Cotherix
Company

Last deal

$55M

Amount

Series C

Stage

14.10.2003

Date

2

all rounds

$55M

Total amount

date founded

Financing round

General

About Company
CoTherix develops biopharmaceutical products for chronic diseases.

Industry

Sector :

Subsector :

Also Known As

Exhale Therapeutics

founded date

01.01.2000

founders

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

CoTherix is a biopharmaceutical company that specializes in developing, licensing, and commercializing therapeutic products for the treatment of chronic diseases, with a particular focus on cardiopulmonary diseases. Their lead product candidate, Ventavis, is an inhaled formulation of iloprost that is used to treat pulmonary arterial hypertension in patients with NYHA Class III or IV symptoms. The company's main goal is to provide effective treatments for patients suffering from chronic diseases, and they are committed to advancing the science of biopharmaceuticals to achieve this goal.
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M&A Details
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Acquired by

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announced date

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$420M

Financials

Funding Rounds
2
2

Number of Funding Rounds

$55M

Money Raised

Their latest funding was raised on 14.10.2003. Their latest investor Sofinnova Investments. Their latest round Series C

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Investors 
Money Raised 
Lead 
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People

Founders
1
David Cory
David Cory

David Cory

David Cory is an entrepreneur and industry veteran with 25-years experience in large pharmaceuticals, emerging stage biotechnology, and specialty pharmaceutical organizations with an established track record of operational, transactional, and financial success.Mr. Cory is currently the President and CEO of Eiger BioPharmaceuticals since 2008. He is responsible for negotiating Eiger’s multiple product licenses from Merck and Astra Zeneca. Cory was previously President and Chief Operating Officer of Prestwick Pharmaceuticals, an Orphan CNS specialty pharmaceutical company, which was acquired by Biovail Pharmaceuticals for $160 million in 2008. Cory was Co-Founder and Chief Commercial Officer at CoTherix, an Orphan Pulmonary Hypertension company, which was acquired by Actelion for $425 million in 2006. Cory began his start up career as Senior Vice President of Commercial Operations at InterMune, a public biotechnology company focused on developing Orphan products for Idiopathic Pulmonary Fibrosis. He was as a key executive in the InterMune IPO, building and managing the company’s commercial organization, in-licensing 4 products and raising over $400 million in the capital markets. Mr. Cory spent the first 12 years of his career in operating positions of increasing responsibility at The Upjohn Company, Glaxo, Glaxo Wellcome, and Glaxo Smith Kline leading teams in CNS, Critical Care, Oncology, Infectious Disease, and Respiratory therapeutic areas, where he directed 10 pharmaceutical product launches and the commercialization of 20 brands.David Cory is a graduate of the University of Cincinnati, College of Pharmacy, is board certified in Pharmacy, and holds a Masters Degree in Business Administration from the University of Maryland.

current job

Eiger BioPharmaceuticals
Eiger BioPharmaceuticals

organization founded

1

David Cory

Employee Profiles
9

Donald J. Santel

CEO and Board of Directors

David Cory

David Cory

Co-Founder and Chief Commercial Officer

Klara Dickinson

Klara Dickinson

VP, Regulatory Affairs and Healthcare Compliance Officer

Christine A. Nash

Christine A. Nash

Various

Abhay Joshi

Abhay Joshi

Vice President, Chief Technical Officer and member of the Executive Committee

Ashley Gould

Ashley Gould

VP Legal Affairs

Activity

Recent News
0