Radar Companies Drug Delivery · United States
Radar · Drug Delivery in United States

Best Drug Delivery Companies in United States

The 477 best Drug Delivery companies in United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Intarcia.

477companies tracked
$10.6Bdisclosed funding
1unicorns
250have raised

The 477 Drug Delivery companies tracked here in the United States represent one of biopharma's most capital-intensive frontiers, ranked by disclosed equity funding and recent funding momentum across a sector that's collectively raised $10.6 billion. Scale that against a global market forecast to reach $2,664.3B by 2027, compounding at 12.02% annually, and you start to feel why the funding keeps coming. ReCode Therapeutics leads individual raises at $342M, with Enable Injections close behind at $304M. Insulet Corp, though, is the revenue story that matters: $2.7B in filed revenue, up 30% year-over-year, running 217 times the sector's median net income of $420,000. Xeris Pharmaceuticals posted the sharpest growth in the cohort at +380% YoY. Median revenue across 16 filers sits at roughly $2M, with a combined pool of $3.0B, so the distribution is steep and worth understanding before you draw any conclusions about the "typical" company here.

What's pulling capital in? As shown in 2020 research, biologics and formulation complexity are driving device innovation in ways that weren't anticipated even five years ago. Government regulations remain a structural drag, delaying timelines and compressing margins at the smaller end of the market. I'd watch that median revenue growth of -3% YoY closely: it tells you the middle of this sector is under pressure even as the outliers compound hard. So the opportunity, if you're mapping this space, is concentrated and uneven, exactly the kind of market where knowing who actually files revenue figures separates signal from noise.

Sources & further reading
  • Rapid Drug Delivery Solution: Enhance Pharmacy’s Services With Mobile

Ranked: Best Drug Delivery companies in United States

#CompanyDisclosed fundingLast roundStageEmployeesFoundedMarket signals (1y)Patents & IP focusRecent signals
1Intarcia 🦄
Provider of osmotic pump for subcutaneous drug delivery
$1.9B77 mo agoSeries J21995
2Halozyme
Developer of drug delivery technologies for the treatment of various diseases
$1.3B46 mo agoPublic373
373 → 536 (+44%) · sector median +34%
199932 signals ▼32%
Earnings · M&A · Funding
715 patents
Enabling subcutaneous delivery of biologics via hyaluronidase and advanced injector devices
1 partnership
3ReCode Therapeutics
Developer of precision medicines for treating lung related diseases
67Funding top 17%Talent top 28%Moat top 31%Market top 42%
All 7 signals ▾
Fundingtop 17%
Talenttop 28%
Moattop 31%
Markettop 42%
Newstop 45%
Techtop 48%
Globalbottom 39%
Funding: Raised $342M across 7 rounds · 7 rounds over 7 yrs (1.0/yr)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 67/100
$342M8 mo agoSeries B1052015
4Lyndra
Developer of oral drug delivery formulations
$305M30 mo agoDeadpooled107201551 patents
Patents concentrated in health & consumer products
5Enable Injections
Provider of a wearable drug delivery solution
76Funding top 17%Patents top 23%Innovation top 26%Growth top 26%
All 10 signals ▾
Fundingtop 17%
Patentstop 23%
Innovationtop 26%
Growthtop 26%
Moattop 26%
Techtop 42%
Markettop 46%
Talentbottom 49%
Globalbottom 44%
Newsbottom 27%
Funding: Raised $304M across 10 rounds · 10 rounds over 15 yrs (0.7/yr)
Patents: 219 patents matched (strict assignee match) · 109 filings since 2022 vs 93 in 2017-21
rank vs industry peers · Fliar Intelligence Index 76/100
$304M5 mo agoSeries C166
166 → 223 (+34%) · sector median +34%
2010219 patents
Handheld injection and fluid transfer devices with safety locking and site monitoring
6Sirnaomics
Developer of RNA based therapeutics for the treatment of cancer and fibrosis disease
80Patents top 14%Funding top 15%Innovation top 17%Growth top 28%
All 9 signals ▾
Patentstop 14%
Fundingtop 15%
Innovationtop 17%
Growthtop 28%
Moattop 35%
Markettop 46%
Talentbottom 49%
Globalbottom 48%
Newsbottom 21%
Patents: 277 patents matched (strict assignee match) · 191 filings since 2022 vs 63 in 2017-21
Funding: Raised $267M across 14 rounds · 14 rounds over 19 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 80/100
$267M9 mo agoPublic882007277 patents
siRNA therapeutics and nanoparticle delivery systems for cancer and viral diseases
1 launch
7Elektrofi
Digital platform transforming the delivery of biologic medicines
$152M22 mo agoAcquired6220165 signals ▲400%
M&A
81 patents
Dry pharmaceutical particle manufacturing for drug delivery via continuous droplet formation.
4 job openings
8OptiNose
Developer of smart devices for nasal drug delivery
$120M25 mo agoAcquired132200045 patents
Intranasal drug delivery devices and formulations for targeted nasal administration
9Biora Therapeutics
Developer of smart pills for targeted drug delivery to treat gastrointestinal diseases
$117M30 mo agoPublic542010
10BlueWillow Biologics
Pioneering intranasal vaccines for infectious disease and pandemic preparedness
$104M28 mo agoSeries C9199625 patents
Nanoemulsion-based vaccine and antimicrobial delivery systems for mucosal and injectable use
11Strand Therapeutics
Provider of platform to deliver mRNA therapeutics for multi functional treatments
64Growth top 13%Funding top 24%Moat top 31%News top 41%
All 7 signals ▾
Growthtop 13%
Fundingtop 24%
Moattop 31%
Newstop 41%
Talenttop 41%
Globalbottom 39%
Marketbottom 38%
Growth: Headcount 16 → 47 (+194%) across vintages · Fresh capital in last 24 mo
Funding: Raised $103M across 6 rounds · 6 rounds over 7 yrs (0.9/yr)
rank vs industry peers · Fliar Intelligence Index 64/100
$103M12 mo agoSeries B4720172 awards
12Credence MedSystems
Developer of smart devices for drug delivery
$100M18 mo agoSeries D20
20 → 13 (-35%) · sector median +34%
2011262 patents
Safety-engineered syringes and multi-site micro-dose injection devices.
13Stylus Medicine
Developer of gene-based therapeutics for multiple diseases
$85M13 mo agoSeries A212022
14TriSalus Life Sciences
Developer of drug delivery devices to treat cancers
$72M13 mo agoPublic100
100 → 128 (+28%) · sector median +34%
200911 signals
Earnings · Leadership · Announcements
113 patents
Patents concentrated in chemistry & materials
15Shasqi
Developer of local drug activation technology for tumors
$60M21 mo agoSeries B820155 patents
Bioorthogonal chemical reagents for selective in‑vivo labeling and drug delivery
1 job opening · 1 launch
16Clene Nanomedicine
Developer of therapeutics for the treatment of neurodegenerative diseases
29Funding top 29%Patents top 36%Tech top 41%Innovation top 47%
All 10 signals ▾
Fundingtop 29%
Patentstop 36%
Techtop 41%
Innovationtop 47%
Growthbottom 49%
Moatbottom 44%
Globalbottom 42%
Marketbottom 32%
Newsbottom 32%
Fin. healthbottom 15%
Funding: Raised $59.1M across 8 rounds · 8 rounds over 7 yrs (1.1/yr)
Patents: 78 patents matched (strict assignee match) · 10 filings since 2022 vs 60 in 2017-21
rank vs industry peers · Fliar Intelligence Index 29/100
$59M20 mo agoPublic99201278 patents
Continuous nanomaterial synthesis and gold nanocrystal production for neuroregenerative therapies
17Genedit
Developer of drug delivery system for genetic medicines
53Funding top 28%Talent top 28%Product top 30%Patents top 31%
All 9 signals ▾
Fundingtop 28%
Talenttop 28%
Producttop 30%
Patentstop 31%
Innovationtop 34%
Moattop 36%
Marketbottom 41%
Techbottom 40%
Globalbottom 40%
Funding: Raised $58.5M across 5 rounds · 5 rounds over 8 yrs (0.6/yr)
Talent: Analyst team rating 4/5
rank vs industry peers · Fliar Intelligence Index 53/100
$58M18 mo agoSeries B39
39 → 64 (+64%) · sector median +34%
201673 patents
Non‑viral cationic polymers for biomolecule delivery and engineered Cpf1 guide RNAs
18Terrestrial
Developer of a microarray patch platform for therapeutic delivery
42Funding top 23%Talent bottom 49%Global bottom 33%
All 3 signals ▾
Fundingtop 23%
Talentbottom 49%
Globalbottom 33%
Funding: Raised $57.3M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 42/100
$57M3 mo agoSeries C2011
19Cellectar Biosciences
Developer of phospholipid drug conjugates (PDC) to treat cancer
$57M16 mo agoAcquired15
15 → 20 (+33%) · sector median +34%
2002128 patents
Targeted cancer therapy using phospholipid‑flavagline conjugates and dosing of ether analogs
20NanoViricides
Targeted antiviral therapeutics
14Funding top 26%Moat top 48%Growth bottom 40%News bottom 35%
All 7 signals ▾
Fundingtop 26%
Moattop 48%
Growthbottom 40%
Newsbottom 35%
Globalbottom 30%
Marketbottom 29%
Techbottom 24%
Funding: Raised $47.0M across 7 rounds · 7 rounds over 15 yrs (0.5/yr)
Moat: Editorial + unicorn rating 5/10 · 10 curated direct competitors tracked
rank vs industry peers · Fliar Intelligence Index 14/100
$47M7 mo agoPublic172005
21Arunabio
Developer of a neural exosome platform to design therapeutics for the treatment of neurodegenerative diseases
42Funding top 29%Talent bottom 49%Market bottom 47%Global bottom 37%
All 5 signals ▾
Fundingtop 29%
Talentbottom 49%
Marketbottom 47%
Globalbottom 37%
Newsbottom 18%
Funding: Raised $33.1M across 20 rounds · 20 rounds over 9 yrs (2.2/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 42/100
$33M10 mo agoSeries B402003
22Cingulate
Developer of therapeutics for the treatment of ADHD
$33M10 mo agoPublic1520125 signals ▼75%
Earnings · Regulatory
1 launch
23Hopewell Therapeutics
Provider of a synthetic lipid-based drug delivery solution
$32M9 mo agoSeed262018
24Mercator MedSystems
Developer of catheter-guided microfluid injection systems
$32M15 mo agoSeries D192000105 patents
Localized perivascular drug delivery devices for vascular disease treatment and prevention
25Cristcot
Pharmaceutical company developing a novel rescue drug for ulcerative colitis flares
$27M13 mo agoSeries C4200873 patents
Rectal drug delivery devices and formulations for gastrointestinal therapeutic applications
1 job opening
26Pulmotect
Developer of therapeutics against lung infections
$25M21 mo agoSeries B4200721 patents
Immunomodulatory therapeutics targeting adaptive immunity for asthma and viral infection treatment
27Xanadu Bio
Delivery of nanoparticle system for mRNA and other payload delivery
53Funding top 37%Talent top 45%Global bottom 25%
All 3 signals ▾
Fundingtop 37%
Talenttop 45%
Globalbottom 25%
Funding: Raised $23.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr)
Talent: 2 named leaders on record
rank vs industry peers · Fliar Intelligence Index 53/100
$23M10 mo agoSeries B52021
28Beyond Air
Developer of therapeutics for multiple diseases
$22M20 mo agoPublic9820118 signals ▼56%
Earnings · Regulatory · Leadership
75 patents
Targeted gaseous nitric oxide delivery systems for oncology and therapeutic gas administration
5 launchs
29Qnovia
Developer of inhaled drug delivery devices to deliver a broad range of pharmaceuticals
$20M19 mo agoSeries B10201846 patents
Electronic vaping devices with integrated fluid delivery and pressure-sensing control
30NeOnc Technologies
Developer of drug delivery methods for pharma-based therapeutics
$19M10 mo agoPublic4200816 signals
Acquisition · Announcements
48 patents
Monoterpene-derived anticancer drug formulations, especially perillyl alcohol derivatives.
31Therapyxinc
Innovating microparticulate immune therapeutics for cancer, infectious disease, and inflammatory disorders
14Innovation top 43%Funding top 44%Product bottom 44%Global bottom 32%
All 6 signals ▾
Innovationtop 43%
Fundingtop 44%
Productbottom 44%
Globalbottom 32%
Techbottom 25%
Marketbottom 19%
Innovation: 2 product lines
Funding: Raised $17.7M across 5 rounds · 5 rounds over 18 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 14/100
$18M14 mo agoFunding Raised112001
32Micron Biomedical
Developer of microneedle patch technology for vaccines and drugs delivery
$17M17 mo agoSeries A11
11 → 26 (+136%) · sector median +34%
20141 launch · 1 expansion
33Aphios
Developer of therapeutic products and enabling technology platforms for healthcare
$17M20 mo agoFunding Raised12199381 patents
Pathogen inactivation in blood products and nanotech drug delivery for cannabinoids
34Milestone Scientific
Developer of computerized drug delivery injection system for dental and medical purposes
$17M1 mo agoPublic2019896 signals ▼33%
Earnings · Leadership
236 patents
Precision needle and catheter guidance systems for anesthetic delivery
35Orlance
Developer of a platform to deliver nucleic acid vaccines and related therapies
$14M14 mo agoFunding Raised20165 patents
Needle‑free drug/medical delivery devices and injection technologies.
36Miist Therapeutics
Developer of inhaled therapies for rapid symptom relief
$13M16 mo agoSeries A2022
37PanTher Therapeutics
Provider of drug delivery system for cancer treatment
$12M15 mo agoSeries B472014
38RenovoRx
Developer of endovascular catheters for targeted delivery of IV fluids to peripheral organs
$11M2 mo agoPublic6200910 signals ▼38%
Earnings · Funding
18 patents
Targeted intravascular drug delivery via vasa vasorum for cancer and pancreatic therapies
39NaNotics
Developer of nanomedical platform for treating major human and animal diseases
32Moat top 25%Patents top 33%Funding top 38%Talent top 38%
All 7 signals ▾
Moattop 25%
Patentstop 33%
Fundingtop 38%
Talenttop 38%
Innovationtop 44%
Globalbottom 43%
Marketbottom 23%
Moat: Editorial + unicorn rating 7/10 · IP moat: 59 patents
Patents: 59 patents matched (strict assignee match) · 26 filings since 2022 vs 33 in 2017-21
rank vs industry peers · Fliar Intelligence Index 32/100
$10M10 mo agoSeries A9201559 patents
Therapeutic biomolecule inhibition and nucleic‑acid‑based scavenger particle platforms
40Zyl Therapeutics
Developer of hydrogel-derived nanoparticle system for topical applications
19Funding top 35%Talent top 35%Global bottom 29%Market bottom 21%
All 4 signals ▾
Fundingtop 35%
Talenttop 35%
Globalbottom 29%
Marketbottom 21%
Funding: Raised $9.4M across 7 rounds · 7 rounds over 8 yrs (0.9/yr)
Talent: Analyst team rating 5/5 · 1 named leader on record
rank vs industry peers · Fliar Intelligence Index 19/100
$9M16 mo agoSeries B72017
41Vivani
Developer of a drug delivery medical device for diabetes
$8M14 mo agoPublic37
37 → 36 (-3%) · sector median +34%
200915 signals ▲200%
Acquisition · Funding · Earnings
2 launchs
42NOTA Laboratories
Provider of Nitric oxide-based therapies for chronic rhinosinusitis
$8M13 mo agoSeed132014
43Aegle Therapeutics
Developing extracellular vesicle therapies for debilitating rare diseases and dermatological disorders
$6M5 mo agoSeries A42013
44GelMEDIX
Developer of a hydrogel drug delivery technology for ophthalmic treatment
$6M3 mo agoSeed9201926 patents
Hydrogel biomaterials for cell encapsulation and tissue engineering applications.
45Tiba Biotech
Provider of fully synthetic RNA vaccine drug delivery technology
$6M9 mo agoFunding Raised16201758 patents
Patents concentrated in health & consumer products
46Phoreus Biotech
Provider of a nano-delivery platform for genetic vaccines and therapeutics
14Talent top 38%Tech top 50%Funding bottom 48%Global bottom 30%
All 5 signals ▾
Talenttop 38%
Techtop 50%
Fundingbottom 48%
Globalbottom 30%
Marketbottom 18%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Tech: 29 technologies across 3/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 14/100
$4M7 mo agoSeed62018
47Liquet Medical
Provider of a platform for localized drug delivery system
$3M3 mo agoSeed42020
48BioSapien
Developer of 3D-printed drug delivery platforms for targeted pharmaceutical agents
$2M11 mo agoSeed2201834 patents
Controlled drug‑release surgical implants for localized therapy and wound healing
49PharmaIN
Biopharmaceutical company pioneering subcutaneous therapies for liver disease and cancer
$2M10 mo agoSeed172001142 patents
Targeted peptide delivery using cationic lipids and NPRA/V1A receptor agonists
1 job opening
50Adaptin Bio
Developer of drug delivery platform for brain diseases
$1M5 mo agoPublic2023

Top 12 Drug Delivery companies in United States

#1
Series C · Cincinnati, Ohio · founded 2010 · 166 employees
$304.3Mraised

Provider of a wearable drug delivery solution. The company's drug delivery device include enFuse for injectable therapies which enables a range of flexible delivery options for patients and healthcare providers, including a range of viscosities, volumes, delivery times, and sites for administration.

Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 17%
Patents
top 23%
Innovation
top 26%
Growth
top 26%
Moat
top 26%
Tech
top 42%
Funding: Raised $304M across 10 rounds · 10 rounds over 15 yrs (0.7/yr) · Last round Series C (Dec 2025)
Patents: 219 patents matched (strict assignee match) · 109 filings since 2022 vs 93 in 2017-21 · Latest publication 2026
Innovation: 219 patents (top 12% of patent-holders) · 109 filings since 2022 vs 93 in 2017-21 · Deep-tech classification: Tech Hardware
Audience (LinkedIn): 9k LinkedIn followers — 6.2% of this cohort's audience
Funding rounds
  • Dec 2025Series C$30M
  • Jan 2022Series C$215M
  • Sep 2020Conventional Debt$25M
  • Oct 2018Series B$50M
Founders & team
Mike HoovenFounder & CEO
Investors
Oxford Finance, Sanofi, ORI Capital, CincyTech, Cincinnati Children’s, Cleveland Clinic
Tech stack
Animate.CssApache Http ServerApple Icloud MailBootstrapCloudflareCloudflare Bot Management
#2
Series B · Menlo Park, California · founded 2015 · 105 employees
$342Mraised

Developer of precision medicines for treating lung-related diseases. The pipeline includes lead programs which includes RCT1100 an inhaled mRNA-based investigational therapy for primary ciliary dyskinesia caused by mutations in the DNAI1 gene and RCT2100 is an inhaled mRNA-based investigational therapy for cystic fibrosis. It has proprietary non-viral lipid nanoparticle platform that enables the delivery of a variety of payloads, and organ targeting of nucleic acid and protein payloads via both systemic and local delivery.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Funding
top 17%
Talent
top 28%
Moat
top 31%
Market
top 42%
News
top 45%
Tech
top 48%
Funding: Raised $342M across 7 rounds · 7 rounds over 7 yrs (1.0/yr) · Last round Series B (Sep 2025)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 9 curated direct competitors tracked
Funding rounds
  • Sep 2025Series B$29M
  • Sep 2023Series B$50M
  • Jan 2023Series B$10M
  • Jun 2022Series B$120M
Founders & team
Daniel SiegwartCo-FounderPhilip ThomasCo-FounderShehnaaz SulimanCEO & President
Investors
Orbimed, Colt Ventures, Vida Ventures, Cystic Fibrosis Foundation, Solasta Ventures, Bioluminescence Ventures
#3
Public · Gaithersburg, Maryland · founded 2007 · 88 employees
$267Mraised

Developer of RNA-based therapeutics for the treatment of cancer and fibrosis disease. The company has proprietary delivery technologies, a polypeptide nanoparticle RNAi platform and GalNAc RNAi platform, GalAhead, to develop drug candidate pipeline which include STP122G for cardiovascular disease treatment. It also, develops pipeline of drugs for cancers, skin conditions, fibrosis-related diseases, antiviral and cardiometabolic diseases, and medical aesthetics.

Fliar Intelligence Index™ 80how this company ranks against its industry peers
Patents
top 14%
Funding
top 15%
Innovation
top 17%
Growth
top 28%
Moat
top 35%
Market
top 46%
Patents: 277 patents matched (strict assignee match) · 191 filings since 2022 vs 63 in 2017-21 · Latest publication 2026
Funding: Raised $267M across 14 rounds · 14 rounds over 19 yrs (0.7/yr) · Last round Post IPO (Sep 2025)
Innovation: 277 patents (top 8% of patent-holders) · 191 filings since 2022 vs 63 in 2017-21
Audience (LinkedIn): 7k LinkedIn followers — 5.3% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Sep 2025Post IPO$17.7M
  • Jul 2021Series E$105M
  • Oct 2020Series D$105M
  • Jul 2019Series C$25M
Founders & team
Patrick LuPresident and CEO
Investors
Maryland, Rich Yield Capital, Rotating Boulder Fund, NIH SBIR/STTR, Yuexiu Group, Sangel Biomedical Venture Capital
#4
Series C · Woburn, Massachusetts · founded 2011
$57.3Mraised

Developer of a microarray patch platform for therapeutic delivery. The platform uses dissolvable tips made from advanced biomaterials for dose delivery and control. It aims to transform the delivery of therapies, offering a more convenient and comfortable patient experience. The platform seeks to eliminate the need for needles and refrigeration.

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 23%
Talent
bottom 49%
Global
bottom 33%
Funding: Raised $57.3M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series C (Mar 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Single-market focus (United States)
Funding rounds
  • Mar 2026Series C$57.3M
Founders & team
Kathryn KosudaCo-Founder & CSO
Investors
RA Capital Management, Engine Ventures, Global Health Investment, SiteGround
#5
Public · Livingston, New Jersey · founded 1989 · 20 employees
$16.6Mraised

Developer of computerized drug delivery injection system for dental and medical purposes. It offers a CompuFlo system, a computer-controlled drug delivery system for epidural punctures that works using dynamic pressure sensing technology. The CathCheck system confirms the placement of the catheter and the Single Tooth Anesthesia system instrument is a computer-assisted system for local anesthesia.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Apr 2026Post IPO$2.1M
  • Jul 2015Grant (prize money)$1.5M
  • May 2014PE$10M
  • Mar 2005Post IPO$3M
Investors
NCBiR
Tech stack
AkismetAlpine.JsAosCart FunctionalityCdnjsCloudflare
#6
Public · Los Altos, California · founded 2009 · 6 employees
$10.9Mraised

Developer of endovascular catheters for targeted delivery of IV fluids to peripheral organs. It develops endovascular catheters for the visceral and peripheral vascular systems. The RenovoRx device can be used to deliver both therapeutic(such as drugs)and diagnostic fluids(such as contrast agents) to the target organ through veins. The device allows for isolated vessel perfusion i.e. a balloon is inflated within the blood vessels to block blood flow to other organs to maximize the amount of blood flow(and IV fluids reaching the target organ.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 2.9% of this cohort's audience
Funding rounds
  • Mar 2026Post IPO$10M
  • Apr 2024Post IPO$11.1M
  • Jan 2024Post IPO
  • May 2018Series D$7M
Investors
Golden Seeds, The Angels’ Forum, Sand Hill Angels, Amidzad Partners, Boston Scientific, BtoV
Tech stack
AmchartsApache Http ServerBluehostBootstrapBrowser-Update.OrgCookieyes
#7
Public · West Haven, Connecticut · founded 2005 · 17 employees
$47Mraised

NanoViricides discovers, develops and commercializes therapeutics to treat viral infections. Nanoviricide is an antiviral agent based on the TheraCour polymeric micelle technology. This is a biomimetic platform technology has enabled the Company to rapidly develop highly effective drug candidates against a number of viral diseases. Currently developing drugs against five diseases: FluCide, a single drug against all influenzas including pandemic viruses, bird flu (H5N1), and highly pathogenic strains; HIVCide, which was found to be so effective in SCID-hu mouse model studies that it is widely believed that it could result in a “functional cure” of HIV/AIDS; HerpeCide for oral and genital herpes; DengueCide, a single drug to combat all dengue virus types; and a broad-spectrum antiviral for infections of the external eye.

Fliar Intelligence Index™ 14how this company ranks against its industry peers
Funding
top 26%
Moat
top 48%
Growth
bottom 40%
News
bottom 35%
Global
bottom 30%
Market
bottom 29%
Funding: Raised $47.0M across 7 rounds · 7 rounds over 15 yrs (0.5/yr) · Last round Post IPO (Nov 2025)
Moat: Editorial + unicorn rating 5/10 · 10 curated direct competitors tracked
Growth: Web rank 10,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo
Funding rounds
  • Nov 2025Post IPO$6M
  • Feb 2019Post IPO$2.5M
  • Jan 2014Post IPO$20M
  • Feb 2013Post IPO$6M
Tech stack
HstsOpen GraphRequirejs
#8
Series B · Cambridge, Massachusetts · founded 2017 · 47 employees
$103.1Mraised

Provider of a platform to deliver mRNA therapeutics for multi-functional treatments. The programming platform detects the location and enhances the cell type protein expression in the patient's body to optimize the immunotherapy treatments.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Growth
top 13%
Funding
top 24%
Moat
top 31%
News
top 41%
Talent
top 41%
Global
bottom 39%
Growth: Headcount 16 → 47 (+194%) across vintages · Fresh capital in last 24 mo
Funding: Raised $103M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) · Last round Series B (May 2025)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 10 curated direct competitors tracked
Audience (LinkedIn): 27k LinkedIn followers — 19.5% of this cohort's audience
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
  • May 2025Series B$153M
  • Nov 2022Series A$45M
  • Jun 2021Series A$52.1M
  • May 2021Grant (prize money)$399.5K
Founders & team
Tasuku KitadaCo-founder
Investors
Playground Global, Alexandria, ANRI, Redmile Group, BeiGene, Camford Capital
#9
Seed · Newton, Massachusetts · founded 2019 · 9 employees
$6.4Mraised

Developer of a hydrogel drug delivery technology for ophthalmic treatment. It offers a lead product GMX-101 a retinal pigment epithelial (RPE) cell therapy that targets Geographic Atrophy.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 1 partnerships (incl. Catalent) announced in 12 mo
Funding rounds
  • Feb 2026Seed$13M
  • Oct 2025Seed$542K
  • Jan 2025Seed$1M
  • Mar 2024Conventional Debt$1.9M
Founders & team
Nasim AnnabiCo-FounderReza DanaCo-FounderMax CotlerCEO
Investors
Safar Partners, HTL Biotechnology, Beacon Angels, TiE Boston, Boston Harbor Angels
#10
Series B · Athens, Georgia · founded 2003 · 40 employees
$33.1Mraised

Developer of a neural exosome platform to design therapeutics for the treatment of neurodegenerative diseases. The platform develops neural exosomes to cross the blood-brain barrier and enhance the body's anti-inflammatory, self-repair, and protective mechanisms to treat a range of neurodegenerative disorders. The lead candidate drug AB126 is developed to treat stroke, Parkinson's, and multiple sclerosis

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 29%
Talent
bottom 49%
Market
bottom 47%
Global
bottom 37%
News
bottom 18%
Funding: Raised $33.1M across 20 rounds · 20 rounds over 9 yrs (2.2/yr) · Last round Grant (prize money) (Aug 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Market: 40 employees (top 45% of Life Sciences Platforms and Tools)
Funding rounds
  • Aug 2025Grant (prize money)$400K
  • Jun 2022Grant (prize money)$679.4K
  • Apr 2021Series B$10.8M
  • Sep 2019Grant (prize money)$4.5M
Founders & team
Steven SticeCo-Founder Chief Scientific Officer
Investors
Eshelman Ventures, NIH SBIR/STTR, HHS, NIEHS, Evolution VC Partners, Georgia Research Alliance
#11
Seed · Charlottesville, Virginia · founded 2020 · 4 employees
$3.3Mraised

Provider of a platform for localized drug delivery system. The company product can be used for drug delivery in the human vascular system.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 917 LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Mar 2026Seed$75K
  • Dec 2024Seed$1.1M
  • Dec 2023Seed$615K
  • Apr 2023Seed$405K
Investors
434, MedTech Innovator
#12
Public · Westminster, Colorado · founded 2009 · 100 employees
$72.3Mraised

TriSalus Life Sciences is involved in developing drug delivery devices to treat cancers. They have developed a technology platform, Pressure-Enabled Drug Delivery (PEDD), which is designed to improve the distribution and penetration of therapy in solid tumors.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 4.5% of this cohort's audience
Funding rounds
  • Apr 2025Post IPO$22M
  • Dec 2024Post IPO$1000K
  • Oct 2022Post IPO$15.3M
  • Sep 2021Post IPO$23.5M
Founders & team
Mary SzelaCEO and President
Investors
MCG Capital, Partisan Management Group, High Country Ventures, Tullis Health Investors, KMG Capital Partners, Mcg Partners
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAmazon Web Services

Funding & investor landscape

$10.6Btotal disclosed funding
258companies funded
1,205disclosed rounds
2rounds last 90 days
Most active investors
HHS68 rounds
National Science Foundation19 rounds
NIH14 rounds
America’s Seed Fund12 rounds
Gates10 rounds
MassChallenge9 rounds
JLABS8 rounds
Hercules Capital7 rounds
Lilly6 rounds
Polaris Partners6 rounds

Notable founders

Mike Hooven
Founder & CEO · Enable Injections
Daniel Siegwart
Co-Founder · ReCode Therapeutics
Philip Thomas
Co-Founder · ReCode Therapeutics
Patrick Lu
President and CEO · Sirnaomics
Kathryn Kosuda
Co-Founder & CSO · Terrestrial
Tasuku Kitada
Co-founder · Strand Therapeutics
Nasim Annabi
Co-Founder · GelMEDIX
Reza Dana
Co-Founder · GelMEDIX
Steven Stice
Co-Founder Chief Scientific Officer · Arunabio
Mary Szela
CEO and President · TriSalus Life Sciences
Lou Brenner
CEO · Hopewell Therapeutics
Shane Schaffer
Co-Founder & CEO · Cingulate
Prism market signals · United States · country-scoped Prism corpus, 12,158,956 docs

Market landscape — 10 sub-themes by coverage

Share of Drug Delivery coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · United States

How research on Drug Discovery is moving in the United States

A read on the academic research around Drug Discovery — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 9,593 United States-affiliated papers.

research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 64% → 77% across 2008–2026.
top research entities
  • Harvard University331
  • University of North Carolina at Chapel Hill232
  • Purdue University West Lafayette200
  • Cornell University172
  • Stanford University170
leading researchers
Paul Erhardt · Kenneth Bachmann · Donald Birkett · Michael Boberg · Nicholas Bodor · Freederia AI Researcher · Glen Charles Ritschel · Claude
Breakthroughs4,388 · 46%
▲ 35%→47% share
▲1.3× share momentum1 median citations89% since 2021mostly methods-led
Computational biology papers surged 126→901, driving Breakthroughs' field-share from 35%→47% — the dominant force in US drug discovery research.
rising sub-themes (early→recent)
  • Computational biology126→901
  • Small molecule41→351
  • Chemical space26→319
  • Virtual screening24→288
  • Bioinformatics14→216
Newly emergingScalability 0→81 · Transcriptome 0→78 · Key (lock) 0→64
Landmark Natural Products As Sources of New Drugs over the 30 Years from 1981 to 2010 · 4,650 cites
Advancements3,099 · 32%
▲ 30%→33% share
▲1.1× share momentum2 median citations87% since 2021mostly empirical
In silico drug development is intensifying — docking papers rose 27→275 and in silico methods 12→211, with SARS-CoV-2 newly emerging at 42 papers.
rising sub-themes (early→recent)
  • Computational biology102→599
  • Docking (animal)27→275
  • Drug development27→259
  • Virtual screening29→235
  • In silico12→211
Newly emergingPrecision medicine 0→63 · Workflow 0→53 · Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) 0→42
Landmark Escape from Flatland: Increasing Saturation as an Approach to Improving Clinical Success · 4,214 cites
Concerns1,233 · 13%
▼ 22%→11% share
▼0.5× share momentum6 median citations76% since 2021mostly reviews
Concerns segment is cooling sharply (22%→11% field-share) despite rising data science (20→89) and newly emerging big data and personalized medicine signals.
rising sub-themes (early→recent)
  • Computational biology75→206
  • Drug development47→176
  • Bioinformatics18→102
  • Data science20→89
  • Disease13→78
Newly emergingPrecision medicine 0→51 · Personalized medicine 0→21 · Big data 0→15
Landmark Rings in Drugs · 2,379 cites
RESEARCH HOTSPOTS · United States

Where drug discovery is researched across United States

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Boston660 · +0.58
Hot · Computational biologyAdvancing · MicrogliaOpportunity · AntibodyConcern · Data integration
New York503 · +0.64
Hot · Computational biologyAdvancing · GliomaOpportunity · DruggabilityConcern · Systems pharmacology
SF Bay Area451 · +0.64
Hot · PharmacogeneticsAdvancing · CardiotoxicityOpportunity · Binding siteConcern · DNA methylation
San Diego363 · +0.63
Hot · LRRK2Advancing · Protein kinase AOpportunity · TranscriptomeConcern · Drug resistance
Chicago213 · +0.60
Hot · ExpeditingAdvancing · Protein structureOpportunity · DiseaseConcern · Data science
Philadelphia183 · +0.55
Hot · Antimicrobial peptidesAdvancing · ImmunotherapyOpportunity · Small moleculeConcern · Data science
Los Angeles169 · +0.60
Hot · MelanocortinAdvancing · High resolutionOpportunity · DruggabilityConcern · Intensive care medicine
Ann Arbor137 · +0.62
Hot · BiosynthesisAdvancing · Metabolic engineeringOpportunity · Small moleculeConcern · Repurposing
Pittsburgh135 · +0.65
Hot · Force field (fiction)Advancing · Free energy perturbationOpportunity · ReceptorConcern · Data science
Atlanta134 · +0.60
Hot · Nucleic acidAdvancing · Förster resonance energy transferOpportunity · Drug developmentConcern · Data science
PATENT SIGNAL · United States

Who's filing drug discovery patents in the United States

United States drug discovery patent filing is accelerating — 762,525 filings from 8,000 assignees (2016–2025), led by UNIV California, Genentech, Bristol Myers Squibb; annual filings 69033→70331.

762,525 filings8,000 assigneespeak 85164/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • UNIV California22059
  • Genentech19708
  • Bristol Myers Squibb19181
  • Procter & Gamble16525
  • Lilly ELI15557
  • Pfizer15359
  • Merck Sharp & Dohme14798
  • Amgen14399

Common questions

How many Drug Delivery companies are there in United States?
Radar tracks 477 indexable Drug Delivery companies headquartered in United States that meet our profile-completeness bar.
What is the total funding raised by Drug Delivery companies in United States?
The Drug Delivery companies in United States on this list have raised a combined $10.6B in disclosed equity funding across 258 funded companies.
Which is the highest-funded Drug Delivery company in United States?
Intarcia is the highest-funded Drug Delivery company in United States, with $1.9B in disclosed equity funding.
How many Drug Delivery companies in United States are funded?
258 of the 477 Drug Delivery companies in United States on this list have disclosed at least one equity funding round.
How many Drug Delivery unicorns are there in United States?
1 Drug Delivery company in United States on this list is valued at $1B or more.
Who are the top investors in United States Drug Delivery companies?
The most active investors in United States Drug Delivery companies on this list include HHS, National Science Foundation, NIH, America’s Seed Fund, Gates.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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