Patrin Pharma

Patrin Pharma

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Private Company

Total funding raised: $3.2M

Overview

Patrin Pharma is a private, commercial-stage generic drug company founded in 2018 and headquartered in San Diego, with significant operational facilities in the greater Chicago area. The company specializes in 'practical innovation' within niche generic markets, including complex formulations like oral solutions and topical products, often targeting controlled substances and first-to-market opportunities. It has a track record of FDA approvals, manages Paragraph IV challenges, and grows through strategic partnerships in development, manufacturing, and distribution. Its business model is fully commercial, generating revenue from its marketed products.

NeurologyPain ManagementEndocrinologyDermatologyWomen's HealthGastrointestinal

Technology Platform

Efficient generic drug development and regulatory engine focused on 'practical innovation' for complex formulations (oral solutions, topicals, powders) and navigating Paragraph IV patent challenges.

Funding History

1
Total raised:$3.2M
Seed$3.2M

Opportunities

The ongoing patent cliff for branded drugs and continued healthcare cost pressures create sustained demand for high-quality generics.
Patrin's niche focus on complex formulations and controlled substances offers higher-margin opportunities with less competition than simple oral solids.
Expanding its partnership network for authorized generics and in-licensing can rapidly scale the portfolio.

Risk Factors

Significant regulatory and patent litigation risks can delay or block product launches, impacting revenue forecasts.
The generic market is highly competitive, with rapid price erosion upon multi-competitor entry.
Reliance on third-party manufacturers introduces supply chain and quality control vulnerabilities.

Competitive Landscape

Patrin competes with large generic conglomerates (Teva, Viatris, Sun Pharma) and numerous agile specialty generic companies. Its competitive edge lies in targeting small, complex niches that may be overlooked by larger players and in its demonstrated regulatory efficiency. Success depends on out-executing similar small-to-mid sized generic firms in product selection and development speed.