CymaBay Therapeutics

CymaBay Therapeutics

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Overview

CymaBay Therapeutics is a clinical-stage biopharmaceutical company located in the San Francisco Bay Area focused on the development and commercialization of proprietary new medicines for important human diseases. We are committed to developing breakthrough medicines that improve the lives of patients and their families. CymaBay was seeded with the assets from an earlier metabolic disease company in which more than $120M was invested to produce a robust pipeline.

Arhalofenate is a novel oral small molecule being developed to treat the approximately 1 million gout patients that flare three or more times per year. Gout flares are painful inflammatory episodes caused by crystals of monosodium urate (MSU) that result from excess serum uric acid (sUA). In three Phase 2 studies in gout patients arhalofenate was shown to reduce the incidence and duration of flares while simultaneously lowering sUA. If confirmed in additional clinical studies, arhalofenate’s dual acting profile would be unique since all other urate lowering therapies paradoxically increase flares as they lower sUA over the first 6 to 12 months of treatment. Increased flares lead many patients to stop or avoid treatment leading to progression of disease with pain and suffering, erosion of joint structure and functionality, lost time from work, and increased healthcare costs.

About

Industries

Biotechnology, Pharmaceutical, Biopharma

Founded

1991

Employees

51-100

Headquarters locations

United States, North America

Social

N/A

Profile Resume

CymaBay Therapeutics headquartered in United States, North America, operates in the Biotechnology, Pharmaceutical, Biopharma sector. The company focuses on Biotechnology and has secured $164.0B in funding across 192 round(s). With a team of 51-100 employees, CymaBay Therapeutics is actively contributing to advancements in Biotechnology. Their latest funding round, Series E - CymaBay Therapeutics, raised $8.6M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Klara Dickinson

Klara Dickinson

Chief Regulatory and Compliance Officer

imagePlace Charles A. McWherter

Charles A. McWherter

Chief Scientific Officer and President of Research and Development

imagePlace Mary Standen

Mary Standen

Head of Medical Affairs and Vice President

imagePlace Sujal Shah

Sujal Shah

Founder, President and Chief Executive Officer

imagePlace Ben Kozub

Ben Kozub

Vice President and Franchise Lead

Funding Rounds

Funding rounds

16

Investors

12

Lead Investors

0

Total Funding Amount

$854.2M

Details

5

CymaBay Therapeutics has raised a total of $854.2M in funding over 5 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2004Early Stage Venture44.0M
2003Early Stage Venture27.0M
2007Late Stage Venture32.0M
2009Late Stage Venture8.6M

Investors

CymaBay Therapeutics is funded by 25 investors.

Investor NameLead InvestorFunding RoundPartners
Biotech Turnaround Fund (BTF)-FUNDING ROUND - Biotech Turnaround Fund (BTF)27.0M
CDP Capital Technology Ventures-FUNDING ROUND - CDP Capital Technology Ventures27.0M
CymaBay Therapeutics-FUNDING ROUND - CymaBay Therapeutics27.0M
Charter Venture Group-FUNDING ROUND - Charter Venture Group27.0M

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