Company Profile

Xeris Pharmaceuticals Inc
Profile last edited on: 12/2/2023      CAGE: 59FN0      UEI: YAV5AK7VKJ31

Business Identifier: Developing non-aqueous formulations of injectable drugs
Year Founded
2005
First Award
2009
Latest Award
2018
Program Status
Active
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Location Information

180 North Lasalle Street Suite 1600
Chicago, IL 60601
   (844) 445-5704
   bd@xerispharma.com
   www.xerispharma.com
Location: Multiple
Congr. District: 07
County: Cook

Public Profile

Publicly traded since June 2018, Xeris Pharmaceuticals (NASDAQ:XERS) is a specialty pharmaceutical company developing patient-friendly injectables for indications in diabetes, epilepsy, and immunology. With a novel technology platform that enables ready-to-use, room-temperature stable formulations of injectable and infusible therapies, the company is advancing a portfolio of solutions in various therapeutic categories, including its first commercial product, Gvoke®. Its proprietary XeriSol™ and XeriJect™ formulation technologies have the potential to offer distinct advantages over conventional product formulations, including eliminating the need for reconstitution, enabling long-term, room-temperature stability, significantly reducing injection volume, and eliminating the requirement for intravenous (IV) infusion. The company's disruptive formulation and delivery technologies allow for the subcutaneous delivery of highly concentrated, non-aqueous paste and liquid formulations of all drug classes, including small molecules, peptides, proteins, antibodies, and nucleic-acid-based therapeutics. he company’s products include Xeris Glucagon, a glucagon rescue pen for severe hypoglycemia in type 1 and insulin-dependent type 2 diabetics; and Xeris G-Pen, a pre-loaded auto-injection pen with highly concentrated formulation. Its disruptive formulation-injection technologies allow the subcutaneous delivery of highly concentrated, paste, and liquid formulations of various drug classes, including small molecules, peptides, proteins, antibodies, and nucleotide-based therapeutics. Xeris Pharmaceuticals, Inc. also offers ready-to-use bio-pharmaceuticals delivered through injectable devices. Xeris (Nasdaq: XERS) is a specialty pharmaceutical company delivering innovative solutions to simplify the experience of administering important therapies that people rely on every day around the world. With Xeris’ technology, new product formulations are designed to be easier to use by patients, caregivers, and health practitioners and help reduce costs for payers and the healthcare system.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
250-500
Revenue Range
20M-50M
VC funded?
Yes
Public/Private
Publicly Traded
Stock Info
NASDAQ : XERS
IP Holdings
25-49

Awards Distribution by Agency

Most Recent SBIR Projects

Key People / Management

  Douglas Baum -- President and CEO

  Paul R Edick -- Chairman and CEO

  Barry Deutsch -- Chief Financial Officer

  Beth Hecht -- Senior Vice President, General Counsel & Corporate Secretary

  Kenneth Johnson -- Senior Vice President

  James C Kinzell -- Founder

  John Kinzell -- Co-Founder and Executive VicPresident, Corporate Development

  Kevin McCulloch -- SVP of Global Operations

  Steven Prestrelski -- Co-Founder and Chief Scientific Officer

  Vijaysekhar Prestrelski

  Yash Sabharwal -- Chief Operating Officer

  John Shannon -- COO

  Allison Wey -- Senior Vice President of Investor Relations and Corporate Communications