Glyscend
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$230k | Grant | ||
$500k | Grant | ||
$1.2m | Grant | ||
N/A | N/A | Seed | |
$20.5m | Series A | ||
Total Funding | $22.4m |
Recent News about Glyscend
EditGlyscend Therapeutics is a clinical-stage biopharmaceutical company focused on developing innovative oral therapies for the treatment of Type 2 Diabetes and obesity. The company operates in the healthcare and pharmaceutical market, targeting patients who are diabetic, overweight, or obese. Glyscend's core product, GLY-200, is designed to mimic the effects of bariatric surgery without the need for invasive procedures. This novel approach aims to provide the metabolic benefits of gastric bypass surgery through an oral pill, making it a less risky and more accessible option for patients. Glyscend generates revenue through the development and potential commercialization of its proprietary therapies, supported by venture capital funding. The company is currently in the clinical trial phase, with its lead candidate, GLY-200, undergoing Phase 2 trials.
Keywords: biopharmaceutical, Type 2 Diabetes, obesity, oral therapies, bariatric surgery, GLY-200, clinical trials, metabolic benefits, venture-backed, non-invasive.