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min $250
If you invest, you're betting AJNA BioSciences will be worth more than $40M in the future.
VC-Backed
Raised $250K or more from a venture firm
Repeat Founder
Founder has started a previous company funded with $2M+
AJNA BioSciences is on a mission to revolutionize the $678 billion US pharmaceutical industry with botanical drugs.
Powered by leading scientists from Harvard, Johns Hopkins, and NYU, AJNA is pioneering a new regulatory pathway to develop FDA-approved drugs from plant medicine.
Leveraging proven medicinal compounds from nature, our first two drug candidates treat conditions more than 80 million people suffer from today: Autism Spectrum Disorder and Generalized Anxiety Disorder.
Until recently, strict regulatory policy blocked the development of prescription drugs made from plants. Even as the federal government considers rescheduling marijuana, patients in need cannot access their medicine of choice.
Consumer demand for natural, more holistic treatment options has never been higher. Demand for psychedelic-assisted therapy is on the rise, and microdosing psilocybin is increasingly popular as a therapeutic treatment option.
Changing regulations have opened the doors for recreational and therapeutic marijuana usage, leading to a thriving cottage industry. Yet the pharmaceutical industry has yet to catch up with these trends.
Plant medicine, with centuries of traditional use, offers great efficacy and fewer side effects. Plants leverage the synergy of multiple compounds to enhance effectiveness and bioavailability, resulting in a more holistic approach to treatments.
In contrast, synthetic drugs typically target individual symptoms instead of looking at the drug’s impact on the whole system, which can lead to unwanted side effects. For example, antipsychotics like Risperdal® and Abilify® are effective at treating irritability in people with autism, but they can cause significant weight gain, sedation, and other health complications.
There is an urgent need for safer, more natural treatments that leverage the synergy of plant compounds, providing effective alternatives and bringing the pharmaceutical industry back to its natural roots.
AJNA transforms plants into safer and greener prescription drugs. This new class of drugs is called botanical drugs.
Botanical drugs are FDA-approved pharmaceuticals made with plant medicine.
AJNA is tapping into the abundance of unexplored plant and fungi species that hold tremendous potential to be developed into potent therapeutic compounds. Our current focus is on specific compounds within cannabis and psilocybin, both of which have a well-established history of therapeutic use.
AJNA’s state-of-the-art 13,500 sq. ft. lab has clearance to process United States Drug Enforcement Agency (DEA) Schedule 1 substances. Situated near Denver, Colorado, our facility goes beyond conventional labs.
Our team uses modern Chemistry, Manufacturing, and Controls (CMC) protocols along with specialized instrumentation, to characterize and standardize botanical raw materials to FDA standards. This approach, combined with our expertise in cutting-edge cultivation, extraction, and FDA-regulated CGMP production, positions us as leaders in the evolving field of botanical drug development.
We’ve integrated the highest standard of sustainable methods into our research and development processes, reducing our ecological footprint by using only water and plant material with no added agents or chemicals. We are implementing a process whereby our waste stream, composed of pure organic mushroom compost, goes directly into the land around Denver, resulting in a beautiful circular impact.
In 2016, the FDA issued revised guidance on botanical drug development, paving the way for AJNA to pursue regulatory viability for therapeutic products made with plant medicine. AJNA is one of the first companies to pursue this new pathway.
AJNA has established a significant defensible moat in this infant market category. Rigorous CMC protocols and regulatory requirements present substantial barriers to entry. At the same time, the abundance of molecules in nature that can be turned into botanical drugs means there is plenty of work to be done by us and our peers.
We’ve developed two prescription drug candidates with several more in the discovery phase. These drug candidates are at or near Phase 2 clinical trials, an important milestone on the path to FDA approval.
Based on consumer trends, a standardized botanical daily microdose of psilocybin will be in high demand. AJNA’s drug candidate represents one of the only natural psychedelics currently moving through the FDA.
AJA001 and 002 are just the beginning of AJNA’s mission to create new and natural options in the massive $678 billion pharmaceutical market. Additional conditions we are looking to treat include PTSD, sleep disorders, ADHD, and chronic pain. Our focus is on selecting plant, fungi, and other botanical species with a well-established history of therapeutic use to streamline the drug discovery process and mitigate late-stage clinical trial risk.
AJNA and our investors benefit from a unique IP paradigm that protects botanical drug developers from the profitability threat posed by generics, which traditional pharmaceutical companies often face. The intricate composition of AJNA’s botanical mixtures makes them nearly impossible to replicate. In addition, plant variety patents offer 20 years of protection, versus the 5-7 year exclusivity period typically granted to synthetic drugs.
Our leadership team has a deep family legacy of increasing access to the powerful medicinal effects of plants. CEO Joel Stanley and his 6 brothers started a business growing medical marijuana for cancer patients in 2009.
After discovering optimal genetics in wild hemp that grew across middle America, and witnessing the powerful therapeutic effect of these extracts, they founded the CBD company Charlotte’s Web in 2014. Joel scaled Charlotte's Web into one of the world’s most trusted hemp extract companies and ultimately led the company to a successful IPO within four years.
Through AJNA, Joel is expanding his legacy by pursuing full medical and FDA validation of hemp and fungi-based medicines backed by a powerhouse team of plant medicine experts, FDA veterans, and elite medical researchers.
AJNA is leveraging modern technology, new regulatory pathways, and consumer trends to trailblaze a new frontier in the $678B U.S. pharmaceutical market. This market is predicted to grow by 6% in the next four years, driven by increasing demand for personalized medicine and targeted therapies, as well as growing interest in natural and alternative remedies (Statista).
AJNA is also at the helm of the rapidly growing psychedelics and cannabis markets. The evolving regulatory environment for psychedelics and cannabis is bringing these substances into the mainstream of modern medicine, with countries like the U.S. making significant steps towards legalization for therapeutic use.
As the regulatory environment for medicinal plants becomes more favorable, we foresee a surge in M&A activity. Major pharmaceutical and biotech companies are increasingly recognizing the immense potential of cannabinoids and psychedelics.
For example, GW Pharmaceuticals, whose multiple sclerosis treatment product nabiximols was the first natural cannabis plant derivative to gain market approval, was acquired by Jazz Pharmaceuticals (NAS: JAZZ) for $7.2 billion in 2021.
Another major deal was struck in May 2024 between AbbVie and Gilgamesh Pharmaceuticals to develop novel compounds that treat the root causes of psychiatric diseases. Gilgamesh will receive an upfront payment of $65 million, up to $1.95 billion in potential option fees and milestones, and tiered royalties on net sales.
AJNA's commercialization strategy includes co-development partnerships, IP licensing, and the development of vertically integrated drug products in a broad range of botanical species and clinical indications. We are following a proven playbook in the biotech industry to realize value in our drug development platform through a liquidity event such as an acquisition of one of our drug candidates, company IPO, or a strategic roll-up prior to any revenue being generated.
We’re raising capital to fund upcoming clinical trials. Our mission at AJNA has always been to harness the power of botanicals to develop safe, natural, and effective therapies. By investing in AJNA, you can help make the natural medicines you believe in a reality for patients everywhere.
We have an exciting opportunity to lead a new era in botanical drug development, creating transformative therapies that could revolutionize medicine and improve millions of lives worldwide. Join us in advancing botanical medicine and building a greener future for healthcare.
* These statements have not been evaluated by the Food and Drug Administration.