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Zynerba Pharmaceuticals

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uuid0009tvn

Namestring
Zynerba Pharmaceuticals
Legal namestring
Harmony Biosciences Management, Inc.
Websiteurl
zynerba.com
Company typeenum
Public
Founded yearint
2007
Descriptiontext

Zynerba Pharmaceuticals, Inc. is a Devon, Pennsylvania-based clinical-stage pharmaceutical developer founded in 2007 that builds transdermal (dermal-application) drug-delivery products for neuroscience indications. The company's core technology is a permeation-enhanced cannabidiol gel (ZYN002) designed to deliver CBD through the skin to treat central nervous system disorders, with lead development focus on Fragile X syndrome and 22q11.2 deletion syndrome. The asset was advanced by partner Harmony Biosciences, which paused Fragile X development in 2025 following a Phase 3 trial failure and is reviewing potential follow-on work in 22q11.2 deletion syndrome.

The company is structured as a for-profit corporation that was previously listed on NASDAQ under ticker ZYNE and is now delisted, with a remaining headcount of 1–10 employees. The leadership team is led by founder Audra L. Stinchcomb, CEO and Chairman Armando Anido, President Terri Sebree, and CFO/VP Corporate Development James E. Fickenscher. Capitalization history includes an early 2007 round backed by Keyhorse Capital and a 2014 financing of $13,000,000 led by Perceptive Advisors; no subsequent funding events are disclosed in the input.

The business model is pre-commercial: Zynerba has historically relied on equity financing and partnership/out-licensing arrangements to fund clinical development rather than direct product sales. With no approved product, no commercial sales force, and post-delisting private status, the company's revenue mechanics are effectively limited to residual licensing milestones or collaboration economics from third-party development of its pipeline.

Short descriptiontext

Zynerba Pharmaceuticals is a Devon, Pennsylvania-based, delisted clinical-stage pharmaceutical company founded in 2007 that develops transdermal cannabidiol (CBD) gel therapies for neuroscience indications including Fragile X syndrome and 22q11.2 deletion syndrome.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersDevon, United States
HQ citystring
Devon
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
dermal drug delivery, cannabidiol therapeutics, neuroscience pharmaceuticals, transdermal gel formulations, rare disease treatment
Industry2 codes
1Neurology & Psychiatry (CNS) Pharmaceuticals
CodeHLAIAAAFPrimaryYes
2Neurology & CNS Specialty Pharmaceuticals
CodeHLAIACACPrimaryNo
NAICS code2 codes
  • Pharmaceutical Preparation Manufacturing325412
  • Pharmaceutical and Medicine Manufacturing32541
SIC code1 code
  • Pharmaceutical Preparations2834
Product category
Specialty Pharmaceuticals
Cost components4 values
Technology or R&D, Personnel, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1Newrology
Description

A fresh approach to helping patients thrive, representing Harmony Biosciences' patient-focused drug development model.

harmonybiosciences.com
Core offering1 text field

Zynerba Pharmaceuticals, Inc. develops pharmaceutical products using proprietary transdermal (dermal) delivery technology to treat neuroscience disorders. The company's lead investigational candidate is ZYN002, a cannabidiol gel, which has been evaluated for fragile X syndrome and 22q11.2 deletion syndrome.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1ZYN002 (cannabidiol gel)
CategoryInvestigational CNS Pharmaceuticals
Description

Proprietary transdermal cannabidiol gel formulation developed as an investigational treatment for patients with fragile X syndrome and 22q11.2 deletion syndrome. Designed to deliver cannabidiol through the skin for central nervous system disorders.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight1 record

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

CNS specialty pharma developing therapies for rare neurological and psychiatric conditions (e.g., Zurzuvae). Comparable in CNS rare-disease focus, branded-innovator positioning, and clinical-stage development.

TypeDirect peer
Description

Specialty CNS pharma with the leading cannabinoid-derived product (Epidiolex, via GW Pharmaceuticals acquisition) plus a broader neurology/rare-disease portfolio. Most directly comparable to Zynerba as a CBD-based CNS drug developer with branded, rare-disease assets.

TypeEmerging player
Description

Early-stage cannabinoid therapeutic developer focused on rare diseases including CNS applications. Comparable in cannabinoid-based therapeutic modality and emerging-stage positioning, though with broader pipeline scope.

TypeDirect peer
Description

Pioneer in cannabinoid-based therapeutics with Epidiolex for rare epilepsies (now part of Jazz). Historically a direct peer to Zynerba as a CBD-based CNS drug developer focused on rare neurological indications via a transdermal/oral delivery approach.

TypeDirect peer
Description

CNS-focused specialty pharma with commercialized neurology/psychiatry products. Comparable in CNS specialty positioning, branded-pharma approach, and development-to-commercialization trajectory.

TypeDirect peer
Description

CNS-focused specialty pharma commercializing ganaxolone for rare epilepsies. Comparable therapeutic-area focus (rare neurological disorders) and clinical/commercial-stage profile to Zynerba's CNS ambitions.

TypeDirect peer
Description

CNS specialty pharma that recently expanded its pipeline via the Sepranolone acquisition from Asarina Pharma. Comparable in CNS specialty focus and active business-development approach to in-licensing rare-disease CNS assets.

TypeDirect peer
Description

Clinical-stage company developing cannabinoid-derived therapeutics for rare diseases including CNS indications. Comparable to Zynerba in cannabinoid-based modality, rare-disease focus, and clinical-stage profile.

TypeBroad incumbent
Description

Large established neuroscience-focused pharmaceutical company with a broad CNS/neurology portfolio. Comparable in therapeutic focus but with vastly greater scale, commercial infrastructure, and pipeline breadth relative to Zynerba.

TypeDirect peer
Description

Public CNS specialty pharma that was actively developing ZYN002 (cannabidiol gel) before pausing after Phase 3 failure. The closest therapeutic-area comparable and the most recent commercialization-stage partner to Zynerba.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

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

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

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

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

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

Investors2 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 →

Zynerba Pharmaceuticals

Specialty Pharmaceuticalszynerba.com

Zynerba Pharmaceuticals is a Devon, Pennsylvania-based, delisted clinical-stage pharmaceutical company founded in 2007 that develops transdermal cannabidiol (CBD) gel therapies for neuroscience indications including Fragile X syndrome and 22q11.2 deletion syndrome.

What Zynerba Pharmaceuticals does

Zynerba Pharmaceuticals, Inc. is a Devon, Pennsylvania-based clinical-stage pharmaceutical developer founded in 2007 that builds transdermal (dermal-application) drug-delivery products for neuroscience indications. The company's core technology is a permeation-enhanced cannabidiol gel (ZYN002) designed to deliver CBD through the skin to treat central nervous system disorders, with lead development focus on Fragile X syndrome and 22q11.2 deletion syndrome. The asset was advanced by partner Harmony Biosciences, which paused Fragile X development in 2025 following a Phase 3 trial failure and is reviewing potential follow-on work in 22q11.2 deletion syndrome.

The company is structured as a for-profit corporation that was previously listed on NASDAQ under ticker ZYNE and is now delisted, with a remaining headcount of 1–10 employees. The leadership team is led by founder Audra L. Stinchcomb, CEO and Chairman Armando Anido, President Terri Sebree, and CFO/VP Corporate Development James E. Fickenscher. Capitalization history includes an early 2007 round backed by Keyhorse Capital and a 2014 financing of $13,000,000 led by Perceptive Advisors; no subsequent funding events are disclosed in the input.

The business model is pre-commercial: Zynerba has historically relied on equity financing and partnership/out-licensing arrangements to fund clinical development rather than direct product sales. With no approved product, no commercial sales force, and post-delisting private status, the company's revenue mechanics are effectively limited to residual licensing milestones or collaboration economics from third-party development of its pipeline.

Zynerba Pharmaceuticals firmographics

Firmographics
Name
Zynerba Pharmaceuticals
Legal name
Harmony Biosciences Management, Inc.
Website
https://zynerba.com
Company type
Public
Founded year
2007
Operating status
Operating
Headcount range
1–10 employees
Short description
Zynerba Pharmaceuticals is a Devon, Pennsylvania-based, delisted clinical-stage pharmaceutical company founded in 2007 that develops transdermal cannabidiol (CBD) gel therapies for neuroscience indications including Fragile X syndrome and 22q11.2 deletion syndrome.
Ownership category
akta.pro rank

Zynerba Pharmaceuticals industry classification

Industry
Product category
Specialty Pharmaceuticals
NAICS
Pharmaceutical Preparation Manufacturing (325412), Pharmaceutical and Medicine Manufacturing (32541)
SIC
Pharmaceutical Preparations (2834)
akta.pro primary industry
Neurology & Psychiatry (CNS) Pharmaceuticals (HLAIAAAF)
akta.pro secondary industry
Neurology & CNS Specialty Pharmaceuticals (HLAIACAC)

Keywords

  • Dermal drug delivery
  • Cannabidiol therapeutics
  • Neuroscience pharmaceuticals
  • Transdermal gel formulations
  • Rare disease treatment

Where Zynerba Pharmaceuticals is headquartered

Location

Headquarters

HQ city
Devon
HQ country
United States
HQ region
North America

Markets served

Zynerba Pharmaceuticals business model

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

Zynerba Pharmaceuticals product offering

Product offering

Core offering

Zynerba Pharmaceuticals, Inc. develops pharmaceutical products using proprietary transdermal (dermal) delivery technology to treat neuroscience disorders. The company's lead investigational candidate is ZYN002, a cannabidiol gel, which has been evaluated for fragile X syndrome and 22q11.2 deletion syndrome.

Differentiator

Problem solved

Functional benefit

Brands

  • Newrology: A fresh approach to helping patients thrive, representing Harmony Biosciences' patient-focused drug development model.

Products and services

  • ZYN002 (cannabidiol gel) Proprietary transdermal cannabidiol gel formulation developed as an investigational treatment for patients with fragile X syndrome and 22q11.2 deletion syndrome. Designed to deliver cannabidiol through the skin for central nervous system disorders.

Companies that use Zynerba Pharmaceuticals

Customer profile

Ideal customer profiles1 record

Zynerba Pharmaceuticals technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Zynerba Pharmaceuticals partnerships and signals

Strategic signal

Recent moves4 records

Expansion highlights1 record

Zynerba Pharmaceuticals competitors and assessment

Company assessment

Direct peers

  • Sage Therapeutics: CNS specialty pharma developing therapies for rare neurological and psychiatric conditions (e.g., Zurzuvae). Comparable in CNS rare-disease focus, branded-innovator positioning, and clinical-stage development.
  • Jazz Pharmaceuticals: Specialty CNS pharma with the leading cannabinoid-derived product (Epidiolex, via GW Pharmaceuticals acquisition) plus a broader neurology/rare-disease portfolio. Most directly comparable to Zynerba as a CBD-based CNS drug developer with branded, rare-disease assets.
  • GW Pharmaceuticals: Pioneer in cannabinoid-based therapeutics with Epidiolex for rare epilepsies (now part of Jazz). Historically a direct peer to Zynerba as a CBD-based CNS drug developer focused on rare neurological indications via a transdermal/oral delivery approach.
  • Axsome Therapeutics: CNS-focused specialty pharma with commercialized neurology/psychiatry products. Comparable in CNS specialty positioning, branded-pharma approach, and development-to-commercialization trajectory.
  • Marinus Pharmaceuticals: CNS-focused specialty pharma commercializing ganaxolone for rare epilepsies. Comparable therapeutic-area focus (rare neurological disorders) and clinical/commercial-stage profile to Zynerba's CNS ambitions.
  • Relmada Therapeutics: CNS specialty pharma that recently expanded its pipeline via the Sepranolone acquisition from Asarina Pharma. Comparable in CNS specialty focus and active business-development approach to in-licensing rare-disease CNS assets.
  • Corbus Pharmaceuticals: Clinical-stage company developing cannabinoid-derived therapeutics for rare diseases including CNS indications. Comparable to Zynerba in cannabinoid-based modality, rare-disease focus, and clinical-stage profile.
  • Harmony Biosciences: Public CNS specialty pharma that was actively developing ZYN002 (cannabidiol gel) before pausing after Phase 3 failure. The closest therapeutic-area comparable and the most recent commercialization-stage partner to Zynerba.

Emerging players

  • InMed Pharmaceuticals: Early-stage cannabinoid therapeutic developer focused on rare diseases including CNS applications. Comparable in cannabinoid-based therapeutic modality and emerging-stage positioning, though with broader pipeline scope.

Broad incumbents

  • Biogen: Large established neuroscience-focused pharmaceutical company with a broad CNS/neurology portfolio. Comparable in therapeutic focus but with vastly greater scale, commercial infrastructure, and pipeline breadth relative to Zynerba.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

Zynerba Pharmaceuticals social profiles

Digital presence

Zynerba Pharmaceuticals financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Zynerba Pharmaceuticals leadership team

Management profile

Number of profiles

Profiles4 records

Zynerba Pharmaceuticals funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

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

Zynerba Pharmaceuticals 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 Zynerba Pharmaceuticals

What does Zynerba Pharmaceuticals do?

Zynerba Pharmaceuticals, Inc. develops pharmaceutical products using proprietary transdermal (dermal) delivery technology to treat neuroscience disorders. The company's lead investigational candidate is ZYN002, a cannabidiol gel, which has been evaluated for fragile X syndrome and 22q11.2 deletion syndrome.

Is Zynerba Pharmaceuticals a public or private company?

Zynerba Pharmaceuticals is a public company. It is classified as unknown and is currently operating.

When was Zynerba Pharmaceuticals founded?

Zynerba Pharmaceuticals was founded in 2007. It employs 1 to 10 people.

Where is Zynerba Pharmaceuticals based?

Zynerba Pharmaceuticals is headquartered in Devon, United States, in the North America region.

Who are Zynerba Pharmaceuticals's main competitors?

Direct peers on record are Sage Therapeutics, Jazz Pharmaceuticals, GW Pharmaceuticals, Axsome Therapeutics, Marinus Pharmaceuticals, Relmada Therapeutics, Corbus Pharmaceuticals and Harmony Biosciences. InMed Pharmaceuticals is listed as an emerging player. Biogen is listed as a broad incumbent.

Does Zynerba Pharmaceuticals have an API?

No public API is recorded for Zynerba Pharmaceuticals.

What industry is Zynerba Pharmaceuticals in?

Zynerba Pharmaceuticals's product category is Specialty Pharmaceuticals. Its primary akta.pro industry code is HLAIAAAF, Neurology & Psychiatry (CNS) Pharmaceuticals, with a secondary code of HLAIACAC, Neurology & CNS Specialty Pharmaceuticals. Its NAICS code is 325412 and its SIC code is 2834.

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Live signals
AInvestHarmony Acquisitions, Viny Pharma enter non-binding merger LOIHarmony Biosciences Holdings plans to acquire Zynerba Pharmaceuticals through a definitive agreement, with the deal expected to close by the fourth quarter. The acquisition includes a cash tender offer of $60 million, with potential additional payments up to $140 million based on milestones.FierceBiotechHarmony halts genetic disease program following phase 3 fragile X failureHarmony Biosciences has paused development of its ZYN002 CBD gel candidate in 22q11.2 deletion syndrome after the drug failed its phase 3 Reconnect trial in fragile X syndrome, which the company attributed to an unusually high placebo response. The company acquired Zynerba Pharmaceuticals in 2023 to obtain ZYN002, which had previously shown only hints of efficacy in a subset of patients with complete methylation in the FMR1 gene. Harmony is conducting an in-depth review of all Reconnect study data and expects to share updates early next year on the fragile X study and implications for a potential phase 3 trial in 22q deletion syndrome.PR NewswireHARMONY BIOSCIENCES COMPLETES ACQUISITION OF ZYNERBA PHARMACEUTICALS AND EXPANDS PIPELINEHarmony Biosciences Holdings has completed its acquisition of Zynerba Pharmaceuticals for $60 million in aggregate cash plus up to $140 million in contingent value rights tied to clinical, regulatory, and sales milestones. The deal gives Harmony access to Zygel, a synthetic transdermal cannabinoid therapy currently in pivotal Phase 3 trials for Fragile X syndrome, with the product candidate targeting approximately 80,000 U.S. patients with FXS and 80,000 with 22q deletion syndrome. Following the merger, Zynerba became a wholly owned subsidiary of Harmony and its common stock will no longer be listed on Nasdaq.citybizHarmony Biosciences to Acquire Zynerba PharmaceuticalsHarmony Biosciences Holdings, Inc. announced an extension of its tender offer to acquire Zynerba Pharmaceuticals, Inc. The deadline for the tender offer has been extended to October 10, 2023, with 17,298,313 shares of Zynerba's common stock having been validly tendered as of the previous deadline.PR NewswireHARMONY BIOSCIENCES ANNOUNCES EXTENSION OF TENDER OFFER TO ACQUIRE ZYNERBA PHARMACEUTICALS, INC.Harmony Biosciences Holdings, Inc. has extended the expiration of its tender offer to acquire Zynerba Pharmaceuticals, Inc., moving the deadline from September 26 to October 10, 2023. As of the previous expiration date, approximately 32.1% of Zynerba's outstanding common stock had been validly tendered in connection with the merger agreement.PR NewswireShareholder Alert: Ademi LLP investigates whether Zynerba Pharmaceuticals, Inc. has obtained a Fair Price in its transaction with HarmonyAdemi LLP is investigating Zynerba Pharmaceuticals and its board of directors for potential breaches of fiduciary duty regarding a transaction with Harmony. The deal offers shareholders $1.1059 per share plus contingent value rights, while imposing penalties on competing bids and granting substantial benefits to insiders.European Pharmaceutical ManufacturerHarmony Bioscience to Acquire Zynerba PharmaceuticalsHarmony Biosciences has announced a definitive agreement to acquire Zynerba Pharmaceuticals for $60 million in cash plus contingent value rights potentially worth up to $140 million. The acquisition aims to expand Harmony's portfolio into rare neuropsychiatric disorders by adding Zynerba’s lead asset, Zygel, which is currently undergoing Phase 3 trials for Fragile X syndrome.InsideprecisionmedicineHarmony Acquiring Zynerba, a Leader in Development of Cannabioid-Based GelHarmony Biosciences announced an acquisition of Zynerba Pharmaceuticals for up to $200M, targeting Zynerba's transdermal cannabidiol gel Zygel for Fragile X syndrome. Zygel is in a pivotal Phase III trial (RECONNECT) for FXS, with a Phase II trial showing significant improvements in 22q11.2 deletion syndrome. Harmony plans to bring Zygel to market as a first pharmaceutical product for FXS behavioral symptoms.BioSpaceHarmony Makes Rare Disease Play with Potential $200M Zynerba BuyoutHarmony Biosciences agreed to acquire Zynerba Pharmaceuticals for $60 million in cash plus up to $140 million in contingent payments, totaling $200 million. The deal gives Harmony access to Zygel, a synthetic cannabidiol gel for Fragile X syndrome, with a Phase III trial underway. Closing is expected in Q4 2023.Pulse 2.0Harmony Biosciences Buying Zynerba Pharmaceuticals For Up To $200 MillionHarmony Biosciences agreed to acquire Zynerba Pharmaceuticals for $1.1059 per share in cash, or $60 million plus contingent value rights (CVRs) for up to $140 million more. The deal, expected to close in Q4 2023, targets Zynerba's Zygel, a synthetic cannabidiol for Fragile X syndrome, with CVRs tied to clinical and sales milestones.