DIA Biosimilars 2013

Elcelyx Therapeutics

Elcelyx Therapeutics spins out NaZura BioHealth

Wednesday, September 4, 2013 03:47 PM

Elcelyx Therapeutics has established NaZura BioHealth, a separate company focusing on development of Gut Sensory Modulators (GSM) including lead product Lovidia, a dietary supplement for weight management. Elcelyx retains pharmaceutical product candidate NewMet, the company’s proprietary delayed-release formulation of metformin for the treatment of patients with type 2 diabetes. Elcelyx has funded NaZura with a credit line of $5 million, which will be used for clinical development of Lovidia and pre-commercial activities.

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Cenduit: Now with Patient Reminders

Elcelyx extends Series B financing for weight loss and diabetes

Monday, August 13, 2012 02:51 PM

Elcelyx Therapeutics, a San Diego-based biotechnology company, has secured $4 million of a $7 million extension of its Series B private equity financing. Existing investors Morgenthaler Ventures, Kleiner Perkins Caufield & Byers and Technology Partners all participated in the extension.

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Novartis-Walgreens pilot study blurring the line between retail pharmacy, investigative site

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New growth and decline in Asia clinical trials
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Sponsors look to collaborate on comparator drugs
Co-therapies, comparators are in 60% of studies, cost $25m per company a year

Early adopters implement risk-based monitoring pilot programs
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