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Hoba Therapeutics

Hoba Therapeutics Revenue

Biotechnology ResearchFlag of DKCopenhagen, Capital Region of Denmark, Denmark11-20 Employees

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Hoba Therapeutics revenue & valuation

Annual revenue$1,197,770
Revenue per employee$86,000
Estimated valuation?$3,900,000
Total funding$27,700,000

Key Contacts at Hoba Therapeutics

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Torsten Madsen

Chief Executive Officer

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Kenneth Ahrend Petersen

Coo And Founder

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Lone Fjord-Larsen

Senior Director, Nonclinical Development

Company overview

HeadquartersCopenhagen, Capital Region of Denmark, Denmark
Phone number+4538231170
Website
NAICS541714
SIC283
Keywords
Biotechnology, Pain, Pharmaceutical Industry, Hearing Loss, Biologics, CNS, Cipn, Neurophatic Pain
Founded2016
Employees11-20
Socials

Hoba Therapeutics Email Formats

Hoba Therapeutics uses 5 email formats. The most common is {first name}.{last name}@company.com (e.g., john.doe@company.com), used 42.1% of the time.

FormatExamplePercentage
{first name}.{last name}@company.com
john.doe@company.com
42.1%
{first name}@company.com
john@company.com
25.3%
{first name initial}{last name}@company.com
{first name initial}doe@company.com
14.8%
{first name}{last name}@company.com
johndoe@company.com
10.2%
{last name}@company.com
doe@company.com
7.6%

About Hoba Therapeutics

Hoba Therapeutics is a Danish biotech developing restorative treatments for chronic pain disorders and hearing loss. Both indications have a clear unmet medical need for safe and efficacious treatments for millions of patients worldwide. Hoba Therapeutics is developing HB-086 for the treatment of chronic neuropathic pain. HB-086 is a non-opioid compound with a unique mechanism of action targeting the peripheral nervous system to reverse neuropathic pain and the underlying cause of the disease. The second drug candidate HB-097 is a pharmacological treatment for sensorineural hearing loss. Preclinical data of HB-097 show both a preventive effect of hearing loss by protecting nerve cells and a regenerative effect by reversal of already induced damage. Hoba Therapeutics was founded in 2016 by Novo Holdings and Borean Innovation. Hoba Therapeutics received the Accelerator grant from the European Innovation Council in 2021 and the Grand Solution grant from Innovation Fund Denmark in 2018. About chronic neuropathic pain: Chronic neuropathic pain is a significant global health issue, affecting a substantial portion of the population worldwide. In Europe, the prevalence is estimated to be 6–8% of the general population. Chronic neuropathic pain represents an enormous personal and economic burden. Neuropathic pain is a chronic disorder resulting from damage or dysfunction of the nervous system. Causative factors are lesions in or disorders of the nervous system, such as injury, pressure, toxic agents (e.g., chemotherapy), viral infections, and metabolic disorders. These lesions lead to aberrant functioning of sensory nerve cells, resulting in a chronic, debilitating sensation of pain. The complexity and variability of chronic neuropathic pain necessitates a multifaceted treatment approach and highlights the need for a more effective and safer treatment options. The global neuropathic pain market is estimated to be valued at USD 7.6 bn.

Employees by Management Level

Total employees: 11-20

Seniority

Employees

C-Suite
Director
Vice President

Employees by Department

Hoba Therapeutics has 5 employees across 4 departments.

Departments

Number of employees

Funding Data

Explore Hoba Therapeutics's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2021-07-169$2,900,000
2024-01-114$24,800,000

Funding Insights

$27,700,000

Total funding amount

$24,800,000

Most recent funding amount

2

Number of funding rounds

Hoba Therapeutics Tech Stack

Discover the technologies and tools that power Hoba Therapeutics's digital infrastructure, from frameworks to analytics platforms.

WP Fastest Cache

WP Fastest Cache

Performance

PrestaShop

PrestaShop

Ecommerce

jQuery Mobile

jQuery Mobile

Mobile frameworks

lit-element

lit-element

JavaScript libraries

Google Maps

Google Maps

Maps

One.com

One.com

Hosting

lit-html

lit-html

JavaScript libraries

jQuery Migrate

jQuery Migrate

JavaScript libraries

Twitter Emoji

Font scripts

jQuery

jQuery

JavaScript libraries

PHP

PHP

Programming languages

WordPress

WordPress

Blogs

Frequently asked questions

Hoba Therapeutics is located in Copenhagen, Capital Region of Denmark, DK.
You can reach Hoba Therapeutics at +4538231170.
Hoba Therapeutics generates an estimated annual revenue of $1,197,770. This revenue figure reflects the company's market position and business performance in its industry.
Hoba Therapeutics has an estimated valuation of $3,900,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Hoba Therapeutics was founded in 2016, making it 10 years old. The company has established itself as a significant player in its industry over this time.
Hoba Therapeutics has approximately 11-20 employees. The company continues to grow its workforce to support its business operations and expansion.
Hoba Therapeutics has raised a total of $27,700,000 across 2 funding rounds. This investment has helped the company grow and expand its operations.

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40,000 users

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