Tech Company Financing Transactions

Crinetics Pharmaceuticals Funding Round

Perceptive Advisors, 5AM Ventures and OrbiMed participated in a $63.5 million Series B funding round for Crinetics Pharmaceuticals. The round was announced by the company on 3/15/2018.

Transaction Overview

Announced On
3/15/2018
Transaction Type
Venture Equity
Amount
$63,500,000
Round
Series B
Investors
Proceeds Purpose
Crinetics Pharmaceuticals plans to use the proceeds to fund the continuing development of CRN00808, an oral nonpeptide somatostatin agonist for the potential treatment of acromegaly, to develop additional new targeted therapeutics for endocrine disorders and endocrine related cancers, and for general corporate purposes.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
10222 Barnes Canyon Rd. Building #2
San Diego, CA 92121
USA
Email Address
Overview
Crinetics Pharmaceuticals (Nasdaq: CRNX) discovers and develops novel therapeutics targeting peptide hormone receptors for the treatment of endocrine-related diseases and cancers.
Profile
Crinetics Pharmaceuticals LinkedIn Company Profile
Social Media
Crinetics Pharmaceuticals Company Twitter Account
Company News
Crinetics Pharmaceuticals News
Facebook
Crinetics Pharmaceuticals on Facebook
YouTube
Crinetics Pharmaceuticals on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Scott Struthers
  Scott Struthers LinkedIn Profile  Scott Struthers Twitter Account  Scott Struthers News  Scott Struthers on Facebook
Chief Financial Officer
Marc Wilson
  Marc Wilson LinkedIn Profile  Marc Wilson Twitter Account  Marc Wilson News  Marc Wilson on Facebook
Vice President
Stephen Betz
  Stephen Betz LinkedIn Profile  Stephen Betz Twitter Account  Stephen Betz News  Stephen Betz on Facebook
Vice President
Yun-Fei Zhu
  Yun-Fei Zhu LinkedIn Profile  Yun-Fei Zhu Twitter Account  Yun-Fei Zhu News  Yun-Fei Zhu on Facebook
VP - Bus. Development
Ajay Madan
  Ajay Madan LinkedIn Profile  Ajay Madan Twitter Account  Ajay Madan News  Ajay Madan on Facebook


 

 

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About Our VC Transactions Data

We record all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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