Carmot Therapeutics announced it raised $150 Million in an initial filing from an offering of $150 Million
Carmot Therapeutics announced it raised $150 Million in an initial filing from an offering of $150 Million
06/06/23, 5:32 PM
Location
Money raised
$150 million
Industry
biotechnology
Company Info
Location
740 heinz avenue
berkeley, california, united states
Additional Info
Carmot Therapeutics is a clinical-stage biotechnology company that is focused on the discovery and development of disease-modifying therapies for people living with metabolic diseases including obesity and diabetes. We are utilizing Chemotype Evolution, a pioneering drug discovery platform, to identify novel incretin receptor signaling targets to develop a broad pipeline of therapeutics that have the potential to produce significant weight loss and improved glycemic control. We have three clinical candidates: CT-388, CT-868 and CT-996.