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Origin BioMed

originbiomed.com

Founded Year

2001

Stage

Unattributed VC | Alive

Total Raised

$8.3M

Last Raised

$2M | 11 yrs ago

About Origin BioMed

Origin BioMed Inc., is an innovative biotechnology company currently expanding the markets for its exclusive pain relief,diabetic, skin and lip care products.

Headquarters Location

5162 Duke Street Suite 520

Halifax, Nova Scotia, B3J 1N7,

Canada

902-492-0013

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Expert Collections containing Origin BioMed

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Origin BioMed is included in 2 Expert Collections, including Diabetes.

D

Diabetes

1,898 items

B

Biopharma Tech

5,241 items

Companies involved in the research, development, and commercialization of chemically- or biologically-derived therapeutic & theranostic drugs. Excludes vitamins/supplements, CROs/clinical trial services.

Latest Origin BioMed News

Origin BioMed Prepares for New Growth

Aug 1, 2013

Sep 1, 2011 One of Nova Scotia's innovative life sciences companies is gearing up for future growth with support from the province and other investors. The province, through Nova Scotia Business Inc.(NSBI) Venture Capital, is providing Origin BioMed with an $850,000 follow-on investment. Avrio Ventures and GrowthWorks Atlantic are also providing financing of $650,000 and $500,000 respectively. NSBI Venture Capital has provided equity financing to help the company strengthen its financial base as it implements a new growth plan. A follow-on investment is additional financing as a company continues to grow. "The investment reflects the province's commitment to fostering innovation and helping businesses become more globally competitive," said John MacDonell, acting Minister of Economic and Rural Development and Tourism. "It aligns with Nova Scotia's jobsHere plan to create good jobs and grow a sustainable economy. " Origin BioMed is a leading innovator of over-the-counter topical drug products, which are items applied to the body surface. The Halifax company's lead product is Neuragen, which helps relieve pain caused by diabetic neuropathy, a breakdown of nerves. The original Neuragen Oil has been successful in Canada and the United States. The U.S. launch of Neuragen Cream this fall is expected to build on that success. "NSBI is working with Origin BioMed to help the company as it prepares to implement its new, strategic business plan and seek future growth," said Stephen Lund, president and CEO of NSBI. The company's products are sold in more than 40,000 stores across Canada and the United States with plans to expand. "We are proud of our current success with the Neuragen product and feel Nova Scotia has the right infrastructure and skilled workers from which to grow and meet our emerging global market opportunities," said Robert Dingee, CEO, Origin BioMed. Origin BioMed Inc. is an innovative over-the-counter consumer health products company focused on pain management. Its products are in all major drug store chains across North America. Nova Scotia Business Inc. is the province's private-sector-led business development agency. Through trade development, investment attraction, business financing and venture capital, NSBI helps local companies and attracts international businesses to Nova Scotia. NSBI Venture Capital is a mid- to late-stage investment fund focusing on Nova Scotia businesses in information and communications technology, defence and aerospace, energy, advanced manufacturing, and life sciences. Media Contact:

Origin BioMed Frequently Asked Questions (FAQ)

  • When was Origin BioMed founded?

    Origin BioMed was founded in 2001.

  • Where is Origin BioMed's headquarters?

    Origin BioMed's headquarters is located at 5162 Duke Street, Halifax.

  • What is Origin BioMed's latest funding round?

    Origin BioMed's latest funding round is Unattributed VC.

  • How much did Origin BioMed raise?

    Origin BioMed raised a total of $8.3M.

  • Who are the investors of Origin BioMed?

    Investors of Origin BioMed include NSBI Venture Capital, GrowthWorks, Rio Investment Partners, Atlantic Canada Opportunities Agency, First Angel Network and 3 more.

  • Who are Origin BioMed's competitors?

    Competitors of Origin BioMed include La Jolla Pharmaceutical Company, Fujirebio, Molmed, Altimmune, DermTech International and 11 more.

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