Nanexa

Nanexa

NANEXA.ST
Uppsala, Sweden· Est.
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Private Company

Total funding raised: $17.6M

Market Cap: $74.3MPipeline: 3 drugsPatents: 6Founded: 2009HQ: Uppsala, Sweden

Overview

Nanexa is a clinical-stage biotech company on a mission to redefine injectable medicines through its unique nanoengineering platform, PharmaShell®. The company has achieved significant validation through strategic partnerships with industry leaders like Novo Nordisk and AstraZeneca and is progressing proprietary assets toward clinical proof-of-concept. Its dual business model combines internal pipeline development with high-value technology licensing, aiming to capture value in the expansive long-acting injectables market.

Metabolic DiseasesOncology

Technology Platform

PharmaShell® is a drug delivery platform that uses Atomic Layer Deposition (ALD) to apply ultra-thin, tunable inorganic coatings onto drug particles, enabling precise, sustained release over weeks to months from a single injection.

Pipeline

3
3 drugs in pipeline
DrugIndicationStageWatch
NEX-22A, a prolonged release formulation of liraglutideType 2 DiabetesPhase 1
NEX-18a injection + Azacitidine InjectionMyelodysplastic Syndromes (MDS)Phase 1
NEX-20AMultiple MyelomaPhase 1

Funding History

4
Total raised:$17.6M
Grant$650K
Grant$500K
IPO$8.2M
IPO$8.2M

Opportunities

The massive and growing market for long-acting injectables, particularly in metabolic diseases and oncology, presents a multi-billion dollar opportunity.
Nanexa's platform-agnostic technology allows it to pursue multiple high-value programs simultaneously, both internally and with partners.

Risk Factors

Key risks include the clinical and technical uncertainty of a novel platform, dependence on securing a major partnership for lead asset NEX-22, future financing needs, and intense competition in the drug delivery space.

Competitive Landscape

Nanexa competes with polymer-based depot technologies (e.g., MedinCell) and large pharma's internal capabilities. Its primary differentiation is the unique, atomic-level precision of its ALD-based PharmaShell® coating, which offers potential advantages in drug loading and release profile control.

Company Timeline

2009Founded

Founded in Uppsala, Sweden

2021IPO

IPO — $8.2M

2022Grant

Grant: $650.0K

2022Grant

Grant: $500.0K