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
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
Newark, CA 94560
USA
Phone
Website
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.
Management Team
Title
Name
Email & Social
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