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Portal Instruments

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uuid0000gxm

Namestring
Portal Instruments
Legal namestring
Portal Instruments, Inc.
Company typeenum
Private
Founded yearint
2014
Descriptiontext

Portal Instruments is an MIT spinout founded in 2014 and headquartered in Cambridge, Massachusetts, that develops needle-free and needle-assisted drug delivery platforms for subcutaneous injection of high-viscosity biologics. Its core technology is a MIT-licensed linear Lorentz-force actuator that drives a computer-controlled high-pressure jet stream through a disposable cartridge made of cyclic olefin polymer, delivering formulations above 50 cP viscosity and up to 2 mL in volume in under 0.5 seconds. The product portfolio consists of two platforms: PRIME, a needle-free jet injector, and PRIME NEXUS, a reusable electromechanical autoinjector compatible with standard 1mL, 2.25mL, and 5mL pre-filled syringe containers. The company has accumulated at least 12 granted US patents and operates an ISO 13485:2016-certified quality system.

Portal Instruments operates a pure B2B platform-licensing model and does not sell products directly to consumers or healthcare providers. Revenue is generated through feasibility study fees, milestone-based co-development agreements with pharmaceutical partners, and future per-unit royalties on commercialized drug/device combination products. Its customer base consists of pharmaceutical and biotechnology companies developing injectable biologics for chronic conditions, with publicly visible engagements including a co-published validation study with Regeneron and a multi-million-dollar development agreement signed in March 2026 with an undisclosed biotech to advance PRIME NEXUS toward clinical readiness by Q1 2027. The company is backed by strategic investor Gerresheimer AG, which provides manufacturing and industrialization support, alongside earlier venture investors including 5AM Ventures, Sanofi, Takeda Ventures, and PBJ Capital.

Short descriptiontext

Portal Instruments is an MIT spinout that develops needle-free and needle-assisted drug delivery platforms for subcutaneous injection of high-viscosity biologics, licensing its technology to pharmaceutical and biotech partners through co-development agreements.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCambridge, United States
HQ citystring
Cambridge
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
needle-free injection, drug delivery devices, autoinjector technology, biologic drug delivery, subcutaneous injection
Industry2 codes
1Drug Delivery Connectivity, Sensors & Digital Add-Ons (Smart Caps/Companion Apps)
CodeHLAHAIAMPrimaryYes
2Connected Therapeutics & Smart Drug Delivery Monitoring
CodeHLACAFALPrimaryNo
NAICS code2 codes
  • Navigational, Measuring, Electromedical, and Control Instruments Manufacturing33451
  • Surgical and Medical Instrument Manufacturing339112
SIC code2 codes
  • Electromedical & Electrotherapeutic Apparatus3845
  • Surgical & Medical Instruments & Apparatus3841
Product category
Drug Delivery Devices
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Platform Licensing to Pharmaceutical Partners
TypeLicensing Royalties
Description

Portal licenses its drug delivery technology platform to pharmaceutical and biotech companies. The platform consists of the reusable injector device and disposable drug cartridge, which are completed and commercialized through biopharma partners. Revenue is generated through licensing fees, development payments, and per-unit royalties on commercialized combination products.

portalinstruments.com
2Co-Development Agreements
TypeProfessional Services
Description

Portal enters into multi-million-dollar development agreements with pharma partners to advance its devices toward clinical readiness for specific drug formulations. These agreements provide upfront and milestone-based development funding.

portalinstruments.com
3Feasibility Study Services
TypeProfessional Services
Description

Portal offers feasibility studies to pharmaceutical companies to evaluate compatibility of their drug formulations with Portal's delivery platform, generating study fees and establishing commercial relationships.

portalinstruments.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Technology or R&D, Personnel, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1PRIME
Description

Portal's needle-free injection platform technology that delivers high-viscosity biologics through a narrow, hair-thin stream in less than a second.

portalinstruments.com
+1 more record
Core offering1 text field

Portal Instruments develops and licenses a proprietary drug delivery platform consisting of two product lines: the PRIME needle-free jet injection system and the PRIME NEXUS reusable needle-assisted electromechanical autoinjector. The platform uses an MIT-licensed linear Lorentz-force actuator to deliver high-viscosity biologics subcutaneously in less than half a second, and is commercialized through co-development and licensing agreements with pharmaceutical and biotechnology partners.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 76% of patients preferred PRIME needle-free injection over prefilled syringe; 76% reported higher likelihood of medication adherence with PRIME
+2 more records
Product overview1 text field

Portal Instruments offers a drug delivery platform consisting of two integrated products: PRIME (needle-free jet injection platform) and PRIME Nexus (needle-assisted reusable autoinjector). Both products share core technology including a linear actuator platform and fluid dynamics expertise. PRIME uses high-pressure jet injection to deliver medications through the skin without a needle, while PRIME Nexus applies similar engineering principles in a needle-assisted format. The platform includes disposable components (cartridges and cassettes) designed for use with pharmaceutical partners' drug formulations.

Product and service3 records
1PRIME
CategoryNeedle-Free Drug Delivery Platform
Description

Needle-free injection platform that delivers high-viscosity biologics through a narrow, hair-thin stream in less than a second using computer-controlled high-pressure jet injection. Consists of a reusable injector and disposable drug cartridge, licensed to pharmaceutical and biotech partners for self-administration of injectable therapies at home.

2PRIME NEXUS
CategoryReusable Autoinjector Platform
Description

A reusable, needle-assisted electromechanical autoinjector platform that delivers high-viscosity biologics with tailored injection depth, volume flexibility, and controlled injection times. Compatible with 1mL, 2.25mL, and 5mL pre-filled syringe (PFS) container formats. Targeted at pharmaceutical partners developing combination products for chronic disease self-administration.

3Portal Cartridge
CategoryDrug Container Component
Description

Disposable primary drug container made of cyclic olefin polymer (COP) used in Portal's needle-free drug delivery platform. Equipped with a precision nozzle that generates the hair-thin jet of medication, designed to fit standard fill-finish lines and hold drugs for long periods.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-17
Description

Portal Instruments signed a multi-million-dollar development agreement with a leading biotech company in March 2026 to advance PRIME NEXUS toward clinical readiness by Q1 2027. The program focuses on delivering a high-volume, high-viscosity formulation with improved injection times. Portal will finalize device industrialization, complete verification and validation testing, and establish manufacturing readiness by end of 2026 for clinical submission.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-16
Description

Portal Instruments and Regeneron co-published a study in Bioengineering & Translational Medicine demonstrating Portal's PRIME needle-free injection technology's ability to deliver high-viscosity monoclonal antibody formulations effectively. The study provided crucial data on volume flexibility and tailored injection depths, directly informing the development of the PRIME NEXUS platform. Regeneron's expertise in developing high-concentration monoclonal antibodies made them an ideal partner to rigorously challenge Portal's needle-free platform.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-05-09
Description

Gerresheimer AG, a leading provider of drug delivery systems for pharma, biotech and cosmetics, made a strategic investment in Portal Instruments in May 2022. The partnership aims to transform the administration of injectable medicines and improve the patient experience for chronic diseases. Gerresheimer contributes manufacturing expertise, primary container capabilities, and industrialization support, while Portal contributes its innovative needle-free jet injection technology. Gerresheimer CEO Dietmar Siemssen called it a milestone in their strategy to offer unique and innovative solutions to clients.

Strategic tierMinorTypeOthersAnnounced on2021-03-23
Description

Portal Instruments partnered with The Sumaira Foundation for NMOSD (Neuromyelitis Optica Spectrum Disorder), a 501(c)(3) patient advocacy organization founded by an NMO patient. Both organizations share a vision of creating a better experience and improved treatment options for NMO patients. TSF Founder Sumaira Ahmed expressed enthusiasm about introducing Portal's needle-free device to the NMO patient community as an alternative to frequent infusion treatments.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

PharmaJet develops needle-free jet injection technology for vaccine and drug delivery, the most direct competitor to Portal's PRIME needle-free platform with a comparable mechanism (high-pressure liquid jet) and overlapping pharma/biotech customer base.

TypeDirect peer
Description

Crossject develops needle-free, pre-filled, single-use injection systems for emergency and chronic therapeutics using proprietary jet-injection technology — directly comparable mechanism and use cases to Portal's PRIME needle-free platform.

TypeBroad incumbent
Description

SHL Medical is one of the largest developers of advanced autoinjectors and pen injectors for pharma combination products, competing with Portal for the same biologics-delivery partnership dollars with a much broader installed commercial base.

TypeBroad incumbent
Description

West Pharmaceutical Services is a leading provider of drug delivery components (including elastomeric closures, pre-filled syringe systems, and autoinjector platforms) serving nearly every major pharma — a primary incumbent Portal must displace for partnership share.

TypeBroad incumbent
Description

Ypsomed manufactures a wide range of self-injection devices including autoinjectors and pen systems for pharma and biotech, and is a frequent partner for high-viscosity biologics — a direct competitor in the PFS-based autoinjector space where PRIME NEXUS plays.

TypeBroad incumbent
Description

Stevanato Group is a global provider of drug containment, drug delivery, and diagnostic solutions including the Aidaptus autoinjector platform. It competes with Portal's PRIME NEXUS for pharma combination-product partnerships in injectable biologics.

TypeBroad incumbent
Description

Gerresheimer is both a strategic investor/partner in Portal and a broad provider of syringes, cartridges, and drug-delivery systems to global pharma — making it simultaneously a partner and an incumbent competing for the same pharma combination-product programs.

TypeBroad incumbent
Description

BD is one of the largest medical device companies globally with a major Pharmaceutical Systems segment supplying prefilled syringes, autoinjectors, and wearable injectors — a broad incumbent competing across the drug-delivery device landscape Portal addresses.

TypeBroad incumbent
Description

Bespak (now part of Recipharm) develops drug delivery devices including inhalers and autoinjectors for pharma partners, and is a relevant comparable for PRIME NEXUS given overlapping customer base and device platform positioning.

TypeEmerging player
Description

Halozyme acquired Antares Pharma in 2022 to access its auto-injector and specialty injectable delivery platform for high-viscosity biologics — a comparable technology platform targeting the same pharma combination-product opportunity Portal addresses with PRIME NEXUS.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Portal Instruments

Drug Delivery Devicesportalinstruments.com

Portal Instruments is an MIT spinout that develops needle-free and needle-assisted drug delivery platforms for subcutaneous injection of high-viscosity biologics, licensing its technology to pharmaceutical and biotech partners through co-development agreements.

What Portal Instruments does

Portal Instruments is an MIT spinout founded in 2014 and headquartered in Cambridge, Massachusetts, that develops needle-free and needle-assisted drug delivery platforms for subcutaneous injection of high-viscosity biologics. Its core technology is a MIT-licensed linear Lorentz-force actuator that drives a computer-controlled high-pressure jet stream through a disposable cartridge made of cyclic olefin polymer, delivering formulations above 50 cP viscosity and up to 2 mL in volume in under 0.5 seconds. The product portfolio consists of two platforms: PRIME, a needle-free jet injector, and PRIME NEXUS, a reusable electromechanical autoinjector compatible with standard 1mL, 2.25mL, and 5mL pre-filled syringe containers. The company has accumulated at least 12 granted US patents and operates an ISO 13485:2016-certified quality system.

Portal Instruments operates a pure B2B platform-licensing model and does not sell products directly to consumers or healthcare providers. Revenue is generated through feasibility study fees, milestone-based co-development agreements with pharmaceutical partners, and future per-unit royalties on commercialized drug/device combination products. Its customer base consists of pharmaceutical and biotechnology companies developing injectable biologics for chronic conditions, with publicly visible engagements including a co-published validation study with Regeneron and a multi-million-dollar development agreement signed in March 2026 with an undisclosed biotech to advance PRIME NEXUS toward clinical readiness by Q1 2027. The company is backed by strategic investor Gerresheimer AG, which provides manufacturing and industrialization support, alongside earlier venture investors including 5AM Ventures, Sanofi, Takeda Ventures, and PBJ Capital.

Portal Instruments firmographics

Firmographics
Name
Portal Instruments
Legal name
Portal Instruments, Inc.
Website
https://portalinstruments.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
11–50 employees
Short description
Portal Instruments is an MIT spinout that develops needle-free and needle-assisted drug delivery platforms for subcutaneous injection of high-viscosity biologics, licensing its technology to pharmaceutical and biotech partners through co-development agreements.
Ownership category
akta.pro rank

Portal Instruments industry classification

Industry
Product category
Drug Delivery Devices
NAICS
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Surgical and Medical Instrument Manufacturing (339112)
SIC
Electromedical & Electrotherapeutic Apparatus (3845), Surgical & Medical Instruments & Apparatus (3841)
akta.pro primary industry
Drug Delivery Connectivity, Sensors & Digital Add-Ons (Smart Caps/Companion Apps) (HLAHAIAM)
akta.pro secondary industry
Connected Therapeutics & Smart Drug Delivery Monitoring (HLACAFAL)

Keywords

  • Needle-free injection
  • Drug delivery devices
  • Autoinjector technology
  • Biologic drug delivery
  • Subcutaneous injection

Where Portal Instruments is headquartered

Location

Headquarters

HQ city
Cambridge
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Portal Instruments business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

  1. Platform Licensing to Pharmaceutical Partners: Portal licenses its drug delivery technology platform to pharmaceutical and biotech companies. The platform consists of the reusable injector device and disposable drug cartridge, which are completed and commercialized through biopharma partners. Revenue is generated through licensing fees, development payments, and per-unit royalties on commercialized combination products.
  2. Co-Development Agreements: Portal enters into multi-million-dollar development agreements with pharma partners to advance its devices toward clinical readiness for specific drug formulations. These agreements provide upfront and milestone-based development funding.
  3. Feasibility Study Services: Portal offers feasibility studies to pharmaceutical companies to evaluate compatibility of their drug formulations with Portal's delivery platform, generating study fees and establishing commercial relationships.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Portal Instruments product offering

Product offering

Core offering

Portal Instruments develops and licenses a proprietary drug delivery platform consisting of two product lines: the PRIME needle-free jet injection system and the PRIME NEXUS reusable needle-assisted electromechanical autoinjector. The platform uses an MIT-licensed linear Lorentz-force actuator to deliver high-viscosity biologics subcutaneously in less than half a second, and is commercialized through co-development and licensing agreements with pharmaceutical and biotechnology partners.

Product overview

Portal Instruments offers a drug delivery platform consisting of two integrated products: PRIME (needle-free jet injection platform) and PRIME Nexus (needle-assisted reusable autoinjector). Both products share core technology including a linear actuator platform and fluid dynamics expertise. PRIME uses high-pressure jet injection to deliver medications through the skin without a needle, while PRIME Nexus applies similar engineering principles in a needle-assisted format. The platform includes disposable components (cartridges and cassettes) designed for use with pharmaceutical partners' drug formulations.

Differentiator

Problem solved

Functional benefit

Brands

  • PRIME: Portal's needle-free injection platform technology that delivers high-viscosity biologics through a narrow, hair-thin stream in less than a second.
  • PRIME NEXUS

Products and services

  • PRIME Needle-free injection platform that delivers high-viscosity biologics through a narrow, hair-thin stream in less than a second using computer-controlled high-pressure jet injection. Consists of a reusable injector and disposable drug cartridge, licensed to pharmaceutical and biotech partners for self-administration of injectable therapies at home.
  • PRIME NEXUS A reusable, needle-assisted electromechanical autoinjector platform that delivers high-viscosity biologics with tailored injection depth, volume flexibility, and controlled injection times. Compatible with 1mL, 2.25mL, and 5mL pre-filled syringe (PFS) container formats. Targeted at pharmaceutical partners developing combination products for chronic disease self-administration.
  • Portal Cartridge Disposable primary drug container made of cyclic olefin polymer (COP) used in Portal's needle-free drug delivery platform. Equipped with a precision nozzle that generates the hair-thin jet of medication, designed to fit standard fill-finish lines and hold drugs for long periods.

Quantifiable outcome

  • 76% of patients preferred PRIME needle-free injection over prefilled syringe; 76% reported higher likelihood of medication adherence with PRIME
  • +2 more outcomes

Companies that use Portal Instruments

Customer profile

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Portal Instruments technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Portal Instruments partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • Undisclosed Biotech CompanycoreStrategic or Co-development Partner · 17 March 2026Portal Instruments signed a multi-million-dollar development agreement with a leading biotech company in March 2026 to advance PRIME NEXUS toward clinical readiness by Q1 2027. The program focuses on delivering a high-volume, high-viscosity formulation with improved injection times. Portal will finalize device industrialization, complete verification and validation testing, and establish manufacturing readiness by end of 2026 for clinical submission.
  • Regeneron PharmaceuticalscoreStrategic or Co-development Partner · 16 October 2025Portal Instruments and Regeneron co-published a study in Bioengineering & Translational Medicine demonstrating Portal's PRIME needle-free injection technology's ability to deliver high-viscosity monoclonal antibody formulations effectively. The study provided crucial data on volume flexibility and tailored injection depths, directly informing the development of the PRIME NEXUS platform. Regeneron's expertise in developing high-concentration monoclonal antibodies made them an ideal partner to rigorously challenge Portal's needle-free platform.
  • Gerresheimer AGcoreStrategic or Co-development Partner · 9 May 2022Gerresheimer AG, a leading provider of drug delivery systems for pharma, biotech and cosmetics, made a strategic investment in Portal Instruments in May 2022. The partnership aims to transform the administration of injectable medicines and improve the patient experience for chronic diseases. Gerresheimer contributes manufacturing expertise, primary container capabilities, and industrialization support, while Portal contributes its innovative needle-free jet injection technology. Gerresheimer CEO Dietmar Siemssen called it a milestone in their strategy to offer unique and innovative solutions to clients.
  • The Sumaira Foundation (TSF)minorOthers · 23 March 2021Portal Instruments partnered with The Sumaira Foundation for NMOSD (Neuromyelitis Optica Spectrum Disorder), a 501(c)(3) patient advocacy organization founded by an NMO patient. Both organizations share a vision of creating a better experience and improved treatment options for NMO patients. TSF Founder Sumaira Ahmed expressed enthusiasm about introducing Portal's needle-free device to the NMO patient community as an alternative to frequent infusion treatments.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Portal Instruments competitors and assessment

Company assessment

Direct peers

  • PharmaJet: PharmaJet develops needle-free jet injection technology for vaccine and drug delivery, the most direct competitor to Portal's PRIME needle-free platform with a comparable mechanism (high-pressure liquid jet) and overlapping pharma/biotech customer base.
  • Crossject: Crossject develops needle-free, pre-filled, single-use injection systems for emergency and chronic therapeutics using proprietary jet-injection technology — directly comparable mechanism and use cases to Portal's PRIME needle-free platform.

Broad incumbents

  • SHL Medical: SHL Medical is one of the largest developers of advanced autoinjectors and pen injectors for pharma combination products, competing with Portal for the same biologics-delivery partnership dollars with a much broader installed commercial base.
  • West Pharmaceutical Services: West Pharmaceutical Services is a leading provider of drug delivery components (including elastomeric closures, pre-filled syringe systems, and autoinjector platforms) serving nearly every major pharma — a primary incumbent Portal must displace for partnership share.
  • Ypsomed: Ypsomed manufactures a wide range of self-injection devices including autoinjectors and pen systems for pharma and biotech, and is a frequent partner for high-viscosity biologics — a direct competitor in the PFS-based autoinjector space where PRIME NEXUS plays.
  • Stevanato Group: Stevanato Group is a global provider of drug containment, drug delivery, and diagnostic solutions including the Aidaptus autoinjector platform. It competes with Portal's PRIME NEXUS for pharma combination-product partnerships in injectable biologics.
  • Gerresheimer AG: Gerresheimer is both a strategic investor/partner in Portal and a broad provider of syringes, cartridges, and drug-delivery systems to global pharma — making it simultaneously a partner and an incumbent competing for the same pharma combination-product programs.
  • Becton Dickinson (BD): BD is one of the largest medical device companies globally with a major Pharmaceutical Systems segment supplying prefilled syringes, autoinjectors, and wearable injectors — a broad incumbent competing across the drug-delivery device landscape Portal addresses.
  • Bespak (Recipharm): Bespak (now part of Recipharm) develops drug delivery devices including inhalers and autoinjectors for pharma partners, and is a relevant comparable for PRIME NEXUS given overlapping customer base and device platform positioning.

Emerging players

  • Halozyme Therapeutics (Antares Pharma): Halozyme acquired Antares Pharma in 2022 to access its auto-injector and specialty injectable delivery platform for high-viscosity biologics — a comparable technology platform targeting the same pharma combination-product opportunity Portal addresses with PRIME NEXUS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

Portal Instruments social profiles

Digital presence

Portal Instruments compliance and trust

Trust signal

Compliance1 record

Portal Instruments financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Portal Instruments leadership team

Management profile

Number of profiles

Profiles10 records

Portal Instruments funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Portal Instruments M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Portal Instruments

What does Portal Instruments do?

Portal Instruments develops and licenses a proprietary drug delivery platform consisting of two product lines: the PRIME needle-free jet injection system and the PRIME NEXUS reusable needle-assisted electromechanical autoinjector. The platform uses an MIT-licensed linear Lorentz-force actuator to deliver high-viscosity biologics subcutaneously in less than half a second, and is commercialized through co-development and licensing agreements with pharmaceutical and biotechnology partners.

Is Portal Instruments a public or private company?

Portal Instruments is a private company. It is classified as venture growth investor backed and is currently operating.

When was Portal Instruments founded?

Portal Instruments was founded in 2014. It employs 11 to 50 people.

Where is Portal Instruments based?

Portal Instruments is headquartered in Cambridge, United States, in the North America region.

How does Portal Instruments make money?

Three revenue lines are on record. Platform Licensing to Pharmaceutical Partners are the primary driver. The others are co-Development Agreements and feasibility Study Services.

Who are Portal Instruments's main competitors?

Direct peers on record are PharmaJet and Crossject. Broad incumbents are SHL Medical, West Pharmaceutical Services, Ypsomed, Stevanato Group, Gerresheimer AG, Becton Dickinson (BD) and Bespak (Recipharm). Halozyme Therapeutics (Antares Pharma) is listed as an emerging player.

Does Portal Instruments have an API?

No public API is recorded for Portal Instruments.

What industry is Portal Instruments in?

Portal Instruments's product category is Drug Delivery Devices. Its primary akta.pro industry code is HLAHAIAM, Drug Delivery Connectivity, Sensors & Digital Add-Ons (Smart Caps/Companion Apps), with a secondary code of HLACAFAL, Connected Therapeutics & Smart Drug Delivery Monitoring. Its NAICS code is 33451 and its SIC code is 3845.

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Live signals
PR NewswireDELIVERING THE FUTUREPortal Instruments announced signing a multi-million dollar development agreement with a leading biotech company to advance its large-volume reusable autoinjector, PRIME NEXUS™, toward clinical readiness by Q1 2027. Under the agreement, Portal will complete device industrialization, verification and validation testing, and establish manufacturing readiness by the end of 2026. The platform is designed to address industry challenges with high-volume, high-viscosity biologic formulations that traditional disposable autoinjectors cannot handle consistently.EIN PresswirePortal and Regeneron Publish PRIME® Needle-Free Innovation Study, Informing Next-Generation Platform DevelopmentPortal Instruments and Regeneron Pharmaceuticals published a collaborative study in Bioengineering & Translational Medicine demonstrating that Portal's PRIME® needle-free injection platform can safely and effectively deliver high-viscosity monoclonal antibody formulations subcutaneously, achieving bioavailability and pharmacokinetics comparable to conventional needle-and-syringe injections. The research findings directly informed the development of Portal's new PRIME NEXUS™ needle-assisted reusable autoinjector platform, which leverages Portal's decade-long expertise in needle-free injection science to optimize performance for complex biologics. The study underscores Portal's ability to translate foundational engineering expertise into a differentiated product pipeline for pharmaceutical partners seeking patient-friendly drug delivery solutions.GlobeNewswirePredictive Oncology Appoints Pharma, Biotech and Digital Health Veteran Veena Rao, PhD, MBA, to its Board of DirectorsPredictive Oncology Inc. appointed Veena Rao, a veteran in pharma and digital health, to its Board of Directors, replacing David Smith who is stepping down from the board role. Rao brings extensive commercial experience from her roles at Portal Instruments, Beta Bionics, and Eli Lilly, aiming to leverage her background to guide the company's drug discovery initiatives. The appointment supports Predictive Oncology's strategy to expand its AI-driven oncology drug discovery capabilities using its PEDAL platform and biobank.PR NewswireGerresheimer on track to deliver record financial year 2022 after solid second quarterGerresheimer AG delivered solid second quarter 2022 results with organic revenue growth of 13.0%, building on strong Q1 performance that brought first-half organic revenue growth to 15.7%. The company reaffirmed its full-year 2022 guidance for double-digit organic revenue growth with high single-digit growth in adjusted EBITDA and adjusted EPS, positioning it to deliver a record financial year. In Q2, Gerresheimer entered into strategic participations with Portal Instruments Inc and Adamant Health Oy to develop a needle-free autoinjector and advance Parkinson's disease treatment respectively.PR NewswireGerresheimer and Portal enter strategic partnership to treat chronically ill patients with innovative needle-free drug-delivery solutionGerresheimer AG has invested in US-based Portal Instruments, acquiring a minority stake to develop a needle-free drug delivery platform for biologics and biosimilars. Portal's technology enables high-speed subcutaneous injection in under a second and includes connectivity features for adherence monitoring and disease management. The partnership will see Gerresheimer support product development, manufacturing of the reusable injector, and cartridge supply, while gaining access to Portal's technology and expanding its innovative platform portfolio.PR NewswirePortal Instruments Clinical Study Demonstrating Patient Preference for Needle-Free Injections Published in Drug DeliveryPortal Instruments announced that results from its PRECISE II clinical study on patient preference for the Prime needle-free injection system were published in the journal Drug Delivery, with 76% of subjects preferring the needle-free device over a standard 27-gauge prefilled needle and syringe. The study demonstrated significantly lower pain scores for the Prime injector, with 79% of participants choosing it for their final self-injection and 76% reporting higher hypothetical medication adherence compared to traditional injections. Portal Instruments is developing Prime to deliver high viscosity biologic drugs through pharmaceutical partnerships, though the device remains investigational and has not yet received regulatory approval.The-HospitalistQuick Byte: Needle-free injectionsPortal Instruments, a start-up based at MIT, has developed PRIME, a needle-free injection system that delivers medication via high-pressure streams. The company signed a commercial deal for the device in December 2017, with availability expected soon.DrugdeliverybusinessPortal Instruments uses speed to tackle needle-free drug deliveryPortal Instruments is developing a needle-free injection system that uses electromagnetic technology to deliver drugs in one-third of a second, aiming to reduce patient anxiety and simplify administration. The company secured an exclusive $100 million deal with Takeda in November to advance their drug-device combination through the FDA approval process. Portal is currently negotiating with other potential partners for its universal injection platform technology.Good News NetworkNeedle-Free Injections: New Device For Insulin and Vaccines to Hit MarketMIT spinout Portal Instruments has secured a commercialization deal with pharmaceutical giant Takeda to bring its smart, needle-free injection device, PRIME, to market. Under the agreement, Portal will receive an initial payment and up to $100 million in milestone payments to co-develop the device for Takeda's Entyvio drug, aiming to improve patient adherence by reducing injection pain.SciTechDailyMIT Spinout Develops Smart Needle-Free Drug InjectorMIT spinout Portal Instruments has secured a commercialization deal with pharmaceutical giant Takeda to develop and market its smart, needle-free injection device, PRIME. Under the agreement, Portal will collaborate on developing the device for Takeda's Entyvio drug, receiving an initial payment with potential milestone payments up to $100 million. The technology aims to improve patient adherence to chronic disease treatments by reducing pain and anxiety associated with traditional needle injections.