A

Alder

Acquired

Bothell, United States · Founded 2004 · $94.0M raised

Founded
2004
Business Model
B2B
Total Funding
$94.0M
Last Round
$38.0M Series DApr 2012
Rounds
3
Acquisition Date
Sep 2019

About

Alder BioPharmaceuticals (now Lundbeck Seattle Biopharmaceuticals) was a Bothell, Washington-based clinical-stage biopharmaceutical company founded in 2004 that discovered, developed, and manufactured therapeutic monoclonal antibodies for migraine, cancer, pain, cardiovascular, and autoimmune/inflammatory diseases. It went public on Nasdaq in May 2014, and in September 2019 was acquired by Denmark's H. Lundbeck A/S in a deal valued at up to $1.95 billion, becoming the platform behind the migraine-prevention drug Vyepti (eptinezumab).

Summary

Alder is a Biotech company based in Bothell, United States, founded in 2004. It has raised $94.0M in total across 3 rounds, most recently a $38.0M Series D round in Apr 2012. Investors include Novo Holdings A/S, Delphi Ventures and H.I.G. Capital.

Funding History

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AcquisitionSep 2019
$1.9B

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