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Verona Pharma logo — Developing life enhancing treatments for chronic respiratory...

Verona Pharma

Developing life enhancing treatments for chronic respiratory diseases

Founded 2005 United Kingdom London, United Kingdom 195 employees Post-IPO Debt Total: $1.49B Biotechnology, Health and Wellness +1

General Information

Company Name Verona Pharma
Founded Year 2005
Location United Kingdom London, United Kingdom
Founders / Decision Makers
Team member
Employees 195
Industries Biotechnology, Health and Wellness, Pharmaceutical
Funding Stage Post-IPO Debt
Social

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About Verona Pharma

Verona Pharma is a clinical-stage biopharmaceutical company with a focus on developing and commercializing innovative therapies for the treatment of chronic respiratory diseases with significant unmet medical needs. The company's product candidate, ensifentrine, has shown potential to be the first therapy to combine bronchodilator and anti-inflammatory activities in one compound. The recent ENHANCE-1 and ENHANCE-2 trials demonstrated statistically significant and clinically meaningful improvements in lung function, meeting the primary endpoint. Additionally, ensifentrine significantly reduced the rate of COPD exacerbations. The management team at Verona Pharma is renowned for its established track record in the discovery, development, and commercialization of respiratory therapies. The company is listed on the Nasdaq Global Market in the United States under the ticker symbol VRNA. While headquartered in London, UK, they also have offices in Raleigh and Savannah in the US. The most recent investment in Verona Pharma amounts to $650.00MPost-IPO Debt which took place on 09 May 2024. The investors in this round were Oaktree Capital and Ontario Municipal Employees Retirement System. With a strong focus on addressing critical medical needs, Verona Pharma presents a promising prospect for investors seeking opportunities in the biotechnology and pharmaceutical industries. For further information, visit Verona Pharma's website.

Business keywords: biopharmaceutical company, respiratory diseases, chronic conditions, ensifentrine, lung function improvement, COPD exacerbations, clinical-stage, Nasdaq listed, management team, innovative therapies, bronchodilator, anti-inflammatory activities, clinical trials, London headquarters, commercialization

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $650.00M 2
Oaktree Capital, Ontario Municipal Employees Retirement System
09 May 2024
Post IPO Debt $400.00M 2
Hercules Capital, Oxford Finance LLC
02 Jan 2024
Post IPO Debt $150.00M 1
Oxford Finance LLC
17 Oct 2022
Post IPO Debt $30.00M 1
Silicon Valley Bank
23 Nov 2020
Post IPO Equity $200.00M 10
Novo Holdings, RA Capital Management +8
17 Jul 2020
Post IPO Equity £44.70M 9
New Enterprise Associates, Novo Holdings +7
20 Jun 2016
Post IPO Equity $11.50M 1
Henderson Global Investors
06 Feb 2012

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FAQ About Verona Pharma

Developing life enhancing treatments for chronic respiratory diseases
Verona Pharma was founded in 2005.
Verona Pharma is headquartered in London, United Kingdom.
Verona Pharma operates in Biotechnology, Health and Wellness and Pharmaceutical. Its work centres on biopharmaceutical company, respiratory diseases, chronic conditions and ensifentrine.
Verona Pharma has approximately 195 employees.
Verona Pharma has completed 7 funding rounds, raising a total of $1.49B. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Verona Pharma include Antharis Therapeutics, Inc., Immunic Therapeutics, Lisata Therapeutics, Inc., SetPoint Medical, PaxMedica, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Verona Pharma and Antharis Therapeutics, Inc. 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 Verona Pharma, https://bouncewatch.com/company/verona-pharma, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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