Last deal

$63.5M

Amount

Series C

Stage

05.08.2024

Date

3

all rounds

$238.4M

Total amount

date founded

Financing round

General

About Company
MBX Biosciences creates therapies to treat rare endocrine diseases.

Industry

Sector :

Subsector :

Also Known As

MBX

founded date

01.01.2019

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Founded in 2018 and headquartered in Carmel, Indiana, MBX Biosciences is a preclinical-stage biotech company that focuses on developing first-in-class endocrine therapeutics to treat rare endocrine diseases where there is inadequate treatment available. The company's Precision Endocrine Peptides (PEPs™) are designed to overcome key limitations of native peptide therapeutics to deliver superior pharmacologic properties. MBX is advancing a pipeline of PEP candidates to address the unmet needs of people with endocrine disorders, with its lead product candidate, MBX 2109 for the treatment of hypoparathyroidism, currently in a Phase 1 clinical trial. The company is supported by leading life science investors including Frazier Life Sciences, New Enterprise Associates, and OrbiMed, and its leadership team has collaborated over several decades on the discovery, development, and commercialization of highly successful endocrine therapeutics including Forteo® and Humalog®.
Contacts

Contact Email

Phone number

Social url

Legal Names

Legal name

MBX Biosciences, Inc.
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People

Founders
3
P. Kent Hawryluk
P. Kent Hawryluk

P. Kent Hawryluk

Kent Hawryluk is a President & CEO at MBX Biosciences, Inc. He attended Princeton University.

current job

MBX Biosciences
MBX Biosciences

P. Kent Hawryluk

Tim Knickerbocker
Tim Knickerbocker

Tim Knickerbocker

Timothy Knickerbocker is an Indiana native and Purdue University alumnus, seasoned by professional employment in the Midwest and California. He has served in leadership roles in project management and operations pertaining to the life sciences. Mr. Knickerbocker is COO and one of our co-founders. Prior to his time at MBX, Mr. Knickerbocker successfully led teams in the building of some of the most technically advanced healthcare facilities in the country. He is currently complementing his operational duties at MBX with an Executive MBA education from the Anderson School of Management at UCLA.

current job

MBX Biosciences
MBX Biosciences

organization founded

1

Tim Knickerbocker

Kent Hawryluk
Kent Hawryluk

Kent Hawryluk

Kent Hawryluk has nearly 20 years’ experience as a life sciences entrepreneur, leader and investor. Mr. Hawryluk is President & CEO and one of our co-founders. Mr. Hawryluk was a Co-founder and Chief Business Officer of Avidity Biosciences, a genetic medicines company, from January 2013 to December 2019. Under his leadership, Avidity raised $130 million in equity financings and initiated a significant strategic partnership with Eli Lilly. Previously, he served as Co-founder and CEO of MB2, a clinical-stage company focused on diabetes and obesity, from May 2014 to March 2016. MB2 was acquired by Novo Nordisk in October 2015. Prior to MB2 and Avidity, Mr. Hawryluk co-founded Marcadia Biotech and served as its Chief Business Officer and Vice President, Business Development from January 2006 to April 2011. Marcadia, a pioneer in peptide multi-agonists of incretin receptors, was acquired by Roche in December 2010. Mr. Hawryluk served as a director of Gemphire Therapeutics, a public clinical-stage cardiovascular drug company, from February 2015 to February 2019. He has served as partner of Twilight Venture Partners, a private seed- and early-stage life science venture capital fund, since January 2003. Mr. Hawryluk holds a BA from Princeton University, an MBA from Kellogg School of Management at Northwestern University, and an MS, Biology from Purdue University.

current job

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MBX Biosciences

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1

Kent Hawryluk

Employee Profiles
6
Rick Bartram

Rick Bartram

Chief Financial Officer

P. Kent Hawryluk

P. Kent Hawryluk

President & CEO

Lisa Redman

Lisa Redman

Vice President, Finance

Greg Davis

Greg Davis

Vice President, Product Development

Tim Knickerbocker

Tim Knickerbocker

Chief Operating Officer

Kent Hawryluk

Kent Hawryluk

President & CEO

Activity

Recent News
3
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