AJNA Biosciences

Transforming the $678B pharmaceutical industry with plant medicine

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Categories
VC-Backed, Education, Repeat Founder
Min Investment
$497
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 : $713,072
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