Chiasma
Company

Last deal

$70M

Amount

Post-IPO Equity

Stage

01.07.2020

Date

3

all rounds

$371M

Total amount

date founded

Financing round

General

About Company
Chiasma is a biopharmaceutical company revolutionizing oral drug treatment for rare diseases.

Industry

Sector :

Subsector :

founded date

01.01.2001

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Utilizing their proprietary Transient Permeability Enhancer (TPE) technology, Chiasma develops oral drugs that were previously only available through injection. This breakthrough technology enables the delivery of macromolecules to the gastrointestinal (GI) wall and liver, expanding the potential for new indications and improved absorption. Chiasma's focus lies in enhancing the lives of patients with rare and serious chronic diseases, as demonstrated by the FDA approval of MYCAPSSA, the first and only oral somatostatin analog for long-term maintenance treatment in acromegaly patients. With a strong emphasis on commercialization in the US and seeking regulatory approval in the European Union, Chiasma aims to transform the treatment landscape for patients facing challenges with existing therapies.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

Amryt Pharma

announced date

05.05.2021

Financials

Funding Rounds
14
3

Number of Funding Rounds

$371M

Money Raised

Their latest funding was raised on 01.07.2020. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.07.2020
$70M
26.07.2019
$55M
08.04.2019
$34.5M
Co-Investors
Investors
13
3

Number of lead investors

13

Number of investors

Investor 
Lead 
Round 
Partners 
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Bard Geesaman

Bard Geesaman

Dr. Bard Geesaman serves as Managing Director at MPM Capital. Dr. Geesaman served on the Board of Directors at Chiasma. He serves as Board Member at Genascence. He previously served as Board Member at Maverick Therapeutics. He served as a Board Member at ProterixBio. He served as a Board Member of iOmx Therapeutics. He has been with MPM and associated portfolio companies since 2002. He has broad experience investing, operating, and facilitating business development globally, including in Japan, China, and Israel. Prior to joining MPM, he founded Catalyst Medical Solutions, a medical documentation and billing eHealth company in Boston where he served as the Chief Technology Officer through the company's acquisition. After Catalyst, he joined Centagenetix, an MPM-founded company exploring the genetics of successful aging. He received a B.S. in neuroscience from U.C. Berkeley followed by concurrent degrees from Harvard Medical School and M.I.T. with his Ph.D. work focused on systems and computational neurobiology. He finished his medical training by completing a three-year medical residency at Massachusetts General Hospital. [Source: Public Company Filing]

current job

MPM Capital
MPM Capital

organization founded

1

People

Employee Profiles
17
Gary Patou

Gary Patou

Head of Clinical

Asi Haviv

Asi Haviv

VP of Clinical Development

Shoshie Katz

Shoshie Katz

VP RA/QA

Raj Kannan

Raj Kannan

CEO & President

David Plante

Vice president, information technology

Robert Citron

Robert Citron

CFO

Anand Varadan

Anand Varadan

EVP, Chief Commercial Officer

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