Idorsia
↗Allschwil, Switzerland
Idorsia is a leading Swiss biopharmaceutical company specialized in the discovery, development, and commercialization of small-molecule therapeutics. The company was founded in 2017 as a spin-off from Actelion following its $30 billion acquisition by Johnson & Johnson. Idorsia inherited a robust pipeline of innovative compounds and a world-class drug discovery engine, positioning it as a major player in the European biotech landscape.
The company focuses on a wide range of therapeutic areas, including central nervous system (CNS) disorders, cardiovascular diseases, immunology, and orphan diseases. Idorsia has successfully transitioned into a commercial-stage entity with the launch of Quviviq for insomnia and the recent FDA approval of Tryvio for resistant hypertension. Despite facing recent financial challenges and debt restructuring, the company has secured strategic partnerships with global firms like Viatris to advance its late-stage pipeline.
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:Small molecule therapeutics
SIZE & FINANCIALS
Employees:501-1000
Revenue:$100M-$250M
Founded:2017
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
Total Raised:$1.5B+
Investors:Jean-Paul Clozel, Martine Clozel, Public Shareholders, Bondholders (Restructuring Facility)
STOCK
Exchange:SIX Swiss Exchange
Ticker:IDIA
Market Cap:$1.17B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Small molecule, Synthetic Glycan Vaccines
Active Trials:12
Trial Phases:Phase 1: 3 | Phase 2: 4 | Phase 3: 4 | Phase 4: 1
FDA Approvals:2
EMA Approvals:2
CORPORATE STRUCTURE
Subsidiaries:Idorsia Pharmaceuticals US Inc., Idorsia (Berlin) Pharmaceuticals GmbH, Idorsia Pharmaceuticals Canada Ltd
Key Partnerships:Viatris (Global rights to selatogrel and cenerimod), Menarini (Commercialization of Quviviq in Europe), Simcere (Quviviq in Greater China), Nxera Pharma (Quviviq in Japan/APAC)
COMPETITION
Position:Challenger
Competitors:Eisai (Dayvigo), Merck (Belsomra), Novartis (Entresto), Johnson & Johnson
LEADERSHIP
Key Executives:
Srishti Gupta - CEO
Jean-Paul Clozel - Chairman
Martine Clozel - CSO
Scientific Founders:Jean-Paul Clozel, Martine Clozel
Board Members:Jean-Paul Clozel (Chairman), Mathieu Simon, Srishti Gupta, Sandy Mahatme, Bart Filius
LINKS
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