OptiNose

About:

OptiNose develops nasal drug delivery technologies and combined drug and device therapies.

Website: http://www.optinose.com

Top Investors: Fidelity, Nantahala Capital Management, D. E. Shaw & Co., Avista Healthcare Partners, Pharmakon Advisors

Description:

OptiNose develops nasal drug delivery technologies and novel combination drug/device therapies. The drug delivery technologies are based upon a unique and patent-protected principal "Bi-Directional Delivery" which allows drugs to be more efficiently delivered to the nasal cavity. By applying its drug delivery technology, most of the dose is deposited beyond the nasal valve in the upper posterior two-thirds of the nasal cavity, unlike traditional devices. The OptiNose delivery devices have high dose reproducibility and avoid drug deposition to the lungs. In summary, technology fulfills the ideal requirements for nasal drug delivery. Clinical trials have shown that devices can provide a faster onset of action, greater effect with a lower dose, and reduced side effects. The company has offices in Norway and the UK.

Total Funding Amount:

$560M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Oslo, Oslo, Norway

Founded Date:

2000-01-01

Contact Email:

info(AT)optinose.no

Founders:

Helena Djupesland, Per Djupesland

Number of Employees:

101-250

Last Funding Date:

2024-05-09

IPO Status:

Public

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