Sagimet Biosciences Inc.

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Sagimet Biosciences Inc. - overview

Established

2006

Location

San Mateo, CA, US

Primary Industry

Biotechnology

About

Based in California, US, and founded in 2006, Sagimet Biosciences Inc. is a clinical-stage pharmaceutical company that develops novel therapeutics for the treatment of oncology like breast cancer, astrocytoma, colon cancer, and other infectious diseases such as non-alcoholic steatohepatitis (NASH). The company was founded by Lucas Pelkmans and Urs Greber. In February 2021, Sagimet Biosciences Inc.


raised USD 80 million in venture funding from Altium Capital, Kleiner Perkins, and New Enterprise Associates. The company offers TVB-2640, which targets and synthesizes fatty acid synthase (FASN). It also offers antiviral therapeutics for the respiratory syncytial virus (RSV), cytomegalovirus (CMV), and other human pathogens. Sagimet Biosciences plans to advance its lead program, explore additional indications, and file an IND on a second FASN inhibitor, TVB-3567, by the end of 2021.


Current Investors

Kleiner Perkins, New Enterprise Associates, The Column Group

Primary Industry

Biotechnology

Sub Industries

Biopharmaceuticals, Oncology/Cancer Treatment, Pharmaceutical Research & Development

Website

www.sagimet.com

Verticals

HealthTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

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