Tech Company Financing Transactions

Metabolex Funding Round

Metabolex, based in Newark, scored $27 million in investment from Bay City Capital, CLS and KBC Securities.

Transaction Overview

Company Name
Announced On
8/26/2003
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Undisclosed
Investors

Bay City Capital (Lead Investor) (Carl Goldfischer)

CLS

KBC Securities

Proceeds Purpose
In particular, it will allow us to complete Phase II studies of our novel insulin sensitizer, metaglidasen, as well as advance the development of additional compounds from our portfolio of potential drug candidates.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
7999 Gateway Blvd. 130
Newark, CA 94560
USA
Email Address
Overview
Metabolex, Inc. is a privately held pharmaceutical company dedicated to the discovery and development of drugs to treat diabetes and related metabolic disorders.
Profile
Metabolex LinkedIn Company Profile
Social Media
Metabolex Company Twitter Account
Company News
Metabolex News
Facebook
Metabolex on Facebook
YouTube
Metabolex on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Harold Wart
  Harold Wart LinkedIn Profile  Harold Wart Twitter Account  Harold Wart News  Harold Wart on Facebook
Chief Financial Officer
Sujal Shah
  Sujal Shah LinkedIn Profile  Sujal Shah Twitter Account  Sujal Shah News  Sujal Shah on Facebook
Chief Medical Officer
Pol Boudes
  Pol Boudes LinkedIn Profile  Pol Boudes Twitter Account  Pol Boudes News  Pol Boudes on Facebook
VP - Bus. Development
Patrick O'Mara
  Patrick  O'Mara LinkedIn Profile  Patrick  O'Mara Twitter Account  Patrick  O'Mara News  Patrick  O'Mara on Facebook
VP - R & D
Charles McWherter
  Charles McWherter LinkedIn Profile  Charles McWherter Twitter Account  Charles McWherter News  Charles McWherter on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/25/2003: Zilliant venture capital transaction
Next: 8/26/2003: Secure Software venture capital transaction

 

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