Portola Pharmaceuticals

IPO

Novel therapeutics for cardiovascular and autoimmune diseases

South San Francisco, United States · Founded 2003 · $216.0M raised

Founded
2003
Business Model
B2B
Total Funding
$216.0M
Last Round
$89.0M Venture RoundNov 2011
Rounds
4

About

Portola Pharmaceuticals was a commercial-stage biopharmaceutical company focused on the discovery, development, and commercialization of novel therapeutics for patients with acute and chronic cardiovascular, autoimmune, and inflammatory diseases. The company's lead programs centered on anticoagulation and thrombosis, with its most notable product being Andexxa (andexanet alfa), the first approved antidote for reversal of Factor Xa inhibitors including rivaroxaban and apixaban. Portola also developed Bevyxxa (betrixaban), a Factor Xa inhibitor approved for VTE prophylaxis. The company was founded by Charles J. Homcy and David Phillips and was headquartered in South San Francisco, California. Portola was acquired by Alexion Pharmaceuticals in 2020, and portola.com now redirects to the Alexion website.

Summary

Portola Pharmaceuticals is a Biotech company based in South San Francisco, United States, founded in 2003. It has raised $216.0M in total across 4 rounds, most recently a $89.0M Venture Round round in Nov 2011. Investors include Temasek, Eastern Advisors and D. E. Shaw group.

Tech & App Stack

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Funding History

AcquisitionVenture RoundMay 2020

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Venture Round through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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