Consegna Pharma

Consegna Pharma

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Private Company

Total funding raised: $18M

Overview

Consegna Pharma is a private, pre-revenue biotech developing long-acting injectable formulations of off-patent drugs using its Computational Drug Delivery™ platform. Its lead program, CP216, is a long-acting naloxone designed to prevent renarcotization in opioid overdose reversal, addressing a critical limitation of current short-acting antidotes. The company utilizes the FDA's 505(b)(2) regulatory pathway to potentially accelerate development and reduce risk. Its business model appears focused on out-licensing its formulated product portfolio to larger pharmaceutical partners for commercialization.

Opioid Overdose Reversal

Technology Platform

Computational Drug Delivery™, an AI-based software platform (ADSR™) that calculates formulation specifications for long-acting injectables using data on the drug, excipients, desired release profile, and physiological environment. It aims to accelerate development and reduce clinical and manufacturing scale-up risk.

Funding History

2
Total raised:$18M
Series A$15M
Seed$3M

Opportunities

The opioid overdose epidemic creates a urgent, large-scale public health need for a long-acting reversal agent like CP216, representing a potential best-in-class product.
The broader market for long-acting injectables to combat non-adherence in chronic diseases is expansive and growing, allowing the platform to target multiple high-value therapeutic areas.

Risk Factors

The company is at a very early, pre-clinical stage with high technical and clinical development risk.
As a pre-revenue startup, it faces significant funding and execution risk.
Its core platform technology remains unproven in delivering multiple successful candidates to the market.

Competitive Landscape

Competition in opioid overdose reversal includes existing naloxone products (e.g., Narcan, Kloxxado) and other entities potentially developing longer-acting antagonists. In the broader LAI space, Consegna competes with established drug delivery companies and generic pharmaceutical firms with formulation expertise, though its AI-driven platform aims to provide a speed and efficiency advantage.