Fractyl Health has filed with the U.S. Securities and Exchange Commission to raise $110,000,000.00 in an Initial Public Offering
According to filings with the U.S. Securities and Exchange Commission, Fractyl Health is raising $110,000,000.00 in new funding. About Fractyl Health: Fractyl Health is a leader in creating innovative therapies to address the root cause of type 2 diabetes. We were founded based on groundbreaking research and biological insights showing the key role of the intestine in metabolic control. Our therapies are uniquely designed to target and control this controller for the treatment of metabolic disease. Our lead program, Revita DMR, is a first-in-class procedural therapy that is now in late-stage clinical trials for the treatment of type 2 diabetes. Our team is made up of passionate innovators at the intersection of biology and technology, working to deliver better real-world outcomes for people with metabolic disease. Fractyl is located in Lexington, Mass.
To learn more about Fractyl Health, visit http://www.fractyl.com/
Contact:
Jay Caplan, President
781-902-8800
https://www.linkedin.com/in/jdcaplan/
SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.