BirchBioMed

BirchBioMed

BirchBioMed is raising funds through Reg A+ crowdfunding with Dealmaker Securities as the Broker-Dealer. It is a clinical-stage biopharmaceutical company focused on developing treatments for scarring and related skin disorders. BirchBioMed has exclusive and worldwide pharmaceutical licenses from UBC for the scientific technologies FS1/FS2 and AI-001 that hold the potential for medical breakthroughs in the treatment of certain debilitating conditions. Mark S. Miller and Susan Elliott founded BirchBioMed in 2015. The current crowdfunding campaign has a maximum target of $10.35 million. The campaign proceeds will be used to complete Phase 2b and Phase 3 clinical trials for the use of FS2, design and submit to HC for the approval of Phase 1b and Phase 2a trials of AI-001, prepare applications for orphan drug designations, commercialization efforts, and working capital purposes.

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Investment Overview

Raised this Round: Raised: $220,910

Deal Terms

Total Commitments ($USD)

Platform
DealMaker Securities
Start Date
10/08/2024
Close Date
Not Provided
Min. Goal
$1,035
Max. Goal
$10,350,000
Min. Investment

$1,035

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$164,423,910

Company & Team

Company

Year Founded
2015
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
High
Location
King City, Ontario
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Mark Miller
Title
CEO
Founder Name
Susan Elliott
Title
CMO

Financials

 Revenue
$0
 Monthly Burn
$109,171
 Runway
8 months

Balance Sheet

Cash and Cash Equivalents

$877,105

Investment Securities

$0

Accounts and Notes Receivable

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$1,015,630

Accounts Payable & Accrued Liabilities

$270,462

Long Term Debt

$2,653,865

Total Liabilities

$2,893,028

Total Stockholders' Equity

$-1,877,383

Total Liabilities and Equity

$1,015,630

Statement of Comprehensive Income Information

Total Revenues

$0

Costs & Expenses Applicable to Rev

$898,482

Depreciation and Amortization

$0

Net Income

$-1,310,046

Earnings Per Share - Basic

$-0.04

Earnings Per Share - Diluted

$-0.04

Auditor: Bonadio & Co., LLP
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Company Funding & Growth

Funding history

Total Prior Capital Raised
$596,000
Grants
$600,000,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/08/2025 DealMaker Securities $164,423,910 $220,910 Equity - Common Active RegA+
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BirchBioMed on Dealmaker Securities 2024
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $164,423,910
Price per Share: $5.00

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