About Espero Pharmaceuticals
Espero Pharmaceuticals is a commercial-stage cardiovascular pharmaceutical company engaged in maximizing the commercial value of proven treatments that improve the quality of life for patients. Espero is focused on compounds with proven safety and efficacy administered via novel delivery solutions in the cardiovascular category.
Espero Pharmaceuticals Headquarter Location
14286-19 Beach Blvd #270
Jacksonville Beach, Florida, 32250,
United States
Latest Espero Pharmaceuticals News
Jun 25, 2020
Espero BioPharma Assets Offered For Sale 6/25/20 Espero BioPharma, Inc. is focused on the development of drugs for the treatment of cardiorenal diseases. The company, a private Delaware corporation, is the result of a 2017 business combination between Espero Pharmaceuticals, Inc. and Armetheon, Inc. The company's portfolio of products includes: (i) tecarfarin, a Phase III-ready oral anti-coagulant with FDA orphan drug designation for patients with End Stage Renal Disease (ESRD) and atrial fibrillation (AFib) and (ii) DURLAZA (aspirin Extended Release Capsules, 162.5mg), an FDA-approved antiplatelet therapy. The U.S. has a $13 billion-dollar oral anticoagulant market. ESRD patients with AFib is a distinct population within this market and Espero's tecarfarin is a potential solution for this high-risk group with no currently FDA-approved therapies. Rock Creek Advisors, LLC ( www.rockcreekfa.com ) is serving as Espero's Financial Advisor and is selling the assets of Espero BioPharma, Inc., including all intellectual properties, patent portfolio, formulations, URLs and trademarks associated with its names and brands as well as clinical trial results and related data to drug development. General Bid Deadline is July 28, 2020 at 5 p.m. (EDT)
Espero Pharmaceuticals Acquisitions
2 Acquisitions
Espero Pharmaceuticals acquired 2 companies. Their latest acquisition was Armetheon on March 30, 2017.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
3/30/2017 | Series B | $31.3M | Merger | 1 | ||
2/7/2017 |
Date | 3/30/2017 | 2/7/2017 |
---|---|---|
Investment Stage | Series B | |
Companies | ||
Valuation | ||
Total Funding | $31.3M | |
Note | Merger | |
Sources | 1 |
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