Diligence memo · auto-generated · as of July 2, 2026
VYNE Therapeutics Inc.
VYNE Therapeutics Inc. looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
VYNE Therapeutics Inc. operates in Pharmaceuticals, based in BRIDGEWATER.
Sub-sector tags: pharma.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
VYNE Therapeutics Inc. has raised $139M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $88M on 2023-11-01.
Most recent recorded round closed around 2023-11-01.
Valuation (modeled)modeled
Provath models VYNE Therapeutics Inc. at approximately $972M (range $286M–$1.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.69× the median modeled value of Series C Pharmaceuticals companies in 2022–2024 (30 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 43 months.
Last raise 2.7 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 stepped up 293.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 94% of Pharmaceuticals peers (1613 compared).
Modeled value ranks above 88% of those peers.
Closest niche peers: Vigil Neuroscience, Inc., Leap Therapeutics, Inc., Alimera Sciences Inc, Lusaris Therapeutics, Inc., Context Therapeutics Inc..
Peoplefiled
20 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.