Panaxia
Medical Cannabis Products
Startup Public Health Tech & Life Sciences Est. 2009
Total Raised
$11.6M
Public
Last Round
$270K
3 rounds
Investors
7
7 public
Team
4
51-200 employees
Confidence
90/100
News
46
articles
Patents
1
About
Panaxia Pharmaceutical Industries specializes in the research, development, and manufacturing of medical cannabis. The company's goal is to align medical cannabis with formulation technologies and the highest available pharmaceutical standards. Panaxia currently manufactures a variety of standardized medical cannabis products including sublingual and oral tablets, metered-dose inhalers, creams, and suppositories. The company's products, manufacturing facility, and production processes are subject to stringent quality assurance procedures. Panaxia is part of the Panaxia Medical Devices and Pharmaceuticals Group. Panaxia's R&D center is located in Israel and is managed by senior scientists and graduates of the Weizmann Institute of Science. Panaxia offers more than 600 medical products in over 30 international markets to treat a wide range of symptoms and conditions.
Classification
Sector
Health Tech & Life SciencesPharma & Medical BiotechnologyMedical Cannabis
Core Technology
Materials & SubstancesRaw Materials
Target Customer
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business Model
B2CB2B
Tags
biotechnologypharmaceuticalsbiopharmaceuticalcannabispain-reliefmedical-cannabistopical-treatment
Funding & Events
Sep 2019
Exit Undisclosed
Nov 2020
PIPE $5.03M
Undisclosed Investor(s)
Mar 2024
Exit Undisclosed
Jan 2024
PIPE $270K
Apr 2020
PIPE $6.3M
Eran Goldberg, Ran Nussbaum, Dadi Segal, Israeli Institutional Investors, Assi Rotbart, Jonathan Kolber
News (46)
Jan 29, 2024 ยท www.themarker.com
Unknown
ืขืžื•ืก ืœื•ื–ื•ืŸ ื ืกื•ื’ - ื•ืคื ืืงืกื™ื” ืชื™ืžื›ืจ ืœืžื™ื™ืกื“ ืชืžื•ืจืช ืžื—ื™ืงืช ื”ื—ื•ื‘
Unknown
Oct 6, 2022 ยท www.prnewswire.com
growth-positive
Panaxia and Neuraxpharm to enter new medical cannabis markets in Europe
PartnersExpand
May 19, 2022 ยท www.prnewswire.com
growth-positive
Panaxia announces production license of medical cannabis products in Malta
CustomersPartners
Jan 3, 2022 ยท www.prnewswire.com
growth-positive
Panaxia's facility in Malta granted EU-GMP Standard
PartnersCustomers
Nov 3, 2021 ยท www.prnewswire.com
growth-positive
From vision to reality: Panaxia and Neuraxpharm are the world's first companies to sell medical cannabis extracts for inhalation in Europe
CustomersPartners
Oct 17, 2021 ยท www.globes.co.il
growth-positive
ื”ืฉืื™ืคื” ืฉืœ ืคื ืืงืกื™ื” ืžืชื’ืฉืžืช; ื”ื™ื ืชื—ืœื—ืœ ื’ื ืœืฉื•ืจื” ื”ืชื—ืชื•ื ื”?
ExpandCustomersPartners
Aug 19, 2021 ยท www.prnewswire.com
growth-positive
Panaxia and Neuraxpharm Expands Strategic Collaboration to Poland
PartnersCustomers
Jul 29, 2021 ยท www.prnewswire.com
growth-positive
Panaxia & AxioNovo GmbH will market cannabis-based products in Germany
Partners
Jul 19, 2021 ยท www.sponser.co.il
growth-positive
ืคื ืืงืกื™ื” ื ื›ื ืกืช ืœืชื—ื•ื ื”ืื•ื ืงื•ืœื•ื’ื™ื” ื‘ื’ืจืžื ื™ื”
PartnersExpand
Jun 1, 2021 ยท www.prnewswire.com
growth-positive
Panaxia Israel continues growth trend in the first quarter of 2021: reports record revenues of 19.7 million
CustomersPartners
May 19, 2021 ยท www.prnewswire.com
growth-positive
Panaxia and Leriva announced: Exclusive collaborations in Greece
Partners
May 3, 2021 ยท en.globes.co.il
growth-positive
Panaxia sells Israeli cannabis pharmacy to focus on exports
CustomersPartners
Apr 15, 2021 ยท www.jpost.com
growth-positive
https://www.jpost.com/israel-news/how-did-one-company-take-charge-of-israels-medical-cannabis-market-665033
PartnersCustomers
Apr 15, 2021 ยท drugstorenews.com
growth-positive
Ocean Grown Ventures breaks into CBD with Tikva
Partners
Mar 7, 2021 ยท www.sponser.co.il
growth-positive
ืคื ืืงืกื™ื” ื”ื•ืฆื™ืื” ืžืฉืœื•ื— ืจืืฉื•ืŸ ืฉืœ ืžื•ืฆืจื™ ืงื ืื‘ื™ืก ืจืคื•ืื™ ืœืฆืจืคืช
CustomersPartners
Feb 22, 2021 ยท www.sponser.co.il
growth-positive
ืคื ืืงืกื™ื” ืงื™ื‘ืœื” ื”ื™ืชืจื™ ื™ืฆื•ื ืจืืฉื•ื ื™ื ืœืฆืจืคืช
PartnersCustomers
Feb 3, 2021 ยท www.prnewswire.com
growth-positive
Government of Cyprus selects Israeli company Panaxia: Will purchase its premium oils for the country's medical cannabis patients
Partners
Jan 30, 2021 ยท www.jpost.com
growth-positive
https://www.jpost.com/health-science/israeli-medical-cannabis-company-selected-for-exclusive-french-pilot-657204
Partners
Dec 25, 2020 ยท www.jpost.com
growth-positive
https://www.jpost.com/health-science/first-commercial-medical-cannabis-export-from-israel-lands-in-germany-653275
CustomersPartners
Nov 23, 2020 ยท www.prnewswire.com
growth-positive
Panaxia and Neuraxpharm Expand Strategic Collaboration to France with medical cannabis
PartnersCustomers
+ 26 more articles
Details
Product Stage
Released
Employees
51-200
Exact Count
54
District
Center District
Founded
2009
Registrar
514326206
Crunchbase
panaxia-pharmaceutical-industries
Locations
Bat Sheva St 1, Lod, Israel
Links
Website
LinkedIn
Careers
Admin
Last Update
Dec 23, 2024
Verified by
Yanina Wainscheinker
Missing
markets, not claimed
Team (4)
Dadi Segal
Co-founder & CEO
Founder
Sigal Ben Eli
CFO
Eran Goldberg, PhD
CTO
Assi Rotbart
General Manager
Internal
Created by
Fredrik Liljedahl (fredrik.liljedahl@sncentral.org)
Created
2017-05-09T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wainscheinker@sncentral.org)
Status
Acquired by Barak Investment House on Mar, 2024