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Diurnal
Specialty pharmaceutical developing hormone therapeutics for endocrine diseases
About Diurnal
Diurnal, a UK-based specialty pharmaceutical company founded in 2004, develops hormone therapeutics for chronic and rare endocrine diseases. In November 2022, Diurnal was acquired by Neurocrine Biosciences, a US-based biopharmaceutical company, for approximately £48.3 million ($56.5 million). The acquisition was intended to leverage Neurocrine's resources to accelerate the development of Diurnal's portfolio and establish a commercial presence for Neurocrine in Europe.
The company focuses on creating products that mimic the body's natural circadian rhythms to address unmet needs in hormone replacement. Its business model centers on developing and commercializing treatments for conditions resulting from cortisol and testosterone deficiencies. Diurnal's approach involves using approved drug substances with modified delivery systems, which helps to de-risk and shorten the development process.
Diurnal has two key commercial-stage products. Alkindi® (marketed as Alkindi Sprinkle in the US) is an immediate-release hydrocortisone formulation specifically designed for pediatric patients with adrenal insufficiency (AI), including congenital adrenal hyperplasia (CAH). It offers age-appropriate, taste-masked dosing for neonates, infants, and children. Efmody® is a modified-release hydrocortisone capsule for treating adolescents and adults with CAH. The company's pipeline has also included treatments for hypogonadism and hypothyroidism.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2004
- Headquarters
- Cardiff, United Kingdom
- Listing
- IPO 2015
- Employees
- 48
- Open positions
- None listed
- Dealroom signal
- 43.0/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Disease, Biotech and Pharma, Hard Tech, Horizon Europe, DT and LS, uk is8 life sciences, UKSU
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Other✓Other financing | Dec 2025 | $53M | — | Undisclosed | ↗ |
| ACQUISITION✓Exit | Aug 2022 | $57M | $57M | Neurocrine Biosciences | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Diurnal is 1.1K monthly website visits, up 66.7% over the last three months. Diurnal's team grew 4.3% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
- FIFusion IP
Finance Wales
IP Group
Other known investors2 additional known investors
Neurocrine Biosciences
University of Sheffield
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Diurnal on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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