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Company profile: Convergence Pharmaceuticals

1.1 - Company Overview

Convergence Pharmaceuticals Logo

Convergence Pharmaceuticals

Headquarter: United Kingdom
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of novel analgesics for the treatment of chronic pain. An independent biotechnology company focused on developing therapies with potentially commercially attractive efficacy, responder-rate, and side effect profiles. Formed in October 2010 following the acquisition of certain neuroscience clinical assets from GlaxoSmithKline (GSK).

Products and services

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Key contacts

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Financial details

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1.2 - Competitors and similar companies to Convergence Pharmaceuticals

CanniMed Logo

CanniMed

HQ: Canada Website
  • Description: Provider of standardized, pharmaceutical-grade medical cannabis in Canada, operating as a plant biopharmaceutical company under Health Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR).
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full CanniMed company profile →
Addex Therapeutics Logo

Addex Therapeutics

HQ: Switzerland Website
  • Description: Provider of clinical-stage, orally available small-molecule allosteric modulators. Pipeline includes ADX71149, an mGlu2 positive allosteric modulator in Phase 2 for epilepsy; dipraglurant, an mGlu5 negative allosteric modulator for post-stroke/TBI sensorimotor recovery; and GABAB PAM programs for substance use disorder (licensed to Indivior) and chronic cough.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Addex Therapeutics company profile →
Hypnion Logo

Hypnion

HQ: United States Website
  • Description: Provider of neuroscience drug discovery and development services focused on novel therapeutics for central nervous system disorders, including sleep and wake-alertness disorders and circadian rhythm abnormalities; offers SCORE-2004, a drug discovery platform.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Hypnion company profile →
Athira Pharma Logo

Athira Pharma

HQ: United States Website
  • Description: Provider of clinical-stage biotechnology and pharmaceutical drug development focused on neurodegenerative diseases. Develops small-molecule therapies including fosgonimeton, which enhances hepatocyte growth factor/MET activity for conditions like Alzheimer’s and Parkinson’s, and ATH-1105, a positive modulator of the neurotrophic HGF system for ALS. Conducts clinical trials to assess safety and efficacy.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Athira Pharma company profile →
Anavex Life Sciences Logo

Anavex Life Sciences

HQ: United States Website
  • Description: Provider of biopharmaceutical drug candidates for cancer and neurological diseases, including ANAVEX 2-73 (blarcamesine), an orally available small-molecule activator of the sigma-1 receptor (SIGMAR1) for Alzheimer's, Parkinson's, and Rett syndrome; ANAVEX 3-71 targeting sigma-1 and M1 muscarinic receptors for schizophrenia, Alzheimer's, and frontotemporal dementia; and the SIGMACEPTOR Discovery Platform for CNS disorders.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Anavex Life Sciences company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Convergence Pharmaceuticals

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Buyer group 1: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Convergence Pharmaceuticals

2.2 - Growth funds investing in similar companies to Convergence Pharmaceuticals

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4 - Top valuation comps for Convergence Pharmaceuticals

4.2 - Public trading comparable groups for Convergence Pharmaceuticals

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4.3 - M&A Transactions similar to Convergence Pharmaceuticals

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Convergence Pharmaceuticals

What does Convergence Pharmaceuticals do?

Convergence Pharmaceuticals is a provider of novel analgesics for the treatment of chronic pain. An independent biotechnology company focused on developing therapies with potentially commercially attractive efficacy, responder-rate, and side effect profiles. Formed in October 2010 following the acquisition of certain neuroscience clinical assets from GlaxoSmithKline (GSK).

Who are Convergence Pharmaceuticals's competitors?

Convergence Pharmaceuticals's competitors and similar companies include CanniMed, Addex Therapeutics, Hypnion, Athira Pharma, and Anavex Life Sciences.

Where is Convergence Pharmaceuticals headquartered?

Convergence Pharmaceuticals is headquartered in United Kingdom.

How many employees does Convergence Pharmaceuticals have?

Convergence Pharmaceuticals has 1,000 employees 🔒.

When was Convergence Pharmaceuticals founded?

Convergence Pharmaceuticals was founded in 2010 🔒.

What sector and industry vertical is Convergence Pharmaceuticals in?

Convergence Pharmaceuticals is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Convergence Pharmaceuticals

Who are the top strategic acquirers in Convergence Pharmaceuticals's sector and industry

Top strategic M&A buyers and acquirers in Convergence Pharmaceuticals's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Convergence Pharmaceuticals?

Top strategic M&A buyers groups and sectors for Convergence Pharmaceuticals include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Convergence Pharmaceuticals's sector and industry vertical

Which are the top PE firms investing in Convergence Pharmaceuticals's sector and industry vertical?

Top PE firms investing in Convergence Pharmaceuticals's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Convergence Pharmaceuticals's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Convergence Pharmaceuticals's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Convergence Pharmaceuticals's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Convergence Pharmaceuticals include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Convergence Pharmaceuticals's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Convergence Pharmaceuticals?

The key public trading comparables and valuation benchmarks for Convergence Pharmaceuticals include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Convergence Pharmaceuticals for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Convergence Pharmaceuticals with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Convergence Pharmaceuticals's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Convergence Pharmaceuticals with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Convergence Pharmaceuticals's' sector and industry vertical?

Access recent funding rounds and capital raises in Convergence Pharmaceuticals's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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