Last deal

$600M

Amount

Post-IPO Equity

Stage

18.03.2024

Date

8

all rounds

$1.6B

Total amount

General

About Company
Madrigal Pharmaceuticals develops therapeutics for metabolic and fatty liver diseases.

Industry

Sector :

Subsector :

Keywords :

Also Known As

VIA Pharmaceuticals

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The clinical-stage biopharmaceutical company is developing novel small-molecule drugs for cardiovascular and metabolic diseases, including diabetes, dyslipidemia, and cardiovascular disease. Their product portfolio includes MGL-3196, an orally administered, small-molecule liver-directed B-selective THR agonist, which is used for the treatment of non-alcoholic steatohepatitis and familial hypercholesterolemia. Madrigal’s lead candidate, resmetirom, is a once daily, oral, thyroid hormone receptor (THR)-β selective agonist that is designed to target key underlying causes of NASH in the liver.