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Spruce Biosciences Inc. Company Profile

NASDAQ: SPRBHealth CareBiotechnology: Pharmaceutical PreparationsUSD

45.54+1.14 (+2.57%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Spruce Biosciences at a glance

Spruce Biosciences Inc. (NASDAQ: SPRB) is a Biotechnology: Pharmaceutical Preparations company in the Health Care sector headquartered in South San Francisco, CA. Spruce Biosciences is led by Dr. Javier Szwarcberg M.D., M.P.H. and employs about 22 people. The company's shares have traded publicly since 2020.

At a market capitalization of $130.9 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001683553, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Spruce Biosciences do?

Spruce Biosciences, Inc. is a biopharmaceutical company focused on developing and commercializing novel therapies for neurological disorders. The company develops TA-ERT, a fusion protein comprised of recombinant human alpha-N-acetylglucosaminidase, which is an enzyme replacement therapy for patients with Sanfilippo Syndrome Type B. It also develops Tildacerfont for treating a highly debilitating mental disorder characterized by depressed mood with cognitive-affective and somatic changes, including anhedonia, weight alterations, and altered sleeping patterns. In addition, the company develops SPR202 for the treatment of Congenital Adrenal Hyperplasia (CAH), a chronic and potentially life-threatening rare disease with no cure. The company has a license agreement with Eli Lilly and Company to research, develop, and commercialize various pharmaceutical compounds. It also has a collaboration and license agreement with Kaken Pharmaceutical Co. Ltd. to develop, manufacture, and commercialize Tildacerfont for the treatment of CAH in Japan. Spruce Biosciences, Inc. was incorporated in 2014 and is headquartered in South San Francisco, California.

Business description based on the company's public filings.

Company information

Legal name
Spruce Biosciences Inc.
Ticker
NASDAQ: SPRB
Industry
Biotechnology: Pharmaceutical Preparations
CEO
Dr. Javier Szwarcberg M.D., M.P.H.
Employees
22
Headquarters
611 Gateway Boulevard, South San Francisco, CA, United States
Phone
415 343 5986
IPO year
2020
Market cap
$130.88M
SEC CIK
0001683553

Companies similar to Spruce Biosciences

SPRB peer companies
CompanyPrice% ChgMarket capCompare
BGMBGM Group Ltd. Class A9.96+6.07%$133.01Mvs SPRB
CLLSCellectis S.A. ADR1.25-6.72%$125.90Mvs SPRB
NRXPNRX Pharmaceuticals Inc.2.89-0.34%$125.12Mvs SPRB
TNXPTonix Pharmaceuticals Holding Corp.7.28-3.58%$124.86Mvs SPRB
OGIOrganigram Global Inc.0.9511-0.93%$137.10Mvs SPRB
HURATuHURA Biosciences Inc.1.93-2.53%$122.99Mvs SPRB
RNAAtrium Therapeutics Inc.8.26+4.16%$141.29Mvs SPRB
FHTXFoghorn Therapeutics Inc.1.99-4.78%$118.18Mvs SPRB

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