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Forendo Pharma

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Clinical stage drug development company focused on novel therapeutic solutions for women's health

Turku, FinlandFounded 2013Biotech & Life Sciences
Valuation $50–100M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Forendo Pharma

Forendo Pharma is a clinical-stage drug development company specializing in innovative therapeutic solutions for endometriosis. Operating in the biopharmaceutical sector, Forendo Pharma leverages its proprietary HSD17B platform to develop novel treatments aimed at addressing unmet medical needs in women's health. The company primarily serves patients suffering from endometriosis, a condition characterized by painful symptoms due to tissue similar to the lining inside the uterus growing outside it. Forendo Pharma's business model focuses on research and development (R&D) to create groundbreaking drugs, which are then brought to market through strategic partnerships and collaborations with major pharmaceutical companies. Revenue is generated through licensing agreements, milestone payments, and potential future sales of approved therapies. The company's investors include Novo Seeds, Karolinska Development, Innovestor, Novartis Venture Fund, M Ventures, Vesalius Biocapital III Partners, and Sunstone Life Science Ventures.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Turku, Finland
Employees
19
Open positions
None listed
Dealroom signal
71.3/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Drug Development, Patient Care, Biotech and Pharma, Hard Tech, DT and LS, science-based

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Nov 2021 $75M $75M Organon ↗
EARLY VC✓Equity / VC Jul 2019 $5.6M $23M M Ventures · Vesalius Biocapital Partners · Novartis Venture Fund · Novo Holdings —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Forendo Pharma website traffic

Latest recorded traffic for Forendo Pharma is 190 monthly website visits, down 13.6% over the last three months. Forendo Pharma's team grew 5.6% over the past year.

Latest monthly visits190 3-month web change-13.6% 1-year team growth+5.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • M Ventures
  • Novartis Venture Fund
  • Vesalius Biocapital Partners
  • Sunstone Life Science Ventures
  • Novo Holdings

Series B and later1 investor entered at this stage

Other known investors3 additional known investors

  • Organon
  • Innovestor
  • Karolinska Development
Team profiled 4 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.

Global footprint

Workforce and web traffic by country
Workforce by country
🇫🇮 Finland · Turku HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Forendo Pharma 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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