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Ocelot Bio Closes $36 Million Series A Financing, Appoints Katherine Vega Stultz As President And Chief Executive Officer

Mar 23, 2022•over 3 years ago

Amount Raised

$36 Million

Round Type

series a

San DiegoBiotechnologyHealth Care

Description

Ocelot Bio, Inc., a clinical-stage biopharmaceutical company focused on the development of innovative therapeutics to treat complications of end-stage liver disease (ESLD), today announced the close of a $36 million Series A financing led by RA Capital Management, Venrock and Vivo Capital and the appointment of Katherine Vega Stultz, an experienced pharmaceutical and biotech executive, as president and chief executive officer. Ocelot Bio recently received clearance from the U.S. Food & Drug Administration (FDA) for its Investigational New Drug (IND) application and will initiate a Phase 2 trial with lead candidate OCE-205 for the treatment of hepatorenal syndrome with acute kidney injury (HRS-AKI).

Company Information

Company

Ocelot Bio

Location

San Diego, California, United States

About

Ocelot Bio is a clinical-stage biopharmaceutical company focused on the development of innovative therapeutics designed to significantly improve outcomes for patients with liver disease. The company’s lead clinical candidate, OCE-205, is a therapeutic peptide with a mechanism of action designed to selectively address portal hypertension induced complications of end-stage liver disease (ESLD). These complications include hepatorenal syndrome with acute kidney injury (HRS-AKI) and ascites, both of which may lead to serious and life-threatening outcomes. Ocelot Bio has initiated a Phase 2 clinical trial of OCE-205 in HRS-AKI, and the U.S. Food & Drug Administration (FDA) has granted OCE-205 Orphan Drug Designation in the treatment of hepatorenal syndrome. The company was founded by leading experts in therapeutic peptide development and is backed by a strong syndicate of investors including Venrock, RA Capital Management and Vivo Capital. For more information, visit www.ocelotbio.com.

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