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Cardior Pharmaceuticals has raised $91.3M across 2 funding rounds.
Key people at Cardior Pharmaceuticals.
Cardior Pharmaceuticals has raised $91.3M in total across 2 funding rounds.
Cardior Pharmaceuticals is a clinical-stage biotechnology company based in Hannover, Germany, that develops RNA-based therapeutics to prevent, repair, and reverse cardiovascular diseases. The organization focuses on non-coding RNAs and antisense oligonucleotides to target the root causes of cardiac dysfunction, with its lead candidate CDR132L currently in phase 2 clinical trials targeting a global population of over 65 million heart failure patients. Prior to its exit, the startup raised a €15 million Series A financing round in 2017 backed by prominent institutional investors including EQT Life Sciences, Boehringer Ingelheim Venture Fund, and Bristol-Myers Squibb. In March 2024, the company agreed to be acquired by pharmaceutical giant Novo Nordisk for a total deal value of up to €1.025 billion, encompassing both upfront payments and future development milestones. Cardior Pharmaceuticals was founded in 2016 by Professor Thomas Thum.
Cardior Pharmaceuticals is a clinical-stage biopharmaceutical company based in Hannover, Germany, specializing in RNA-based therapeutics to prevent, repair, and reverse heart diseases.[1][3][4] It develops non-coding RNA (ncRNA) platforms targeting root causes of cardiac dysfunction, with its lead candidate CDR-132L—an miR-132 inhibitor—in Phase 2 trials for heart failure post-myocardial infarction, alongside preclinical programs like CDR-426D for dilated cardiomyopathy and CDR-348T/CDR-641L for hypertrophic cardiomyopathy.[2][4] The company serves patients with cardiac conditions, addressing the leading cause of death in the Western world through innovative therapies like oligonucleotides that control pathological heart changes after stress or injury, having raised $89.3M in funding including a $76M round.[1][2][3]
Cardior Pharmaceuticals emerged as an academic spin-off focused on non-coding RNA therapies for heart disease.[2] Founded in Hannover, Germany, it leverages research into microRNAs (miRNAs) as master switches for cardiac remodeling, with early emphasis on CDR-132X (now CDR-132L) to inhibit miR-132 and halt pathological changes post-injury.[1][2][4] Key milestones include advancing to Phase 2 clinical trials, such as the HF-REVERT study started around 2019-2024 for acute myocardial infarction and heart failure, and securing substantial funding amid growing interest in RNA therapeutics.[2][3] Recent traction includes appointing Dr. Orly Vardeny, a heart failure expert from the University of Minnesota, as a permanent board guest to bolster clinical development.[3]
Cardior rides the wave of RNA therapeutics, expanding beyond mRNA vaccines (e.g., COVID-19) into non-coding RNAs for regenerative medicine, particularly cardiology where heart disease remains the top global killer.[1][2] Timing aligns with post-pandemic RNA tech maturity and unmet needs in heart failure, where few therapies reverse damage—market forces like aging populations and rising cardiovascular incidence (e.g., post-MI complications) favor ncRNA approaches over traditional drugs.[1][2][4] It influences the ecosystem by validating miRNA inhibition for fibrosis and remodeling, potentially inspiring spin-offs and partnerships in biotech hubs like Germany, while contributing to precision medicine shifts in cardiovascular care.[3]
Cardior is poised for Phase 2 readouts from HF-REVERT, which could validate CDR-132L and unlock Phase 3 advancement or partnerships with big pharma seeking heart failure assets.[2][3][4] Trends like AI-driven RNA design and combo therapies with SGLT2 inhibitors or gene editors will shape its path, amplifying impact amid a $50B+ cardiology market.[1] Its influence may grow through pipeline expansion and global trials, solidifying ncRNA as a pillar for cardiac repair and extending its legacy from academic pioneer to transformative player in patient outcomes.
Key people at Cardior Pharmaceuticals.
Cardior Pharmaceuticals has raised $91.3M in total across 2 funding rounds.
Cardior Pharmaceuticals's investors include INKEF Capital, BioMedPartners, Bristol Myers Squibb, coparion, Fund+, Hadean Ventures, High-Tech Grunderfonds, Karin Kleinhans, Sunstone Capital, Boehringer Ingelheim, Joachim Rothe.
Cardior Pharmaceuticals has raised $91.3M across 2 funding rounds. Most recently, it raised $75.0M Series B in August 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2021 | $75M Series B | INKEF Capital | BioMedPartners, Bristol Myers Squibb, Coparion, Fund+, Hadean Ventures, High Tech Grunderfonds, Karin Kleinhans, Sunstone Capital | Announced |
| May 11, 2017 | $16.3M Series A | BioMedPartners, Boehringer Ingelheim, Bristol Myers Squibb, High Tech Grunderfonds, Joachim Rothe | — | Announced |