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SpineThera

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Novel, sustained-release, injectable drugs to treat pain

Plymouth, United StatesFounded 2012Biotech & Life Sciences
Valuation $10–25M Last recorded · 2018
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About SpineThera

SpineThera, Inc. is a clinical-stage pharmaceutical company established in 2006 by founder and Chief Scientific Officer, Jeff authentic who has a rich background in biomedical engineering and drug delivery. The firm is strategically focused on developing injectable, sustained-release drug formulations specifically for epidural and spinal administration. This specialization targets the pressing need for safer and more effective treatments for conditions such as chronic lower back pain, a market with substantial unmet clinical demand.

The company's core technology revolves around a proprietary biodegradable microparticle platform designed for sustained drug delivery. This approach aims to provide prolonged therapeutic effects, thereby reducing the frequency of required injections and potentially improving patient compliance and overall treatment outcomes. A key product in their pipeline is SX600, a non-opioid, injectable steroid formulation intended for managing sciatic nerve pain in the lower back. This product is currently in late-stage clinical development, having completed Phase 2 trials and preparing for Phase 3, a significant milestone in its path toward potential FDA approval.

SpineThera's business model is centered on the research, development, and eventual commercialization of its specialized drug candidates. Revenue generation will likely depend on securing regulatory approvals and then marketing these drugs to healthcare providers, particularly orthopedic spine surgeons and pain management specialists. The company has successfully navigated the complex process of securing capital, raising over $50 million through various financing rounds to fund its extensive research and clinical trial activities.

Source: Dealroom company data

At a glance

Founded
2012
Headquarters
Plymouth, United States
Sector
Biotech & Life Sciences

Investors

1 investor on the cap table

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

Seed1 investor entered at this stage

  • US Department of War
Team profiled 2 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
2 countries with
team presence
🇺🇸 United States50%
🇦🇺 Australia50%
2 countries shown

Market sentiment

Posts on X, past 7 days

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