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Imaginepharma
Developing therapies using its IMG-1 polypeptide for oral delivery, regenerative medicine, and novel therapeutics
About Imaginepharma
Imagine Pharma, a Pittsburgh-based biotechnology firm founded in 2016, is focused on developing treatments for diseases with limited medical options. The company was established by Dr. Ngoc L. Thai, an internationally recognized transplant surgeon, who also serves as co-CEO and Chief Medical Officer. Dr. Thai's journey began after discovering the IMG-1 polypeptide in a tea plant from his native Vietnam. This discovery is now the cornerstone of the company's research and development. He is joined by co-CEO Santiago Pujadas, who brings extensive management experience to the team.
Read full description
Imagine Pharma's business revolves around its core discovery, the IMG-1 polypeptide, which has led to the creation of three distinct development platforms: Oral Delivery, Therapeutics, and Regenerative Medicine. These platforms are aimed at creating first-in-class programs to address various disease states in large, underserved markets. The company's business model encompasses multiple revenue paths, including the commercialization of a nutritional supplement, strategic partnerships, licensing agreements, and providing islet isolation services. In a significant milestone, the company was selected by the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) as an approved Islet Isolation Center, supplying research-grade human islets to major academic diabetes centers.
The company's product pipeline is diverse. The Oral Delivery platform is working on making injections a thing of the past by developing oral versions of biologics like erythropoietin and GLP-1 receptor agonists. The Therapeutics platform is developing treatments to accelerate healing for skin donor sites and diabetic wounds. Most notably, the Regenerative Medicine platform is pioneering a potential cure for Type 1 diabetes by using IMG-1 to regenerate and propagate insulin-producing islet cells from a patient's own pancreas for autologous transplantation. In October 2023, Imagine Pharma secured $32.5 million in a Series A funding round led by IP Investors LLC, bringing its total funding to $40 million to advance these programs.
At a glance
- Status
- Low Activity
- Founded
- 2016
- Headquarters
- Pittsburgh, United States
- Employees
- 15
- Open positions
- None listed
- Dealroom signal
- 0.0/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Diabetes, Biotechnology, Cardiology and cardiovascular, Biotech and Pharma, Hard Tech, DT and LS, science-based
- 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 |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Oct 2023 | $33M | $130M | IP Investors | ↗ |
| LATE VCEquity / VC | May 2023 | $350K | $1.4M | Undisclosed | — |
Growth signals
Latest recorded traffic for Imaginepharma is 910 monthly website visits, down 3.2% over the last three months. Imaginepharma's team declined 6.3% over the past year.
Similar companies
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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.
Series A1 investor entered at this stage
- IIIP Investors
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Imaginepharma on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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