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    French Biotech Company AdipoPharma Secures Series A Funding for Groundbreaking Diabetes Drug

    Details:

    AdipoPharma uses a novel approach to treating Type 2 diabetes. AdipoPharma’s drug, PATAS, treats insulin resistance, the root cause of Type 2 diabetes. PATAS has been designed while working on fat cells known as adipocytes.


    Lead Product(s): PATAS

    Therapeutic Area: Endocrinology Product Name: PATAS

    Highest Development Status: PreclinicalProduct Type: Peptide

    Partner/Sponsor/Collaborator: Newton Biocapital

    Deal Size: Undisclosed Upfront Cash: Undisclosed

    Deal Type: Series A Financing January 23, 2023

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