AJNA Biosciences

Transforming the $678B pharmaceutical industry with plant medicine

Print
Claim My Business
Categories
VC-Backed, Education, Repeat Founder
Min Investment
$250
Location
Littleton, CO
Expected Close Date
April 30, 2025
Target Raise
$50.00K-$1.24M
No. Investors
557
Security Price
$1.73
Number of Employees
16
Cash
$984,298
Revenue
$4,558,657
Short Term Debt
$9,611,654
Cost of Goods
$4,558,657
Long Term Debt
$715,011
Net Income
$9,380,650

Key Deal Facts

Led by industry pioneers who filed first-ever cannabis patent & brought a cannabidiol company to IPO
Powered by world-class scientists from Harvard Medical, Johns Hopkins, and NYU
Leading a new frontier in the $678B pharmaceutical industry
Phase 2 trial for Psilocybin-based antidepressant drug planned for early 2025
Phase 2 trial for CBD-based Autism Spectrum Disorder drug planned for late 2024
2 botanical drug candidates in pipeline for FDA approval with additional drugs in discovery
Green process with IP for solventless extraction methods

Management Team / Advisory Board Bios

VC-Backed
Raised $250K or more from a venture firm, Repeat Founder
Founder has started a previous company funded with $2M+, Joel Stanley CEO & Co-FounderLeader in botanical drug innovation and CBD industry trailblazer. Scaled CBD category leader Charlotte's Web from 0 to IPO with $75M in annual revenue. Former Chairman at Charlotte’s Web., Orrin DevinskyMD, Chief Medical AdvisorDistinguished neurologist specializing in epilepsy & behavioral disorders. Renowned Professor of Neurology, Neurosurgery, & Psychiatry at NYU School of Medicine. Board Director of the Epilepsy Foundation & Chairman of the Medical Advisory Board for Tilray, Scott HansenVP, Lab Operations & QualityPharmaceutical operations expert. Specialist in quality systems and driving market advancement in cannabis and fungi industries. Former VP of Quality & Regulatory Affairs at Agricor/Botanacor, also Director of Quality and R&D at Charlotte’s Web & Sandoz., Bob JudgeVP, FinanceFinance executive with extensive leadership experience. Former CFO & COO at Timberline Industries & CEO at Lane Industries & Lane Pursuits, overseeing private equity & venture capital investments. KPMG alumnus, CPA, MBA from the University of Connecticut.
Amount Raised : $4,189,905
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter

0 Comments