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Cardiorentis

Biotech & Life Sciences · Zug, Switzerland · Founded 2010

Working in drug development MoreLess

Cardiorentis AG, founded in 2010 and headquartered in Zug, Switzerland, is a private biopharmaceutical company focused on developing therapies for heart failure and related cardiovascular diseases. The company was established by Dr. Johannes Holzmeister, an internationally recognized cardiologist who served as the CEO. Dr. Holzmeister studied medicine at Humboldt University of Berlin and gained clinical research experience at institutions like Charité in Berlin and the University Hospital of Zürich. His background in cardiology and clinical research directly informed the company's mission.

The core of Cardiorentis's research and development was its lead product candidate, Ularitide. This drug is a chemically synthesized form of urodilatin, a human peptide produced in the kidneys that regulates fluid and sodium balance. Ularitide was developed as an intravenous treatment for acute decompensated heart failure (ADHF), a life-threatening condition where heart function suddenly worsens. The drug works by binding to natriuretic peptide receptors, which helps relax smooth muscle tissues, leading to vasodilation and increased blood flow. In December 2015, the U.S. Food and Drug Administration (FDA) granted Fast Track designation to Ularitide for ADHF, aiming to speed up its development and review process.

Cardiorentis operated on a business model centered on drug development and subsequent commercialization, contingent on successful clinical trials. The company's financial strategy involved securing significant private funding to advance its clinical programs. Over its active years, Cardiorentis raised a total of $119 million through two major funding rounds from investors including HealthCare Royalty Partners and Daniel Gutenberg. A significant milestone was the initiation of the TRUE-AHF Phase III clinical trial in August 2012, a large-scale study involving over 2,100 patients across numerous centers in the U.S., Europe, Canada, and Latin America. The company also entered into a collaboration with Roche in 2014 to incorporate advanced diagnostic tests into the trial. However, the results of the TRUE-AHF trial showed that Ularitide did not sufficiently improve patient conditions, leading to legal disputes with the clinical research organization, IQVIA, over the management of the trial. The company is now considered inactive.

Keywords: Cardiorentis, Ularitide, acute decompensated heart failure, ADHF, biopharmaceutical, cardiovascular diseases, Johannes Holzmeister, drug development, clinical trials, urodilatin, natriuretic peptide, TRUE-AHF trial, heart failure treatment, vasodilation, Roche collaboration, HealthCare Royalty Partners, Phase III trial, cardiovascular mortality, clinical research, drug discovery

Company overview

Cardiorentis company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2010
Headquarters
Zug, Switzerland
Employees
1
Open positions
None listed
Dealroom signal
23.3
sub industryBioTechnologyindustryHealthsectorDeveloper ToolssectorBiotechnologysectorCardiology and cardiovascularsectorPatient CaresectorBiotech and PharmasectorHard TechsectorDT and LSsectorscience-basedsectorSwiss DT Biotechclient focusb2b

Valuation & funding

Cardiorentis funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jan 2016 $60M $240M Undisclosed
SERIES AOther financing Sep 2014 $50M $198M HealthCare Royalty
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Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $4.9M 0% 1
2025 $4.9M 0% 1
2024 $4.9M 0% 2
2023 $4.9M 0%
2022 $4.9M 0%
2021 $4.9M 0%
2020 $4.9M
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Growth signals

Cardiorentis website traffic

Latest recorded traffic for Cardiorentis is 200 monthly website visits. Cardiorentis's team grew 0% over the past year.

Latest monthly visits200 1-year team growth0%
Monthly website visits44 observations · Jan 2017–Sep 2023
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Comparisons

Cardiorentis compared with similar companies

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Talent graph

Cardiorentis's talent

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Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

1 investor on Cardiorentis's cap table

Sourced from Dealroom's funding and investor records.

Series A 1 investor entered at this stage
HealthCare Royalty

Global footprint

Where Cardiorentis has talent and traffic

Workforce by country
🇨🇭 Switzerland · Zug HQ
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In the news

Latest news about Cardiorentis

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Market sentiment

What the market is saying about Cardiorentis

An AI-synthesized read of the highest-engagement posts about Cardiorentis on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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