# Sequoia Pharmaceuticals

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sequoia-pharmaceuticals

- Industry: Pharmaceuticals
- Headquarters: Gaithersburg, US
- Website: www.sequoiapharmaceuticals.com
- Total disclosed funding: $57M
- Latest round: Series C (Dec 21, 2006)
- Investors on record: 5

## About

Sequoia Pharmaceuticals Inc. is a pharmaceutical company focused on developing and commercializing innovative medications aimed at improving health outcomes across various therapeutic areas.Founded in 2002 in Gaithersburg, US, Sequoia Pharmaceuticals Inc. specializes in pharmaceutical development. The company has participated in 3 deals and recently concluded a Series C funding round, led by Wellcome Trust, raising a total of USD 35.00 mn, which is reflective of the entire amount raised to date. Currently, Sequoia has a company valuation of USD 75.57 mn.Sequoia Pharmaceuticals Inc. offers a range of pharmaceutical products targeting health conditions such as oncology, cardiovascular diseases, and infectious diseases. Their products are developed through extensive research and clinical trials, ensuring compliance with regulatory standards prior to market release. Key clients include healthcare providers, hospitals, and pharmacies across North America, Europe, and select markets in Asia.The revenue model for Sequoia Pharmaceuticals is structured around sales of prescription medications, primarily through B2B transactions with healthcare providers and pharmacies. Their pricing strategy reflects the value of their offerings, with revenue generated from direct sales agreements and wholesale partnerships for proprietary medications in competitive therapeutic markets.Sequoia Pharmaceuticals Inc. has exited from its previous operations, and future growth plans include the development and launch of new products aimed at expanding their therapeutic offerings. Specific markets and regions targeted for expansion have not been disclosed. Funding from the recent Series C round will support these initiatives, although detailed information on the planned activities is not available.

## Funding rounds

- Series C, Dec 21, 2006, $35M — HealthCare Ventures, Sofinnova Partners, Wellcome Trust, Aberdare Ventures, MedImmune Ventures
- Series B, Mar 28, 2005, $22M — HealthCare Ventures, Sofinnova Partners, Wellcome Trust, Aberdare Ventures

## Investors

- HealthCare Ventures — Series B, Series C
- Sofinnova Partners (https://capitalatlas.ai/funds/sofinnova-partners) — Series B, Series C
- Wellcome Trust — Series B, Series C
- Aberdare Ventures (https://capitalatlas.ai/funds/aberdare-ventures) — Series B, Series C
- MedImmune Ventures (https://capitalatlas.ai/funds/medimmune-ventures) — Series C