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PharmStars

North America, Massachusetts, United States, Boston

Description

PharmStars is a distinctive accelerator program based in Boston, Massachusetts, uniquely dedicated to fostering innovation at the intersection of digital health and the pharmaceutical industry. Unlike traditional venture capital firms, PharmStars does not function as an investment entity and explicitly states that it does not take equity in participating companies for program involvement. Instead, its core mission is to bridge the gap between promising digital health startups and leading pharmaceutical companies, facilitating strategic partnerships and commercialization opportunities. The program is designed to help early-stage ventures navigate the complex pharma landscape, offering unparalleled access to industry experts, mentorship, and potential collaboration avenues.

The accelerator's flagship offering, "The Pharma Commercialization Program," is highly structured, guiding startups through a rigorous curriculum focused on understanding pharma needs, developing tailored solutions, and preparing for successful engagements. PharmStars' value proposition lies in its ability to convene a powerful ecosystem, bringing together innovators with decision-makers from some of the world's largest pharmaceutical corporations. Participants gain invaluable insights into market access, regulatory pathways, and commercialization strategies directly from seasoned pharma executives. This model allows startups to retain full ownership while gaining critical industry exposure and partnership prospects.

Since its inception in 2020, PharmStars has demonstrated significant impact, having successfully graduated 45 digital health startups across 5 cohorts. The accelerator boasts an impressive roster of 10 top-tier pharmaceutical companies as partners, including industry giants like Pfizer, Novartis, and Johnson & Johnson. These partnerships underscore PharmStars' credibility and its effectiveness in creating meaningful connections that drive digital health adoption within the pharmaceutical sector. By focusing on enablement rather than direct investment, PharmStars serves as a crucial catalyst for digital transformation in pharma, empowering startups to scale and deliver innovative solutions to patients and healthcare providers.

Investor Profile

PharmStars has backed more than 65 startups, with 0 new investments in the last 12 months alone. The firm has led 62 rounds, about 95% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Non Equity Assistance, Seed rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Ireland.
  • Strong thematic focus on Health Care, Artificial Intelligence (AI), Medical.

Stage Focus

  • Non Equity Assistance (97%)
  • Seed (3%)

Country Focus

  • United States (57%)
  • United Kingdom (12%)
  • Ireland (5%)
  • Canada (5%)
  • Germany (3%)
  • Spain (3%)
  • Poland (2%)
  • Israel (2%)
  • Hong Kong (2%)
  • The Netherlands (2%)

Industry Focus

  • Health Care
  • Artificial Intelligence (Ai)
  • Medical
  • Biotechnology
  • Medical Device
  • Life Science
  • Software
  • Information Technology
  • Personal Health
  • Health Diagnostics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does PharmStars frequently co-invest with?

PA
North America, California, United States, Sunnyvale
Co-Investments: 1
Co-Investments: 1
Healthy.Capital
Europe, Noord-Brabant, The Netherlands, Plein
Co-Investments: 1

What are some of recent deals done by PharmStars?

JOGO Health

Old Bridge, New Jersey, United States

JOGO Health is a Medtech company that uses wearable sensors and AI to treat pain and neuromuscular conditions.

Artificial Intelligence (AI)BiotechnologyHealth CareTherapeutics
Non Equity AssistanceJul 2, 2024
Sano Genetics

Cambridge, Cambridgeshire, United Kingdom

Sano Genetics is a molecular diagnostics company that specializes in developing and commercializing genetic tests for inherited diseases.

BiopharmaBiotechnologyHealth CareLife Science
Non Equity AssistanceJul 2, 2024
OmicsChart

Cardiff, Cardiff, United Kingdom

Patient-centric cancer data and analytics platform for translational cancer biologists

BioinformaticsBiopharmaGeneticsLife ScienceOncologySoftware
Non Equity AssistanceJul 2, 2024
Panacea-ml

Ra'anana, HaMerkaz, Israel

Explainable-AI SaaS platform to streamline clinical trial design

AnalyticsArtificial Intelligence (AI)BiopharmaBiotechnologyHealth CareLife SciencePharmaceuticalPredictive AnalyticsSaaSSoftware
Non Equity AssistanceJul 2, 2024
Picture Health

Cleveland, Ohio, United States

Picture Health provides AI-powered diagnostic solutions to support cancer innovation.

Artificial Intelligence (AI)Health CareMedical
Non Equity AssistanceJul 2, 2024
Triomics

San Francisco, California, United States

Triomics is a generative AI-powered platform that matches patients to clinical trials.

Artificial Intelligence (AI)Clinical TrialsGenerative AIHealth CareHospitalOncology
Non Equity AssistanceJul 2, 2024
Saventic Health

Warsaw, Mazowieckie, Poland

Saventic Health is a med-tech company that develops an AI-powered clinical decision support system to support diagnosing rare diseases.

Artificial Intelligence (AI)Health CareHealth DiagnosticsSoftware
Non Equity AssistanceJul 2, 2024
Patientory

Atlanta, Georgia, United States

Patientory is a patient data platform that empowers individuals to control their health data and earn personalized rewards.

Artificial Intelligence (AI)BlockchainElectronic Health Record (EHR)Health CareSoftware
Non Equity AssistanceJul 2, 2024
Akkure

Dublin, Dublin, Ireland

Akkure is a patient-centric digital platform.

Artificial Intelligence (AI)Data IntegrationDatabaseGeneticsHealth CareInformation Technology
Non Equity AssistanceJul 2, 2024
ModoScript

Miami, Florida, United States

ModoScript is a B2B hardware SaaS remote treatment monitoring big data analytics solution for patients taking oral specialty therapeutics

AnalyticsBig DataHealth CareMedical DeviceSaaS
Non Equity AssistanceDec 8, 2023