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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
Biotechnology, Pharmaceutical, Biopharma
1991
51-100
Headquarters locations
United States, North America
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N/A
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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
Funding Rounds
16
12
0
$854.2M
Details
5
CymaBay Therapeutics has raised a total of $854.2M in funding over 5 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2004 | Early Stage Venture | 44.0M | ||
2003 | Early Stage Venture | 27.0M | ||
2007 | Late Stage Venture | 32.0M | ||
2009 | Late Stage Venture | 8.6M |
Investors
CymaBay Therapeutics is funded by 25 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Biotech Turnaround Fund (BTF) | - | FUNDING ROUND - Biotech Turnaround Fund (BTF) | 27.0M |
CDP Capital Technology Ventures | - | FUNDING ROUND - CDP Capital Technology Ventures | 27.0M |
CymaBay Therapeutics | - | FUNDING ROUND - CymaBay Therapeutics | 27.0M |
Charter Venture Group | - | FUNDING ROUND - Charter Venture Group | 27.0M |
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