/Companies

Verona Pharma

London · United Kingdom corporation · 11 known investors

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Verona Pharma develops treatments for chronic lung conditions. As of October 2025, it and its subsidiaries are part of Merck & Co., Inc.

Founders & leadership

JKJan-Anders Karlsson
Jan-Anders KarlssonSenior Advisor to CEO2020–2021
PSPeter Spargo
Peter SpargoSVP CMC2014–2024Peter Spargo held the position of Senior Vice President of Chemistry, Manufacturing and Controls at Novexel (Paris), where he oversaw development of anti-infective drug candidates through Phase II clinical trials before the company's acquisition by AstraZeneca in 2010; he subsequently led research and development functions in chemistry and pharmaceutical sciences at Pfizer Global R&D, and has worked as a consultant on chemistry, manufacturing, and controls strategy for pharmaceutical development programs.
PH
Patrick HumphreyNamed on SEC filing
KC
Ken CunninghamNamed on SEC filing
KN
Kenneth NewmanNamed on SEC filing
AU
Anders UllmanNamed on SEC filing

Board

DE
David EbsworthChairman2014–2025Angel

Investors · 11

Reported raises · per SEC filings

Form D private placements

$244.7M disclosed across 2 rounds · 2016–2020

▶$200.2MraisedJul 2020 · 43 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew SinclairDirector
  • Mahendra ShahDirector
  • Rishi GuptaDirector
  • David EbsworthDirector
  • Mark W. HahnExecutive Officer
  • Kathleen RickardExecutive Officer
  • Anders UllmanDirector
  • Claire PollExecutive Officer
  • Martin EdwardsDirector
  • Ken CunninghamDirector
  • David ZaccardelliExecutive Officer, Director
  • Vikas SinhaDirector
Offering amount
$200.2M
Amount sold
$200.2M
Sales commissions
$12M
Placement agents
JEFFERIES LLC, CANACCORD GENUITY LLC, WEDBUSH SECURITIES INC., BTIG, LLC
First sale
Jul 2020
Incorporated
Corporation, United Kingdom
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$44.5MraisedJul 2016 · 8 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Jan-Anders KarlssonExecutive Officer, Director
  • David EbsworthDirector
  • Patrick HumphreyDirector
  • Peter SpargoExecutive Officer
  • Ken CunninghamDirector
  • Kenneth NewmanExecutive Officer
  • Anders UllmanDirector
Offering amount
$44.5M
Amount sold
$44.5M
Minimum investment
$421K
Sales commissions
$2.9M
Placement agents
MTS SECURITIES, LLC
First sale
Jun 2016
Incorporated
Corporation, United Kingdom
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Verona Pharma do?
Verona Pharma develops treatments for chronic lung conditions. As of October 2025, it and its subsidiaries are part of Merck & Co., Inc.
Who are Verona Pharma's investors?
Verona Pharma's investors include Access Biotechnology, Aisling Capital, Andera Partners, Foresite Capital, Frazier Life Sciences, New Enterprise Associates (NEA), Sofinnova Partners, venBio Partners and 3 more.
How much funding has Verona Pharma raised?
Verona Pharma has disclosed $244.7M raised across 2 rounds.
Where is Verona Pharma headquartered?
Verona Pharma is headquartered in London.