Intarcia Therapeutics is an American
biopharmaceutical company based in
Boston, MA and incorporated under the laws of
Delaware.
[ It was founded in 1995 under the name "BioMedicines" and changed to its present name in 2004.][ In 2013, Intarcia relocated its headquarters to Boston, keeping its manufacturing facility in Hayward, CA. In addition to Boston and Hayward, Intarcia also has a location in Research Triangle Park, North Carolina, where it discovers and develops peptides for its drug delivery system.][ By 2012, Kurt Graves had replaced Karling Leung as President and CEO.][ Kurt Graves has been with Intarcia since August 2010, first serving as Executive Chairman before becoming President and CEO in April 2012.
, Intarcia is engaged in development of a "potential once-a-year type 2 diabetes treatment". Referred to as ITCA 650, the therapeutic consists of exenatide delivered via its Medici Drug Delivery System,][ "a drug delivery platform that stabilizes and delivers therapeutic proteins and peptides".][ The drug was rejected for FDA approval in 2017 and 2020.
]
Investors
In November 2012, Intarcia received $210M in preferred stock and debt financing from, The Baupost Group, Farallon Capital Management, New Enterprise Associates, New Leaf Venture Partners and Venrock Associates. Other Investors include Greenspring Associates
Greenspring Associates was a venture capital firm that invested primarily in the information technology, biotechnology, healthcare and telecommunications sectors. The firm was based in Owings Mills, Maryland and maintained offices in Palo Alto, C ...
, Alta Partners
Alta Partners is a venture capital firm based in San Francisco which invests primarily in biotechnology and life science companies.
History
The company was founded in 1996 by Dr. Jean Deleage, Ph.D., who was also a founder of the venture capi ...
and Granite Venture Partners.
In April 2014, Intarcia secured an additional $200M in financing. RA Capital led the round and was joined by new and existing investors.
Notes
External links
Official website
1995 establishments in California
Health care companies based in Massachusetts
Pharmaceutical companies of the United States
Companies based in Boston
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