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Madrigal Pharmaceuticals logo — Madrigal is focused on delivering novel therapeutics for MAS...

Madrigal Pharmaceuticals

Madrigal is focused on delivering novel therapeutics for MASH, a serious liver disease.

Founded 2016 United States Conshohocken, United States 1129 employees IPO Total: $1.68B Biopharma, Biotechnology +2

General Information

Company Name Madrigal Pharmaceuticals
Founded Year 2016
Location United States Conshohocken, United States
Founders / Decision Makers
Team member Team member
Employees 1129
Industries Biopharma, Biotechnology, Medical Devices +1
Funding Stage IPO
Social

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About Madrigal Pharmaceuticals

Madrigal Pharmaceuticals is a biopharmaceutical company founded in 2016, focusing on developing therapeutics for metabolic and fatty liver diseases. The company's first therapy received accelerated approval from the U.S. Food and Drug Administration (FDA) for the treatment of adults with nonalcoholic steatohepatitis (NASH) with moderate to advanced liver fibrosis and is currently undergoing a Phase 3 trial for the treatment of NASH with compensated cirrhosis. Madrigal Pharmaceuticals operates in the biopharma, biotechnology, medical devices, and pharmaceutical industries. The company's recent Post-IPO Equity investment on 18th March 2024 marks a significant milestone in its financial journey.

Business keywords: Biopharmaceutical, Therapeutics, Metabolic diseases, Liver disease, NASH treatment, Cardiovascular-metabolic diseases, Diabetes treatment, Dyslipidemia treatment, Clinical-stage biopharmaceutical company, Accelerated approval, Phase 3 trial, Nonalcoholic steatohepatitis, Compensated cirrhosis, Liver fibrosis, FDA approval

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt $500.00M 1
Blue Owl Capital
01 Jul 2025
Post-IPO Equity $90.00M -
01 Apr 2024
Post-IPO Equity $500.00M -
01 Sep 2023
Post-IPO Debt $259.00M -
01 Dec 2022
Post-IPO Debt $250.00M 1
Hercules Capital
01 May 2022
Private Placement VC $35.00M -
01 Jul 2017
IPO $3.40M -
01 May 2016
Convertible Note $2.80M 1
Bay City Capital
01 Jul 2015
Convertible Note $36.10M 1
Bay City Capital
01 Sep 2011

Madrigal Pharmaceuticals Alternatives & Competitors

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Madrigal Pharmaceuticals vs
GENFIT
GENFIT France

Dedicated to improving the lives of patients with liver diseases characterized by high unmet medical...

Post-IPO Equity
201 employees
Biopharma, Biotechnology
Madrigal Pharmaceuticals vs

Pioneering the future of liver and metabolic disease treatment with innovative insulin sensitizers.

Series A
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Madrigal Pharmaceuticals vs
89bio
89bio United States

Developing and commercializing innovative therapies for the treatment of liver and cardio-metabolic...

Post-IPO Equity
123 employees
Biopharma, Biotechnology

FAQ About Madrigal Pharmaceuticals

Madrigal is focused on delivering novel therapeutics for MASH, a serious liver disease.
Madrigal Pharmaceuticals was founded in 2016.
Madrigal Pharmaceuticals is headquartered in Conshohocken, United States.
Madrigal Pharmaceuticals operates in Biopharma, Biotechnology, Medical Devices and Pharmaceutical. Its work centres on Biopharmaceutical, Therapeutics, Metabolic diseases and Liver disease.
Madrigal Pharmaceuticals has approximately 1129 employees.
Madrigal Pharmaceuticals has completed 9 funding rounds, raising a total of $1.68B. The latest funding stage is IPO.
Top alternatives and competitors to Madrigal Pharmaceuticals include GENFIT, Cirius Therapeutics, 89bio, Hepion Pharmaceuticals, Ocera Therapeutics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Madrigal Pharmaceuticals and GENFIT 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 Madrigal Pharmaceuticals, https://bouncewatch.com/company/madrigal-pharmaceuticals, updated 9 June 2026. When citing, please name BounceWatch and link this page.

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