Paion

company

About

PAION is a biopharmaceutical company developing and commercializing drug candidates for diseases with substantial unmet medical needs.

Details

Last Funding Type
Series A
Industries
Biotechnology,Health Care,Pharmaceutical
Founded date
Jan 1, 2000
Number Of Employee
11 - 50
Operating Status
Active
Stock Symbol
etr:PA8
Legal Name
PAION AG

PAION AG, together with its subsidiaries, operates as a biopharmaceutical company that engages in developing and commercializing drug candidates for diseases or interventions with a substantial unmet medical need.

The company’s lead compound is remimazolam, an intravenous, ultra-short-acting, and controllable benzodiazepine sedative/anesthetic drug candidate for which PAION has completed the clinical development for use in procedural sedation in the U.S. Outside. The product can be used for general anesthesia in Europe and procedural sedation in the United States.

It was founded in 2000 and is based in Aachen, Nordrhein-Westfalen, Germany.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
10
$15.19M €22.80M
Paion has raised a total of $15.19M €22.80M in funding over 2 rounds. Their latest funding was raised on Jul 3, 2018 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 3, 2018 Post-IPO Equity €5.20M Detail
Jul 17, 2017 Post-IPO Equity €8M Detail
Jun 29, 2016 Post-IPO Equity €9.60M Detail
Jul 30, 2014 Post-IPO Equity $6.74M Detail
Feb 18, 2014 Post-IPO Equity $4.34M Detail

Investors

Number of Lead Investors
Number of Investors
1
Paion is funded by 1 investors. Reference Capital SA are the most recent investors.
Investor Name Lead Investor Funding Round
Reference Capital SA Series D

Employee Profiles

Number of Employee Profiles
4
Paion has 4 current employee profiles, including Board member Markus Leyck Dieken
Board member
Board member
Executive
Executive

Acquisition

Paion has acquired 1 organizations. Their most recent acquisition was CeNeS on Jun 23, 2008. They acquired CeNeS for 0.

Date Company Name
Industry Acquisition Type Price
Jun 23, 2008 CeNeS
Biotechnology acquisition Detail