Last deal

$685K

Amount

Debt Financing

Stage

24.10.2010

Date

3

all rounds

$83.48M

Total amount

date founded

Financing round

General

About Company
Altea Therapeutics Corporation develops and commercializes innovative transdermal drug delivery systems.

Industry

Sector :

Subsector :

Also Known As

Altea Therapeutics Corp

founded date

01.01.1998

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company's flagship product, the PassPort patch, utilizes thermal energy to create tiny channels in the skin, enabling the delivery of various substances such as proteins, peptides, carbohydrates, and small molecules without the need for needles. In addition to this breakthrough technology, Altea Therapeutics also offers the Transdermal vaccine patch, which efficiently delivers water-soluble drugs and proteins. Their product portfolio includes disease prevention solutions, an insulin skin patch as an alternative to injections, and opioid patches with built-in deterrent layers. Founded in 1998 and based in Atlanta, Georgia, Altea Therapeutics operates as a subsidiary of Nitto Denko Corp since May 9, 2012.
Contacts
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M&A Details
1

Transaction name

Acquired by

Nitto Denko

announced date

25.04.2012

Financials

Funding Rounds
5
3

Number of Funding Rounds

$83.48M

Money Raised

Their latest funding was raised on 24.10.2010. Their latest round Debt Financing

Date 
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Investors 
Money Raised 
Lead 
24.10.2010
$685K
13.05.2009
$3M
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People

Founders
1

Jonathan Eppstein

current job

Altea Therapeutics
Altea Therapeutics

organization founded

1

Jonathan Eppstein

Employee Profiles
3

Eric Tomlinson

CEO

Jonathan Eppstein

Co-Founder and Board Observer

Harold H. Shlevin

Harold H. Shlevin

VP and Head of Operations & Commercial Development

Activity

Recent News
0