Last deal

$150.M

Amount

Post-IPO Equity

Stage

11.09.2023

Date

17

all rounds

$970.5M

Total amount

General

About Company
CymaBay Therapeutics develops and commercializes new medicines for human diseases.

Industry

Sector :

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Also Known As

metabolex

founded date

01.01.1991

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The San Francisco-based biopharmaceutical company, CymaBay Therapeutics, focuses on developing breakthrough medicines for important human diseases. With a robust pipeline, their novel oral small molecule, arhalofenate, shows promise in reducing gout flares while simultaneously lowering uric acid levels. This unique dual-action profile sets it apart from other urate lowering therapies. CymaBay Therapeutics also specializes in the discovery and development of proprietary medicines for metabolic diseases, particularly type 2 diabetes. Their rich pipeline includes four clinical-stage compounds, including MBX-102/JNJ 39659100, which has recently completed a Phase 2/3 trial. Additionally, they are dedicated to providing innovative therapies for patients with liver and other chronic diseases, with seladelpar being developed for the treatment of primary biliary cholangitis.
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