Year
DEALS // DEV.
Country
Therapeutic Area
Study Phase
Deal Type
Product Type
Dosage Form
Lead Product
Target
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : F. Hoffmann-La Roche
Deal Size : $3,100.0 million
Deal Type : Acquisition
Carmot Therapeutics Announces Completion of Acquisition by Roche
Details : Roche will enhance its portfolio with Carmot’s GLP-1/GIP receptor agonists, including CT-388, CT-996, and CT-868, for metabolic diseases like obesity and diabetes.
Product Name : CT-388
Product Type : Peptide
Upfront Cash : $2,700.0 million
January 29, 2024
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : F. Hoffmann-La Roche
Deal Size : $3,100.0 million
Deal Type : Acquisition
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I/ Phase II
Sponsor : J.P. Morgan
Deal Size : Undisclosed
Deal Type : Public Offering
Obesity and Diabetes Biotech Carmot Therapeutics Files for IPO
Details : The net proceeds will be used to advance the clinical development of CT-388, a novel once-weekly dual GLP-1 and GIP receptor modulator, for the treatment of type-2 diabetes and obesity.
Product Name : CT-388
Product Type : Peptide
Upfront Cash : Undisclosed
November 17, 2023
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I/ Phase II
Sponsor : J.P. Morgan
Deal Size : Undisclosed
Deal Type : Public Offering
Lead Product(s) : CT-868
Therapeutic Area : Endocrinology
Study Phase : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Details : CT-868 is a once-daily subcutaneous injectable, dual GLP-1/GIP receptor agonist being developed as an adjunct to insulin for the treatment of people with type 1 diabetes (T1D) with overweight or obesity.
Product Name : CT-868
Product Type : Peptide
Upfront Cash : Inapplicable
November 15, 2023
Lead Product(s) : CT-868
Therapeutic Area : Endocrinology
Highest Development Status : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Lead Product(s) : CT-996
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Details : CT-996 is a once-daily oral, small molecule GLP-1 receptor agonist being developed for the treatment of obesity and type 2 diabetes (T2D). it was designed to exhibit signaling bias on the GLP-1 receptor, resulting in activation of cAMP.
Product Name : CT-996
Product Type : Other Small Molecule
Upfront Cash : Inapplicable
October 10, 2023
Lead Product(s) : CT-996
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : Deep Track Capital
Deal Size : $150.0 million
Deal Type : Series E Financing
Details : The proceeds will be used to strengthen Carmot's portfolio of clinical and preclinical assets designed to modulate gut hormones that are central to energy homeostasis, including CT-388, a dual GLP-1/GIP receptor modulator for obese adults with and withou...
Product Name : CT-388
Product Type : Peptide
Upfront Cash : Undisclosed
May 25, 2023
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : Deep Track Capital
Deal Size : $150.0 million
Deal Type : Series E Financing
Lead Product(s) : CT-388
Therapeutic Area : Nutrition and Weight Loss
Study Phase : Phase I
Sponsor : F. Hoffmann-La Roche
Deal Size : $3,100.0 million
Deal Type : Acquisition
Carmot Therapeutics Enters into Definitive Merger Agreement with Roche
Details : Through the acquisition, Roche will build its portfolio by adding Carmot’s pipeline of GLP-1/GIP receptor agonist, including CT-388, CT-996 and CT-868 which are being evaluated for the treatment of metabolic diseases including obesity and diabetes.
Product Name : CT-388
Product Type : Peptide
Upfront Cash : $2,700.0 million
April 12, 2023
Lead Product(s) : CT-388
Therapeutic Area : Nutrition and Weight Loss
Highest Development Status : Phase I
Sponsor : F. Hoffmann-La Roche
Deal Size : $3,100.0 million
Deal Type : Acquisition
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : The Column Group
Deal Size : $160.0 million
Deal Type : Series D Financing
Details : The funding will support the phase 2 studies for CT-388, a dual modulator of the GLP-1 and GIP incretin receptors, phase 1 studies for CT-996, an oral small molecule GLP-1 receptor agonist, and phase 2 studies for CT-868, a first-inclass fully biased GLP...
Product Name : CT-388
Product Type : Peptide
Upfront Cash : Undisclosed
July 26, 2022
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : The Column Group
Deal Size : $160.0 million
Deal Type : Series D Financing
Lead Product(s) : Sotorasib
Therapeutic Area : Oncology
Study Phase : Approved FDF
Sponsor : Amgen Inc
Deal Size : $240.0 million
Deal Type : Collaboration
Details : FDA recently approved LUMAKRAS for the treatment of adult patients with KRAS G12C-mutated locally advanced or metastatic non-small cell lung cancer (NSCLC), as determined by an FDA-approved test, who have received at least one prior systemic therapy.
Product Name : Lumakras
Product Type : Other Small Molecule
Upfront Cash : Undisclosed
June 29, 2021
Lead Product(s) : Sotorasib
Therapeutic Area : Oncology
Highest Development Status : Approved FDF
Sponsor : Amgen Inc
Deal Size : $240.0 million
Deal Type : Collaboration
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Details : CT-388 is a fully biased dual GLP-1 and GIP receptor modulator with a unique pharmacological profile optimized for improved tolerability at the GLP-1 receptor, anticipated to be dosed once-weekly.
Product Name : CT-388
Product Type : Peptide
Upfront Cash : Inapplicable
June 24, 2021
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Lead Product(s) : CT-868
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : Amgen Inc
Deal Size : $47.0 million
Deal Type : Series C Financing
Details : The funding will support initiation early in 2021 of a 26-week dose ranging phase 2 study for CT-868 and phase 1-2 studies for CT-388 and involve more than 300 patients.
Product Name : CT-868
Product Type : Peptide
Upfront Cash : Undisclosed
September 30, 2020
Lead Product(s) : CT-868
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : Amgen Inc
Deal Size : $47.0 million
Deal Type : Series C Financing