
DrugBank
DrugBank is the world’s first intelligent and comprehensive drug knowledge platform. With the help of artificial intelligence, our expert team authors, verifies, and structures all of the latest biomedical information so that it can be used to its fullest potential.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
* | N/A | $715k | Grant |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 130 % | 39 % | 69 % | 93 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Established in 2006, DrugBank emerged from an academic research project at the University of Alberta, led by Dr. David Wishart. The company was later co-founded by Michael Wilson and Craig Knox, who were part of the original research team, to commercialize the extensive database they had developed. Wilson, with a background in bioinformatics and computer science, and Knox, a fellow bioinformatics researcher, leveraged their deep expertise in biological data and software development to build the company. Their journey from a university lab to a commercial entity highlights a strategic transition to meet the growing demands of the pharmaceutical industry for structured, high-quality data. DrugBank operates as a bioinformatics and cheminformatics company, providing a comprehensive, structured knowledge base of drug and drug target information. The company primarily serves the pharmaceutical, biotechnology, and academic research sectors. Its business model is centered on a subscription-based, software-as-a-service (SaaS) platform, offering tiered access to its extensive data. Revenue is generated through these subscriptions, which provide access to the platform, data downloads, and API integrations tailored to different organizational needs.
The core offering is the DrugBank Online platform, an extensive, manually curated database that amalgamates detailed data on drugs and drug targets. This resource integrates chemical, pharmacological, and pharmaceutical information with comprehensive target data, including sequence, structure, and pathway details. The platform's key benefit lies in its ability to provide precise, actionable insights that help researchers accelerate various stages of drug discovery and development, from initial target identification to clinical trial optimization and drug repurposing. A key differentiator is the depth and breadth of its expertly curated and structured data, which significantly reduces the time and resources researchers would otherwise spend on data collection and integration. By offering this centralized, high-quality knowledge base, DrugBank enables more efficient and informed decision-making in the complex process of bringing new therapies to market.
Keywords: bioinformatics, cheminformatics, drug discovery, pharmaceutical data, drug targets, structured database, pharmacology, drug development, clinical intelligence, research acceleration