Companies · Pharmaceuticals

Par Health, Inc.New on the radar

St. Louis · Pharmaceuticals · https://www.parhealth.com/our-company/

Diligence memoA one-page analyst read on Par Health, Inc. — recommendation, valuation, rhythm, risks.
$763.0M
Total raised · real
1
Rounds
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Mon Nov 10 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Par Health, Inc. has raised $763M over 1 round; too few niche peers to rank its valuation yet.

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.

Active
  • Last raise 8 mo ago; this sector typically re-raises about every 13 months.
  • Raising on or ahead of the sector's normal rhythm.
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

Par Health, Inc. is one of 1613 Pharmaceuticals companies tracked from St. Louis. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

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

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Learn how Par Health’s legacy, values, and people shape a culture of excellence, integrity and unwavering dedication to those we serve.

Learn how Par Health’s legacy, values, and people shape a culture of excellence, integrity and unwavering dedication to those we serve. We’re Par Health, the essential pharmaceutical company. Par Health was born from the merger of Mallinckrodt and Endo—two legacy companies with over a century of experience in essential medicines. Both began as family-run businesses, united by a commitment to integrity and innovation. Our manufacturing footprint includes the historic API site in St. Louis, Missouri—founded over 160 years ago by three brothers with a bold vision. It remains central to our operations today. We also carry forward the legacy of our Rochester, Michigan facility, which earned the first FDA Biologics license for polio vaccine manufacturing. These sites are joined by eight additional facilities across the US and India, forming a global manufacturing and supply network that delivers high-quality medicines with consistency and scale. This history isn’t just behind us—it fuels our purpose today. It’s why we manufacture every product with precision and intention. So, when patients need treatment, providers can trust our medicines to meet their needs and support better outcomes.

pharma
Find About Our Company online

Trades publicly as About Our Company.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(c)
Reg D exemption
234
Investors (latest)
2025
Year incorporated
2025-11-10
First sale
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$2.5B$5.0B$7.5B$10.0BGrowth/Late · 2025-11-10 Raised $763M (real) Modeled valuation $6.8B (est)$763M$6.8BGrowth/Late2025

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
Growth/Late$763.0M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 14%.

Modeled valuation trajectory
$6.8B
Base estimate est.
$5.0B
Conservative case
$7.8B
Upside case
$7.6B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
66% low · 82% high
1.30×/yr
Annual markup
1.42×/yr upside case
0.6 yr
Elapsed time used
0.6 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.6 yr
On record since
2025
First round
New
First-time filer
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) 94× above median
This company$763.0M
Sector median$8.1M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 1.4× above median
This company$763.0M
Sector median$549.3M
Modeled value — vs sector median (estimate, all stages) 90× above median
This company$6.8B
Sector median$76.1M

Raised more than 100% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) 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.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Par Health, Inc. this companyGrowth/Late$763.0M$6.8B1.16×
Immunovant, Inc.Growth/Late$450.0M$5.0B0.84×
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.
Growth/Late$763.0M2025-11-10$7.6B$6.8B90%
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. Growth/Late$763.0M2025-11-10
    • First recorded raise — entered as Growth/Late.
    • 234 investors on this round.
Intelligence
Modeled next raise
$1.2B
Modeled next size est.range $793.5M$2.0B
Last step-up
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
Michael Heffernan4 other2025-11
Jack Boyle1 other2025-11
Matthew Maletta1 other2025-11
Andrew Gonce2025-11
Jake Longenecker2025-11
Jeffrey Wiegers2025-11
Jonathan Zinman2025-11
Joshua Murray2025-11
Kass Harrold2025-11
Matthew Stober2025-11
Mick McGuinness2025-11
Scott Sims2025-11
Stephen Welch2025-11
Teresa Sanzottera2025-11
Registry & provenance

Par Health, 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
2096530
SEC CIK
2025
Incorporated
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
Nektar TherapeuticsPharmaceuticalsGrowth/Late$880.0M$417.0Msame sector · same stage
Immune Response BioPharma, Inc.PharmaceuticalsGrowth/Late$1.0B$7.6Bsame sector · same stage
Bicycle Therapeutics PlcPharmaceuticalsGrowth/Late$555.5M$7.3Bsame sector · same stage
Immunovant, Inc.PharmaceuticalsGrowth/Late$450.0M$5.0Bsame sector · same stage
Endo, Inc.PharmaceuticalsSeries D+$170.6M$2.0Bnetwork1 shared operator · same sector
Collegium Pharmaceutical, IncPharmaceuticalsSeries C$97.5M$701.8Mnetwork1 shared operator · same sector
Precigen, Inc.PharmaceuticalsSeries D+$624.0M$405.3Msame sector
Olema Pharmaceuticals, Inc.PharmaceuticalsSeries D+$527.4M$2.4Bsame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Pario Health Inc.HealthtechSeed$16.4M73%
Aspargo Laboratories, Inc.PharmaceuticalsSeries A$3.1M72%
Endpoint Health
Precision-first therapies
Pharma72%
Endo, Inc.PharmaceuticalsSeries D+$2.0B72%
Pardes Biosciences, Inc
We break viruses
BiotechnologySeries C$1.7B72%
Lapix Therapeutics Inc.BiotechnologySeries A$6.9M72%
Definitive Biotechnologies LLCBiotech / PharmaSeries A$8.4M71%
PharmID, Inc.PharmaceuticalsSeries A$154.9M71%
Frequently asked
How much funding has Par Health, Inc. raised?
Par Health, Inc. has raised approximately $763.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Par Health, Inc.'s estimated valuation?
Provath's modeled valuation for Par Health, Inc. is approximately $6.8B (modeled range $5.0B–$7.8B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Par Health, Inc. at?
Par Health, Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Mon Nov 10.
What does Par Health, Inc. do and where is it based?
Par Health, Inc. operates in the Pharmaceuticals sector, based in St. Louis. Learn how Par Health’s legacy, values, and people shape a culture of excellence, integrity and unwavering dedication to those we serve.
Explore related

See where Par Health, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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