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

Zeno Pharmaceuticals, Inc.

Zeno Pharmaceuticals, 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

Zeno Pharmaceuticals, Inc. operates in Pharmaceuticals, based in San Diego.

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

Capital & rounds (filed)filed

Zeno Pharmaceuticals, Inc. has raised $33M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $18M on 2015-09-11.

Most recent recorded round closed around 2015-09-11.

Valuation (modeled)modeled

Provath models Zeno Pharmaceuticals, Inc. at approximately $623M (range $38M–$2.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.92× the median modeled value of Series B Pharmaceuticals companies in 2013–2015 (42 peers) — value vs value, same stage and era. Within the normal band (92% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 10.8 yr ago; this sector typically re-raises about every 13 months.

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

The last round was 1.2× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 75% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 83% of those peers.

Closest niche peers: Lipocine Inc., CARDEAS PHARMA Corp, CoLucid Pharmaceuticals, Inc., Emisphere Technologies Inc, Vasculox, Inc..

Peoplefiled

2 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.