-stage, DCE Platform, deuterium, precision chemistry, drug development, alopecia areata, autoimmune, dermatological, pharmacokinetic, metabolic properties, pipeline candidates, R&D risk reduction, novel drug candidates

Funding Rounds & Investors of Concert Pharmaceuticals, Inc. (5)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $74.70M - 27 Jan 2020
Post-IPO Debt $30.00M 1 12 Jun 2017
Venture Round $4.00M 1 20 Jun 2011
Series C $37.00M 10 Greylock 30 Apr 2008
Series A $10.00M 5 Greylock 17 Jul 2006

Latest News of Concert Pharmaceuticals, Inc.

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