Companies · Pharmaceuticals

NeurogesX Inc

San Mateo · Pharmaceuticals

Diligence memoA one-page analyst read on NeurogesX Inc — recommendation, valuation, rhythm, risks.
$26.3M
Total raised · real
5
Rounds
0.7×
Latest step-up
Top 30%
Sector rank · raised
Series B
Latest stage · inferred · Mon Nov 12 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

NeurogesX Inc looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the pharma sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.03× the median modeled value of Series B Pharmaceuticals companies in 2010–2012 (47 peers) — value vs value, same stage and era.
Dormant
  • Last raise 13.6 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Pharmaceuticals

NeurogesX Inc is one of 1613 Pharmaceuticals companies tracked from San Mateo. By capital raised it ranks in the upper tier (ahead of 71% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries B · 2011-07-26 Raised $20M (real) Modeled valuation $687M (est)$20M$687MSeries B2011Series B · 2011-08-05 Raised $1.4M (real) Modeled valuation $48M (est)$1.4M$48MSeries B2011Series B · 2012-02-03 Raised $3.0M (real) Modeled valuation $102M (est)$3.0M$102MSeries B2012Series B · 2012-03-26 Raised $975K (real) Modeled valuation $33M (est)$975K$33MSeries B2012Series B · 2012-11-12 Raised $684K (real) Modeled valuation $23M (est)$684K$23MSeries B2012+$1.4M+$3.0M+$975K+$684KCumulative $26M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$20.2M · 2011
Series B extension$1.4M · 2011
Series B extension$3.0M · 2012
Series B extension$975K · 2012
Series B extension$684K · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$23.3M
Base estimate est.
$1.4M
Conservative case
$89.6M
Upside case
$3.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Series B · modeled $687.2M · 2011-07-262011Series B · modeled $48.5M · 2011-08-05Series B · modeled $102.0M · 2012-02-03Series B · modeled $33.2M · 2012-03-26Series B · modeled $23.3M · 2012-11-122012
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
57%
Survival probability
38% low · 70% high
1.49×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
13.6 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
4 mo
Avg between rounds
$20.2M/yr
Capital velocity
14.9 yr
On record since
2011
First round
5
Rounds on file
How it compares to the market

Benchmarked against 1613 companies in Pharmaceuticals. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 3.2× above median
This company$26.3M
Sector median$8.1M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.0× of median
This company$684K
Sector median$18.0M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$23.3M
Sector median$76.1M

Raised more than 71% of sector peers (real $). Modeled value above 29% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #45 of 47.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)Celator Pharmaceuticals Inc · Series B Raised $63.5M · modeled $1.3B (est)Kythera Biopharmaceuticals Inc · Series B Raised $37.4M · modeled $1.3B (est)Palatin Technologies Inc · Series B Raised $35.0M · modeled $1.2B (est)Pernix Therapeutics Holdings, Inc. · Series B Raised $34.0M · modeled $1.2B (est)CEBIX Inc · Series B Raised $76.3M · modeled $1.1B (est)Topica Pharmaceuticals Inc · Series B Raised $51.5M · modeled $1.1B (est)Supernus Pharmaceuticals Inc · Series B Raised $45.0M · modeled $1.0B (est)Cornerstone Therapeutics Inc · Series B Raised $30.0M · modeled $1.0B (est)Derma Sciences, Inc. · Series B Raised $29.1M · modeled $988.7M (est)iPierian, Inc. · Series B Raised $87.3M · modeled $985.1M (est)Sunesis Pharmaceuticals Inc · Series B Raised $38.5M · modeled $969.1M (est)Cardioxyl Pharmaceuticals Inc · Series B Raised $52.0M · modeled $953.8M (est)NeurogesX Inc (this company) Raised $26.3M · modeled $23.3M (est)NeurogesX Inc
CompanyStageRaised · realValue · estvs peer med.
Celator Pharmaceuticals IncSeries B$63.5M$1.3B1.80×
Kythera Biopharmaceuticals IncSeries B$37.4M$1.3B1.72×
Palatin Technologies IncSeries B$35.0M$1.2B1.61×
Pernix Therapeutics Holdings, Inc.Series B$34.0M$1.2B1.56×
CEBIX IncSeries B$76.3M$1.1B1.53×
Topica Pharmaceuticals IncSeries B$51.5M$1.1B1.45×
Supernus Pharmaceuticals IncSeries B$45.0M$1.0B1.38×
Cornerstone Therapeutics IncSeries B$30.0M$1.0B1.38×
Derma Sciences, Inc.Series B$29.1M$988.7M1.34×
iPierian, Inc.Series B$87.3M$985.1M1.33×
Sunesis Pharmaceuticals IncSeries B$38.5M$969.1M1.31×
Cardioxyl Pharmaceuticals IncSeries B$52.0M$953.8M1.29×
NeurogesX Inc this companySeries B$26.3M$23.3M0.03×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$20.2M2011-07-26$112.3M$687.2M90%
Series B$1.4M2011-08-05$7.9M$48.5M90%
Series B$3.0M2012-02-03$16.7M$102.0M90%
Series B$975K2012-03-26$5.4M$33.2M90%
Series B$684K2012-11-12$3.8M$23.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$20.2M2011-07-26
    • First recorded raise — entered as Series B.
  2. Series B$1.4M2011-08-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 14.2× smaller than the prior — bridge or down round.
  3. Series B$3.0M2012-02-03
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
  4. Series B$975K2012-03-26
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 3.1× smaller than the prior — bridge or down round.
  5. Series B$684K2012-11-12
    • Came back fast: 8 mo vs the ~13 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
Intelligence
2013 ~Q1
Modeled next raise · ~4mo cadence
$684K
Modeled next size est.range $684K$1.1M
0.7×
Last step-up
$20.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Robert T. Nelsen4 other2011-07
Anthony A. DiTonno1 other2011-07
Gary A. Lyons1 other2011-07
Steven F. Nelson1 other2012-02
Anthony F. DiTonno2012-02
Bradford F. Goodwin2012-02
Bradford S. Goodwin2011-07
Gary F. Lyons2012-02
Jean-Jacques A. Bienaime2011-07
Jean-Jacques F. Bienaime2012-02
Jeffrey K. Tobias2011-07
John A. Orwin2011-07
John F. Orwin2012-02
Michael E. Markels2011-07
Michael F. Markels2012-02
Neil F. Kurtz2012-02
Neil M. Kurtz2011-07
Robert F. Nelsen2012-02
Robert M. Nelsen2011-08
Ronald A. Martell2012-02
Stephen F. Ghiglieri2011-07
Stephen F. Peroutka2012-02
Steven H. Nelson2011-07
Registry & provenance

NeurogesX Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1385830
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Corcept Therapeutics IncPharmaceuticalsSeries B$26.2M$17.9Msame sector · same stage
Rhoshan Pharmaceuticals, Inc.PharmaceuticalsSeries B$22.4M$16.2Msame sector · same stage
Sciquest IncBusiness ServicesSeries B$26.3M$390.3Mnetwork1 shared operator · same stage
Indaptus Therapeutics, Inc.PharmaceuticalsSeries B$35.0M$11.1Msame sector · same stage
Coeptis Pharmaceuticals, Inc.PharmaceuticalsSeries B$19.5M$16.4Msame sector · same stage
Ikaria Holdings IncPharmaceuticalsSeries C$54.9M$1.9Bnetwork1 shared operator · same sector
Ocelot Bio, Inc.PharmaceuticalsSeries B$39.0M$31.0Msame sector · same stage
Humanigen, IncPharmaceuticalsSeries B$39.2M$16.8Msame sector · same stage
Frequently asked
How much funding has NeurogesX Inc raised?
NeurogesX Inc has raised approximately $26.3M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is NeurogesX Inc's estimated valuation?
Provath's modeled valuation for NeurogesX Inc is approximately $23.3M (modeled range $1.4M–$89.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is NeurogesX Inc at?
NeurogesX Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Nov 12.
What does NeurogesX Inc do and where is it based?
NeurogesX Inc operates in the Pharmaceuticals sector, based in San Mateo.
Explore related

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