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CORXEL Pharmaceuticals logo — Our mission is to develop innovative cardiometabolic therapi...

CORXEL Pharmaceuticals

Our mission is to develop innovative cardiometabolic therapies globally.

Founded 2019 China Shanghai, China 40 employees Series D Total: $162.00M Biotechnology, Health Care

General Information

Company Name CORXEL Pharmaceuticals
Founded Year 2019
Location China Shanghai, China
Employees 40
Industries Biotechnology, Health Care
Funding Stage Series D
Social

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About CORXEL Pharmaceuticals

Jixing Pharmaceuticals, founded in 2019, is a biopharmaceutical company based in Shanghai, China. The company's slogan, "Our mission is to develop novel therapeutics, bridging the innovation gap for patients in China," reflects its dedication to bringing innovative science and medicines to underserved patients in China with serious and life-threatening diseases.

Backed by RTW Investments, LP, Jixing Pharmaceuticals specializes in partnering with global biotechnology companies to develop and commercialize novel, innovative therapeutics, particularly focusing on addressing unmet medical needs in cardiovascular and ophthalmic diseases. With a strong and continually advancing asset pipeline, the company has a seasoned management team and a patient-centric focus, aiming to have a meaningful and lasting impact on patients in China.

Jixing Pharmaceuticals boasts a robust cardiovascular portfolio that includes 3 assets in late-stage clinical development (Aficamten, Etripamil, Omecamtiv Mecarbil) and 1 in pre-clinical stage (JX09). In ophthalmology, the company's portfolio comprises 4 assets in late-stage clinical development (varenicline solution nasal spray/US brand name TYRVAYA, OC-02 nasal spray, JX06/LNZ100, JX07/LNZ101) and 1 asset in pre-clinical stage (JX08).

The company recently secured a notable $162.00M Series D investment on 06 January 2024, with key investors including Leaps by Bayer and RTW Investments. Jixing Pharmaceuticals' focus on addressing critical healthcare needs in China, coupled with its strong investment backing and promising pipeline, positions it as a compelling player in the biotechnology and healthcare industries.

Business keywords: Biopharmaceutical, Innovation, Therapeutics, Clinical Development, Ophthalmology, Cardiovascular, Global Partnerships, Patient-Centric, Unmet Medical Needs, China Healthcare, RTW Investments

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series D $162.00M 2
Leaps by Bayer, RTW Investments
06 Jan 2024
Series B Undisclosed 1
RTW Investments
13 Jul 2021

CORXEL Pharmaceuticals Alternatives & Competitors

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FAQ About CORXEL Pharmaceuticals

Our mission is to develop innovative cardiometabolic therapies globally.
CORXEL Pharmaceuticals was founded in 2019.
CORXEL Pharmaceuticals is headquartered in Shanghai, China.
CORXEL Pharmaceuticals operates in Biotechnology and Health Care. Its work centres on Biopharmaceutical, Innovation, Therapeutics and Clinical Development.
CORXEL Pharmaceuticals has approximately 40 employees.
CORXEL Pharmaceuticals has completed 2 funding rounds, raising a total of $162.00M. The latest funding stage is Series D.
Top alternatives and competitors to CORXEL Pharmaceuticals include Ascendis Pharma, Myogen, Handl Therapeutics, Biomed Valley Discoveries, Angitia Biopharmaceuticals. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CORXEL Pharmaceuticals and Ascendis Pharma are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CORXEL Pharmaceuticals, https://bouncewatch.com/company/jixing-pharmaceuticals, updated 18 November 2024. When citing, please name BounceWatch and link this page.

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