Verdiva Bio Limited raised $411M in a Series A funding led by Forbion and General Atlantic to develop innovative therapies for obesity and cardiometabolic disorders.
OrbimedGeneral AtlanticForbionRA Capital ManagementLYFE CapitalLilly Asia VenturesLogos Capital
Description
Verdiva Bio Limited announced its launch as a clinical-stage biopharmaceutical company with an oversubscribed Series A financing of $411M. The funding will be used to advance a portfolio of next-generation oral and injectable treatments aimed at addressing obesity and related disorders.
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Company Information
Company
Verdiva Bio
Location
London, England, United Kingdom
About
Verdiva Bio is committed to developing next-generation therapies to help people living with obesity, cardiometabolic disorders, and related complications achieve better outcomes via more patient-friendly therapeutic options. Verdiva’s most advanced therapy is VRB-101, an oral GLP-1 peptide in clinical development that has demonstrated best-in-class efficacy potential in a phase 1 study in Australia, which also confirmed the viability of once-weekly dosing. The Company is also developing a portfolio of amylin molecules, including oral and subcutaneous agonists, and other undisclosed programs that offer the potential for enhanced efficacy, improved tolerability, and healthier weight loss. The Verdiva team will harness the emerging science in gut-brain biology and leverage their history of successful drug development to advance novel therapeutic options aiming to transform the lives of millions living with obesity worldwide.
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LondonBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharma