Tech Company Financing Transactions
Intarcia Therapeutics Funding Round
Private investors participated in a $225 million funding round for Intarcia Therapeutics. The round was announced on 4/28/2015.
Transaction Overview
Company Name
Announced On
4/28/2015
Transaction Type
Debt
Amount
$225,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Plans are to use these funds to accelerate the initiation of additional head-to-head comparative and switch studies of ITCA 650 vs. leading oral and injectable type 2 diabetes therapies. In addition, proceeds from the financing will fund the expected infrastructure and talent required to launch ITCA 650 in the United States, and to advance the Company's recently in-licensed pipeline assets.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1 Marina Park Dr. 13 Floor
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Website
Email Address
Overview
Intarcia Therapeutics, Inc., is a rapidly emerging biopharmaceutical company committed to developing innovative therapies that merge medicine with technology, and have the potential to transform therapeutic categories.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 4/28/2015: TWELVE venture capital transaction
Next: 4/28/2015: Empathetics venture capital transaction
Share this article
News on VC Transactions
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs