Fundz

Spine Biopharma Completes Series B Financing

PRIVATEMar 28, 2022

Round Type

Series B

New YorkHealthcareHealth Care

Description

Spine BioPharma, Inc., a biopharmaceutical company committed to developing non-opiate, non-surgical therapies for the treatment of pain and disability from chronic low back pain caused by degenerative disc disease, today announced the completion of a $13 million Series B equity financing. Existing investors Viscogliosi Bros., LLC, Cercano Management, Pacira Biosciences and others participated in the financing. The company intends to use the financing to support further development of SB-01 For Injection "SB-01" (formerly referred to as RemediscTM), a first-in-class therapeutic for the treatment of degenerative disc disease.

Quick answer

Spine BioPharma raised an undisclosed amount in a Series B round, dated March 28, 2022. Spine BioPharma is based in New York, New York, United States.

How much did Spine BioPharma raise?
Spine BioPharma raised an undisclosed amount in a Series B round on March 28, 2022.
What does Spine BioPharma do?
Patients around the world are struggling with debilitating back pain, trying to avoid invasive surgeries and the potential of opioid addiction.
Where is Spine BioPharma based and how big is it?
Spine BioPharma is based in New York, New York, United States.
Who are the decision-makers at Spine BioPharma?
Fundz holds 2 contacts at Spine BioPharma, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who to call at Spine BioPharma, and when

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Company Information

Company

Spine BioPharma

Location

505 PARK AVENUE, 14TH FLOOR

New York, New York, United States

About

Patients around the world are struggling with debilitating back pain, trying to avoid invasive surgeries and the potential of opioid addiction. Spine Biopharma has developed a non-surgical solution that will remove pain and restore functionality, without having to use opioids.

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Fundz sees it the moment Spine BioPharma raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsMarc V., Executive Officer, Director hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Spine BioPharma raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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