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Company profile: Tryp Therapeutics

1.1 - Company Overview

Tryp Therapeutics Logo

Tryp Therapeutics

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of clinical-stage psilocybin-based therapeutics, developing an IV infusion of psilocin and synthetic oral psilocybin to address neuropsychiatric disorders, orphan diseases, and conditions with no effective first-line treatments. Offerings include TRP-8803, a proprietary IV psilocin formulation, TRP-8802 in early-stage trials, and Phase 2a studies in fibromyalgia, binge eating disorder, and irritable bowel syndrome.

Products and services

  • TRP-8803: Proprietary psilocin delivered via intravenous infusion—the active metabolite of psilocybin—architected to address neuropsychiatric disorders by amplifying psilocybin’s effects while reducing its limitations
  • Phase 2a Clinical Trials: Phase 2a evaluations measuring efficacy of Tryp’s psilocybin-based compounds for fibromyalgia, binge eating disorder, and irritable bowel syndrome
  • TRP-8802: Synthetic psilocybin in oral form employed in early-stage clinical trials to demonstrate potential benefits for treating neuropsychiatric disorders

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Tryp Therapeutics

Oscine Therapeutics Logo

Oscine Therapeutics

HQ: United States Website
  • Description: Provider of biotechnology innovations based on discoveries made and developed at the University of Rochester Medical Center.
  • 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 Oscine Therapeutics company profile →
Sonoma Bio Logo

Sonoma Bio

HQ: United States Website
  • Description: Provider of Treg and Teff cell therapies and autoimmune disease research, developing adoptive Treg therapies for rheumatoid arthritis, inflammatory bowel disease, and hidradenitis suppurativa. Pipeline includes SBT-77-7101, a Treg cell therapy targeting citrullinated proteins to reduce inflammation, and SBT-11-5301, a Phase 1 effector T cell-modulating biologic, with clinical trials assessing safety and effectiveness.
  • 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 Sonoma Bio company profile →
Cingulate Logo

Cingulate

HQ: United States Website
  • Description: Provider of precision timed-release therapeutics combining delivery technology with proven medications to deliver rapid-onset, once-daily, full-day efficacy. Portfolio includes ADHD treatments CTx-1301 (dexmethylphenidate) and CTx-1302 (dextroamphetamine), and CTx-2103 (buspirone HCl) for anxiety under development, powered by its Precision Timed Release (PTR) platform enabling predefined release times.
  • 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 Cingulate company profile →
Chestnut Medical Logo

Chestnut Medical

HQ: United States Website
  • Description: Provider of minimally invasive therapies and technologies for interventional neuroradiology, focused on improving outcomes and reducing complications in the treatment of neurovascular disease.
  • 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 Chestnut Medical company profile →
Balt Logo

Balt

HQ: France Website
  • Description: Provider of interventional neuroradiology (INR) devices for treating strokes, aneurysms, and arteriovenous malformations. BALT designs, manufactures, and distributes essential devices such as catheters, stents, and coils, working with neurovascular surgeons to address complex, life-threatening conditions.
  • 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 Balt 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 Tryp Therapeutics

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Tryp Therapeutics

2.2 - Growth funds investing in similar companies to Tryp Therapeutics

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4 - Top valuation comps for Tryp Therapeutics

4.2 - Public trading comparable groups for Tryp Therapeutics

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4.3 - M&A Transactions similar to Tryp Therapeutics

Selected M&A transactions

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Frequently Asked Questions

About Tryp Therapeutics

What does Tryp Therapeutics do?

Tryp Therapeutics is a provider of clinical-stage psilocybin-based therapeutics, developing an IV infusion of psilocin and synthetic oral psilocybin to address neuropsychiatric disorders, orphan diseases, and conditions with no effective first-line treatments. Offerings include TRP-8803, a proprietary IV psilocin formulation, TRP-8802 in early-stage trials, and Phase 2a studies in fibromyalgia, binge eating disorder, and irritable bowel syndrome.

Who are Tryp Therapeutics's competitors?

Tryp Therapeutics's competitors and similar companies include Oscine Therapeutics, Sonoma Bio, Cingulate, Chestnut Medical, and Balt.

Where is Tryp Therapeutics headquartered?

Tryp Therapeutics is headquartered in Canada.

How many employees does Tryp Therapeutics have?

Tryp Therapeutics has 1,000 employees 🔒.

When was Tryp Therapeutics founded?

Tryp Therapeutics was founded in 2010 🔒.

What sector and industry vertical is Tryp Therapeutics in?

Tryp Therapeutics is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Tryp Therapeutics

Who are the top strategic acquirers in Tryp Therapeutics's sector and industry

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Financial Investors investing in Tryp Therapeutics's sector and industry vertical

Which are the top PE firms investing in Tryp Therapeutics's sector and industry vertical?

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Who are the top buyout funds acquiring in Tryp Therapeutics's sector and industry vertical?

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Valuation benchmarks of companies in Tryp Therapeutics's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Tryp Therapeutics?

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What are recent M&A transactions in Tryp Therapeutics's sector and industry vertical?

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What are recent capital raises and funding rounds in Tryp Therapeutics's' sector and industry vertical?

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