Diligence memo · auto-generated · as of July 3, 2026
Madrigal Pharmaceuticals, Inc.
Madrigal Pharmaceuticals, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Madrigal Pharmaceuticals, Inc. operates in Pharmaceuticals, based in WEST CONSHOHOCKEN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Madrigal Pharmaceuticals, Inc. has raised $35M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $35M on 2017-06-23.
Most recent recorded round closed around 2017-06-23.
Valuation (modeled)modeled
Provath models Madrigal Pharmaceuticals, Inc. at approximately $1.2B (range $74M–$4.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.75× the median modeled value of Series B Pharmaceuticals companies in 2016–2018 (40 peers) — value vs value, same stage and era. Issuer reports no revenue, yet is modeled well above niche peers.
Financing rhythm & timingmixed
Last raise 9.0 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 76% of Pharmaceuticals peers (1613 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: LP Investors, LLC, GigaGen, Inc., Vitality Biopharma, Inc., Slayback Pharma Ltd Liability Co, X4 Pharmaceuticals, Inc..
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.