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Index Pharmaceuticals

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Developing drugs to treat inflammatory bowel disease that can help patients return to a normal life

Solna kommun, SwedenFounded 2000Biotech & Life Sciences
Valuation $50–100M Last recorded · 2014
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Index Pharmaceuticals and the history behind them.

About Index Pharmaceuticals

InDex Pharmaceuticals Holding AB is a biopharmaceutical company listed on the Nasdaq First North Growth Market. The company focuses on developing innovative treatments for immunological disorders, with a particular emphasis on ulcerative colitis, a chronic inflammatory bowel disease. The Group includes InDex Pharmaceuticals AB and its wholly-owned subsidiary, InDex Diagnostics AB.

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The primary product in InDex Pharmaceuticals' pipeline is cobitolimod, a drug designed to treat moderate to severe left-sided ulcerative colitis. Cobitolimod has a unique mechanism of action, which aims to provide effective and safe treatment options for patients who have limited alternatives. The company is currently preparing for a Phase III clinical trial to further evaluate the drug's efficacy and safety.

InDex Pharmaceuticals serves patients suffering from immunological disorders, particularly those with ulcerative colitis. The company operates in the biopharmaceutical market, which involves the development and commercialization of drugs based on biological sources.

The business model of InDex Pharmaceuticals revolves around research and development (R&D) of new drug candidates. The company invests heavily in clinical trials to ensure the safety and efficacy of its products. Revenue is generated through the successful commercialization of these drugs, either by bringing them to market directly or through partnerships and licensing agreements with larger pharmaceutical companies.

InDex Pharmaceuticals makes money by advancing its drug candidates through the clinical trial phases and eventually obtaining regulatory approval for market release. Once approved, the company can either sell the drugs directly to healthcare providers and patients or license the rights to other pharmaceutical companies in exchange for royalties and milestone payments.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2000
Headquarters
Solna kommun, Sweden
Employees
10
Open positions
None listed
Dealroom signal
57.4/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, DNA, Gastroenterology, Genetics and genomics, Immune System, Spinout, Sustainable Development Goals, Biotech and Pharma
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Mar 2020 $242K — Vinnova —
GRANT✓Other financing Mar 2018 $55K — European Innovation Council —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

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

Index Pharmaceuticals website traffic

Latest recorded traffic for Index Pharmaceuticals is 1.3K monthly website visits, down 67.5% over the last three months. Index Pharmaceuticals's team grew 0% over the past year.

Latest monthly visits1.3K 3-month web change-67.5% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

7 investors on the cap table

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

Seed2 investors entered at this stage

  • Vinnova
  • European Innovation Council

Series A3 investors entered at this stage

Other known investors2 additional known investors

  • Karolinska Institute
  • KI Science Park
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
2 countries with
team presence
🇧🇦 Bosnia and Herzegovina50%
🇸🇪 Sweden50%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Index Pharmaceuticals 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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