Sen-Jam Pharmaceutical

Sen-Jam Pharmaceutical

Growth Stage

Own a stake for health equality; affordable and accessible for all

Own a stake for health equality; affordable and accessible for all

Overview

Raised to Date: Raised: $312,093

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/12/2022

Close Date

01/11/2023

Min. Goal
$9,996
Max. Goal
$3,992,792
Min. Investment

$588

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$7.35

Pre-Money Valuation

$69,979,019

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,468

# of Investors

83

Momentum
Funded
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Year Founded

2017

Industry

Healthcare & Pharmaceuticals

Tech Sector

Biotech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Huntington, New York

Business Type

Growth

Sen-Jam Pharmaceutical, with a valuation of $70 million, is raising funds on StartEngine. The pharmaceutical company makes highly accessible, safe, and affordable drugs that work. The drugs of Sen-Jam Pharmaceutical combine NSAIDs and antihistamines to prevent inflammation and associated pain. Sen-Jam Pharmaceutical is majorly targeting opioid withdrawal, alcohol hangover prevention, and COVID-19 therapeutic. Jim Iversen and Jackie Iversen founded Sen-Jam Pharmaceutical in August 2017. The current crowdfunding campaign has a minimum target of $9,996 and a maximum target of $3,992,791.95. The campaign proceeds will be used to complete the COVID Phase II trial, seek emergency use authorization, complete the Phase II trial for the alcohol hangover product, and begin the Phase II trial for opioid withdrawal.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-417,348

$-336,824

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$64,694

$12,255

Accounts Receivable

$0

$0

Total Assets

$560,194

$505,755

Short-Term Debt

$47,033

$15,292

Long-Term Debt

$857,159

$417,114

Total Liabilities

$904,192

$432,406

Financials as of: 10/12/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Sen-Jam Pharmaceutical 04/28/2024 Wefunder $80,000,000 $1,099,628 Convertible Note Active RegCF
Sen-Jam Pharmaceutical 01/05/2024 Self Managed - - Convertible Note Funded RegD 506(c)
Sen-Jam Pharmaceutical 01/10/2023 StartEngine $69,979,019 $312,093 Equity - Common Funded RegCF
Sen-Jam Pharmaceutical 07/30/2022 Wefunder $25,000,000 $1,008,951 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Sen-Jam Pharmaceutical on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $69,979,019
Price per Share: $7.35

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