Diligence memo · auto-generated · as of July 2, 2026

IntelGenx Technologies Corp.

IntelGenx Technologies Corp. looks fair against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

IntelGenx Technologies Corp. operates in Pharmaceuticals, based in VILLE SAINT LAURENT.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

IntelGenx Technologies Corp. has raised $8.8M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $2.5M on 2018-05-08.

Most recent recorded round closed around 2023-03-21.

Valuation (modeled)modeled

Provath models IntelGenx Technologies Corp. at approximately $7.1M (range $577K–$27M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.73× the median modeled value of Seed Pharmaceuticals companies in 2022–2024 (50 peers) — value vs value, same stage and era. Within the normal band (73% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 23 months.

Last raise 3.3 yr ago; this sector typically re-raises about every 13 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

The last round was 2.8× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 52% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 12% of those peers.

Closest niche peers: Celeris Therapeutics, Inc., Oligomerix, Inc., 2A Biosciences, Inc., Myosin Therapeutics Inc., Eluciderm Inc..

Peoplefiled

22 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.