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Structure Therapeutics Extends Financing, Advances Diabetes And Obesity Clinical Program And Changes Name From Shouti

Structure Therapeutics Extends Financing, Advances Diabetes And Obesity Clinical Program And Changes Name From Shouti

08/01/22, 12:10 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Industry
biopharma
therapeutics
pharmaceutical
biotechnology
Structure Therapeutics Inc. (Structure Therapeutics), formerly known as ShouTi Inc., today announced it closed an oversubscribed $33 million financing round, extending its $100 million Series B financing, which was announced in October 2021. In addition, Structure Therapeutics has completed dosing in a single ascending dose (SAD) Phase 1 study of its lead type 2 diabetes and obesity program, GSBR-1290.

Company Info

Company
Structure Therapeutics
Location
601 gateway blvd, suite 900
san francisco, california, united states
Additional Info
Structure Therapeutics is a science-driven clinical-stage biopharmaceutical company focused on discovering and developing innovative oral small molecule treatments for chronic metabolic and cardiopulmonary conditions with significant unmet medical needs. Utilizing its next generation structure-based drug discovery platform, the Company has established a robust GPCR-targeted pipeline, featuring multiple wholly-owned proprietary clinical-stage small molecule compounds designed to surpass the scalability limitations of traditional biologic and peptide therapies and be accessible to more patients around the world.

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