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            Details:

            The new funding will advance Biolexis' development pipeline which includes a range of promising metabolic drug candidates, including MLX0800, oral small molecules for the treatment of obesity and type 2 diabetes.

            Lead Product(s): MLX0800

            Therapeutic Area: Nutrition and Weight Loss Product Name: MLX0800

            Highest Development Status: Preclinical Product Type: Small molecule

            Partner/Sponsor/Collaborator: Clarke Capital

            Deal Size: $10.0 million Upfront Cash: Undisclosed

            Deal Type: Series A Financing November 29, 2023

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            Details:

            MLX7000 is a oral small molecules, which is trageted as Glucagon-like peptide-1 receptor, which is investigated for the treatment of weight loss and type 2 diabetic.

            Lead Product(s): MLX7000

            Therapeutic Area: Nutrition and Weight Loss Product Name: MLX7000

            Highest Development Status: Preclinical Product Type: Small molecule

            Partner/Sponsor/Collaborator: Metabolexis

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable October 26, 2023

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