Resalis Therapeutics secured a strategic equity investment from Sanofi to accelerate the development of its lead candidate, RES-010, through a Phase 2 clinical trial.
Oct 28, 2024•about 1 year ago
Investors
Sanofi
Description
Resalis Therapeutics announced a strategic equity investment from Sanofi to fast-track the development of RES-010, aimed at obesity treatment. This investment validates their approach and supports advancements towards clinical trials offering potential transformative treatments for obesity.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers