Paratek Pharmaceuticals

Paratek Pharmaceuticals

PRTK
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Private Company

Total funding raised: $193M

Overview

Paratek Pharmaceuticals is a mission-driven, commercial-stage biopharma focused on creating 'Positive Patient Stories®' by tackling serious infectious diseases and chronic inflammatory conditions. The company has successfully transitioned from R&D to a fully integrated commercial entity with two marketed products: NUZYRA® (omadacycline), a modern tetracycline antibiotic, and XHANCE® (fluticasone propionate), a novel-delivery nasal spray. Its strategy leverages deep expertise in tetracycline chemistry and targeted drug delivery to serve substantial specialty markets while addressing critical public health threats like antimicrobial resistance.

Infectious DiseasesEar, Nose & Throat (ENT)

Technology Platform

Paratek's core technology involves modernizing tetracycline-class chemistry to overcome antibiotic resistance and developing the proprietary Exhalation Delivery System (EDS) to target drug delivery deep into the sinonasal cavities.

Funding History

4
Total raised:$193M
Debt$25M
IPO$60M
Series B$60M
Series A$48M