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KiOmed Pharma

Biotech & Life Sciences · Liège, Belgium · Founded 2012

Animal-free chitosan medical devices for degenerative diseases MoreLess

KiOmed Pharma is a Belgian biotechnology company that develops, manufactures, and distributes medical devices based on its proprietary animal-free chitosan biopolymer, KiOmedine®. Founded in 2012 by François Blondel and spun out from KitoZyme, the company targets high-impact pathologies such as osteoarthritis, skin aging, and eye disorders. Blondel, who serves as Executive Chairman, has a background in law and economics and experience in managing technology and healthcare companies. Houtaï Choumane has been the CEO since the company's inception in 2014 and has nearly two decades of experience in the biotech industry, including a previous role as CEO of Artialis S.A., which specialized in biomarkers for musculoskeletal disorders.

The company's core technology, KiOmedine®, is a medical-grade carboxymethyl chitosan (CM-Chitosan) derived from mushrooms, offering an alternative to traditional animal-based chitosan sourced from shellfish. This technology is designed to have high purity, biocompatibility, and provides benefits such as tissue lubrication, protection against oxidative stress, and collagen synthesis stimulation. KiOmed's business model focuses on developing and commercializing a pipeline of injectable medical devices for rheumatology, aesthetic medicine, and ophthalmology. The company generates revenue through the sale of its products and strategic partnerships for global commercialization, including royalty and milestone payments.

One of KiOmed Pharma's key products is KioMedinevsone, a single-injection treatment for knee osteoarthritis symptoms that launched in several European and Middle Eastern markets in 2022. The company has established strategic partnerships to expand its market reach, including collaborations with Hansoh Pharmaceutical for distribution in China and Sinclair for the aesthetic sector. In March 2025, KiOmed Pharma secured €18 million in funding to support the international growth of KiOmedine® and accelerate development in its other focus areas. The company has also partnered with digital therapeutics firm moveUP to create a mobile health application for personalized osteoarthritis treatment.

Keywords: animal-free chitosan, medical devices, osteoarthritis, degenerative diseases, KiOmedine, carboxymethyl chitosan, injectable therapeutics, aesthetic medicine, ophthalmology, rheumatology, biopolymers, KitoZyme spinout, François Blondel, Houtaï Choumane, KioMedinevsone, joint health, skin aging, dry eye syndrome, tissue regeneration, oxidative stress

Company overview

KiOmed Pharma company information

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

Status
Operational
Founded
2012
Headquarters
Liège, Belgium
Employees
46
Open positions
None listed
Dealroom signal
83.2
client focusb2btechnologyDeep Techsub industryPharmaceuticalsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorSpinoutsectorSustainable Development GoalssectorBiotech and PharmasectorClimate TechsectorHorizon EuropesectorDT and LSsectorscience-based

Valuation & funding

KiOmed Pharma funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Mar 2025 $8.8M Noshaq · European Union · Public Service of Wallonia · Kitozyme
LATE VCEquity / VC Mar 2025 $11M $44M Public Service of Wallonia · Noshaq · European Union · Kitozyme
SERIES AEquity / VC Jun 2016 $8M $32M Public Service of Wallonia · Noshaq
SPINOUTOther financing Jun 2012 $0 University of Liège · Kitozyme
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $10M 0% $4.9M 48.4% −$5.6M -55%
2025 $10M 0% $4.9M 48.4% −$5.6M -55%
2024 $10M 0% $4.9M 48.4% −$5.6M -55%
2023 $10M 0% $4.9M 48.4%
2022 $10M +83.8% $4.9M 48.4%
2021 $5.5M $2.6M 46.1%
2020 −$1.4M
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Growth signals

KiOmed Pharma website traffic

Latest recorded traffic for KiOmed Pharma is 460 monthly website visits, up 9.5% over the last three months. KiOmed Pharma's team grew 130% over the past year.

Latest monthly visits460 3-month web change+9.5% 1-year team growth+130%
Monthly website visits93 observations · Oct 2017–Jul 2026
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Comparisons

KiOmed Pharma compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Sea4UsSea4Us is a biopharmaceutical startup specializing in discovering and developing new drugs, leveraging expertise in ion channels and marine biology Vila do Bispo, Portugal Operational 26 $6.2M $23M
HolloidProvides real-time multi-dimensional data on colloids, based on 3D imaging, with the throughput of cytometry Vienna, Austria Operational
AquaporinDeveloping advanced biotechnologies to purify water and desalinate seawater Kongens Lyngby, Denmark Operational
PepticomAn Artificial Intelligence (AI) company for the discovery of novel molecules in the Pharmaceutical and Agricultural markets Jerusalem, Israel Operational
Molecular AttractionEco-friendly bio-attractants for vector-borne disease control Solna kommun, Sweden Operational
ALGAIAIs a company developing, producing and commercializing Natural Extracts, mostly made out of seaweed Lannilis, France Acquired
PROSION TherapeuticsPROSION Therapeutics is a drug development company with a proprietary platform that addresses highly unmet medical needs by unlocking undruggables Cologne, Germany Operational
NeuroKaireGenetika+ is developing a tailored medical diagnostic instrument to help doctors cure depression. Genetika+ predicts the best pharmacological treatment for each patient, allowing faster treatment Kearny, United States Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

KiOmed Pharma's talent

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Team profiled 3 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

6 investors on KiOmed Pharma's cap table

Sourced from Dealroom's funding and investor records.

Series A 2 investors entered at this stage
Public Service of Wallonia
Noshaq
Series B+ 2 investors entered at this stage
European Union
Kitozyme
Other known 2 additional known investors
University of Liège
WE Venture

Global footprint

Where KiOmed Pharma has talent and traffic

Workforce by country
5 countries with
team presence
🇧🇪 Belgium90.7%
🇩🇪 Germany2.3%
🇮🇹 Italy2.3%
🇨🇾 Cyprus2.3%
🇫🇷 France2.3%
5 countries shown

In the news

Latest news about KiOmed Pharma

Recent press, funding announcements, and product moves mentioning KiOmed Pharma — open to read from the original sources.

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Market sentiment

What the market is saying about KiOmed Pharma

An AI-synthesized read of the highest-engagement posts about KiOmed Pharma 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.

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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