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Calosyn Pharma logo

Calosyn Pharma

Operating

CALOSYN PHARMA, INC.

Biotech · Sharon, MA

Calosyn Pharma is a pre-revenue company developing a long-acting, sustained-release injection for osteoarthritis (OA) using a mechanism with clinical-stage validation and IP protection.

Valuation cap ⓘ
$25.0M
As of Feb 2026 · from Reg CF Offering (2025) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$3,049,980
Crowd $127K · Private $2.9M · 4 rounds since 2009

Financials

FY2023–FY2024 · from SEC filings · hover any figure for its source
$0
−$768K
2023
$0
−$638K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2023 reviewed
FY2024 reviewed
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
-$767,511
-$637,680
Taxes paid
$0
$0
Balance sheet
Cash
$136,426
$147,320
Accounts receivable
$0
$0
Total assets
$154,570
$164,279
Short-term debt
$348,029
$436,182
Long-term debt
$1,817,403
$2,363,247
Total liabilities
$2,165,432
$2,799,429
Other
Headcount
—
3

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$25.0M
Valuation cap
Reg CF · Note · Sep 2025

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Share counts as of Dec 31, 2024
ClassOutstandingVotes / shareShare of totalLast price
Common Stock5,446,409—100.0%—

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $126.9K / $1.2MInvestors 18Valuation cap $25M
Raised $750KInvestors 7
Raised $309.7KInvestors 3
Raised $1.9MInvestors 5

Team

7 people
David D. WaddellFounder
Board Member, Founder, and Chief Medical Officer

Orthopedic surgeon with 40+ years of experience and over 16,000 joint replacements. Published OA research and leads Musculoskeletal Research LLC.

Reid Grimes
CEO, Board Member

PhD in drug delivery systems, founder of Sciebus Consulting, and MBA with a focus on pharmaceutical entrepreneurship. In addition to working over 80 hours per week for Calosyn, he also works one to two hours per month as the Owner of Sciebus Consulting LLC and as Board Treasurer for Advanced Air Mobility Institute.

Rick Babb
Chief Financial Officer, Board Observer and Treasurer

20+ years in life sciences venture finance, former CFO of Medical Science Partners, and ex-manager at Ernst & Young.

Richard Babb
Chief Financial Officer, Board Observer and Treasurer
Dr. Paul Goldenheim
Strategic Advisor

Harvard-trained physician with leadership roles in multiple biotech firms; expert in FDA strategy.

Joe Lovett
Board Member

Joseph F. Lovett has been in the life sciences industry since 1970 with three corporations (CR Bard, Mallinckrodt & Damon Biotech. Since 1988, Mr. Lovett has been in the venture Capital business with three venture capital funds (Medical Science Partners I-III with Harvard as an affiliate) and Louisiana Funds I&II with the LSU Research, Technology & Science Foundation as an affiliate).

Ross Pryor Barrett
Board Member

Board member since August 2025. Founding investor and managing partner at Cancer Focus Fund, a venture capital firm investing in oncology and life sciences.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 1 annual reports (FY2025)

Missing: 2025

18 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UMar 2, 20260001429819-26-000001
    EDGAR
  • Form C/ADec 19, 20250001429819-25-000007
    EDGAR
  • Form CSep 30, 20250001429819-25-000003
    EDGAR
  • Form DMar 7, 20240001429819-24-000004
    EDGAR
  • Form DFeb 29, 20120001429819-12-000002
    EDGAR
  • Form D/AApr 13, 20100001429819-10-000001
    EDGAR
  • Form DApr 13, 20090001429819-09-000003
    EDGAR
Source: SEC EDGARCIK 0001429819DELast synced Aug 17, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.