Centrexion Therapeutics is a technology company.
Centrexion Therapeutics has raised $67.0M across 1 funding round.
Centrexion Therapeutics has raised $67.0M in total across 1 funding round.
Centrexion Therapeutics is a biotechnology company developing novel, non-opioid therapies to treat chronic pain, addressing the safety and efficacy gaps in current treatments amid the opioid crisis.[1][2][3][4] It serves patients with chronic moderate to severe pain conditions—such as osteoarthritis—and healthcare systems burdened by addiction risks, through a broad pipeline including topical gels, injections, spinal deliveries, and oral treatments that target pain signal origins using big data analytics and translational science.[1][3][4] The company also expands into immunology, positioning itself for growth in high-unmet-need markets with partners like Lilly and Boehringer Ingelheim.[3]
Centrexion Therapeutics emerged as a biotech focused on chronic pain innovation, backed by investors like NEA, though specific founding year and founders are not detailed in available records.[2] Its backstory ties to the opioid epidemic's escalation, driving the need for non-addictive alternatives; early milestones include presenting data on CNTX-4975 at 2019 conferences like the British Society for Rheumatology and OARSI World Congress, and in-licensing CNTX-0290 to Eli Lilly.[1][3] Led by CEO Jeffrey B. Kindler (former Pfizer CEO) and a team with drug development expertise—including President/CSO James N. Campbell, M.D., and CMO Randall Stevens, M.D.—the company has evolved from pain-exclusive focus to include immunology, building traction through partnerships with pharma giants and NIH.[3]
Centrexion rides the global push for non-opioid pain solutions amid the chronic pain epidemic affecting millions and straining healthcare from opioid abuse, deaths, and addiction.[1][4] Timing aligns with surging governmental and private support for such therapies, amplified by post-2019 regulatory shifts favoring alternatives to opioids.[1][3] Market forces like rising chronic pain prevalence and immunology advances favor its multi-modal pipeline, influencing the biotech ecosystem by bridging unmet needs through partnerships that accelerate development and validate non-addictive innovations.[2][3][4]
Centrexion is poised for pipeline milestones, including advancing non-opioid pain candidates and immunology assets, potentially through further partnerships or IPO pursuits as pre-IPO interest grows.[3][5] Trends like expanded non-opioid funding and immunology breakthroughs will shape its path, evolving its influence from pain specialist to broader therapeutics leader—transforming chronic pain management without addiction's shadow.[1][3] This positions it to deliver on its mission of safe, effective relief in a high-need landscape.
Centrexion Therapeutics has raised $67.0M in total across 1 funding round.
Centrexion Therapeutics's investors include Avoro Ventures, David Parkinson, Elliott Sigal.
Centrexion Therapeutics has raised $67.0M across 1 funding round. Most recently, it raised $67.0M Series D in January 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2018 | $67.0M Series D | Avoro Ventures, David Parkinson, Elliott Sigal |