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

Nupathe Inc.

Nupathe Inc. looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Nupathe Inc. operates in Pharmaceuticals, based in CONSHOHOCKEN.

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

Capital & rounds (filed)filed

Nupathe Inc. has raised $39M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $28M on 2012-10-23.

Most recent recorded round closed around 2012-10-23.

Valuation (modeled)modeled

Provath models Nupathe Inc. at approximately $952M (range $59M–$3.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.29× the median modeled value of Series B Pharmaceuticals companies in 2010–2012 (47 peers) — value vs value, same stage and era. Within the normal band (129% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 15 months.

Last raise 13.7 yr ago; this sector typically re-raises about every 13 months.

Silent for over 3× the sector's normal cadence.

The last round stepped up 25.5× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 77% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 88% of those peers.

Closest niche peers: Celator Pharmaceuticals Inc, Kythera Biopharmaceuticals Inc, Palatin Technologies Inc, Pernix Therapeutics Holdings, Inc., CEBIX Inc.

Peoplefiled

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

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

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