Year
DEALS // DEV.
Country
Therapeutic Area
Study Phase
Deal Type
Product Type
Dosage Form
Lead Product
Target
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : F. Hoffmann-La Roche
Deal Size : $3,100.0 million
Deal Type : Acquisition
Carmot Therapeutics Announces Completion of Acquisition by Roche
Details : Roche will enhance its portfolio with Carmot’s GLP-1/GIP receptor agonists, including CT-388, CT-996, and CT-868, for metabolic diseases like obesity and diabetes.
Brand Name : CT-388
Molecule Type : Peptide
Upfront Cash : $2,700.0 million
January 29, 2024
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : F. Hoffmann-La Roche
Deal Size : $3,100.0 million
Deal Type : Acquisition
Lead Product(s) : CT-388
Therapeutic Area : Nutrition and Weight Loss
Study Phase : Phase I
Sponsor : F. Hoffmann-La Roche
Deal Size : $3,100.0 million
Deal Type : Acquisition
Carmot Therapeutics Enters into Definitive Merger Agreement with Roche
Details : Through the acquisition, Roche will build its portfolio by adding Carmot’s pipeline of GLP-1/GIP receptor agonist, including CT-388, CT-996 and CT-868 which are being evaluated for the treatment of metabolic diseases including obesity and diabetes.
Brand Name : CT-388
Molecule Type : Peptide
Upfront Cash : $2,700.0 million
December 04, 2023
Lead Product(s) : CT-388
Therapeutic Area : Nutrition and Weight Loss
Highest Development Status : Phase I
Sponsor : F. Hoffmann-La Roche
Deal Size : $3,100.0 million
Deal Type : Acquisition
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I/ Phase II
Sponsor : J.P. Morgan
Deal Size : Undisclosed
Deal Type : Public Offering
Obesity and Diabetes Biotech Carmot Therapeutics Files for IPO
Details : The net proceeds will be used to advance the clinical development of CT-388, a novel once-weekly dual GLP-1 and GIP receptor modulator, for the treatment of type-2 diabetes and obesity.
Brand Name : CT-388
Molecule Type : Peptide
Upfront Cash : Undisclosed
November 17, 2023
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I/ Phase II
Sponsor : J.P. Morgan
Deal Size : Undisclosed
Deal Type : Public Offering
Lead Product(s) : CT-868
Therapeutic Area : Endocrinology
Study Phase : Phase II
Sponsor : Not Applicable
Deal Size : Not Applicable
Deal Type : Not Applicable
Details : CT-868 is a once-daily subcutaneous injectable, dual GLP-1/GIP receptor agonist being developed as an adjunct to insulin for the treatment of people with type 1 diabetes (T1D) with overweight or obesity.
Brand Name : CT-868
Molecule Type : Peptide
Upfront Cash : Not Applicable
November 15, 2023
Lead Product(s) : CT-868
Therapeutic Area : Endocrinology
Highest Development Status : Phase II
Sponsor : Not Applicable
Deal Size : Not Applicable
Deal Type : Not Applicable
Lead Product(s) : CT-996
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : Not Applicable
Deal Size : Not Applicable
Deal Type : Not Applicable
Details : CT-996 is a once-daily oral, small molecule GLP-1 receptor agonist being developed for the treatment of obesity and type 2 diabetes (T2D). it was designed to exhibit signaling bias on the GLP-1 receptor, resulting in activation of cAMP.
Brand Name : CT-996
Molecule Type : Small molecule
Upfront Cash : Not Applicable
October 10, 2023
Lead Product(s) : CT-996
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : Not Applicable
Deal Size : Not Applicable
Deal Type : Not Applicable
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : Deep Track Capital
Deal Size : $150.0 million
Deal Type : Series E Financing
Details : The proceeds will be used to strengthen Carmot's portfolio of clinical and preclinical assets designed to modulate gut hormones that are central to energy homeostasis, including CT-388, a dual GLP-1/GIP receptor modulator for obese adults with and withou...
Brand Name : CT-388
Molecule Type : Peptide
Upfront Cash : Undisclosed
May 25, 2023
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : Deep Track Capital
Deal Size : $150.0 million
Deal Type : Series E Financing
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I
Recipient : Kimia Therapeutics
Deal Size : Undisclosed
Deal Type : Demerger
Carmot Therapeutics Launches Spin-Off, Kimia Therapeutics, to Focus on Metabolic Disease
Details : The spin-off enables Carmot to focus on clinical-stage candidates CT-388 and CT-868 (dual GLP-1/GIP receptor modulators), additional IND-stage programs including CT-996 (an oral, small molecule GLP-1 receptor agonist) and a long-acting PYY analogue.
Brand Name : CT-388
Molecule Type : Peptide
Upfront Cash : Undisclosed
January 05, 2023
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Recipient : Kimia Therapeutics
Deal Size : Undisclosed
Deal Type : Demerger
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : The Column Group
Deal Size : $160.0 million
Deal Type : Series D Financing
Details : The funding will support the phase 2 studies for CT-388, a dual modulator of the GLP-1 and GIP incretin receptors, phase 1 studies for CT-996, an oral small molecule GLP-1 receptor agonist, and phase 2 studies for CT-868, a first-inclass fully biased GLP...
Brand Name : CT-388
Molecule Type : Peptide
Upfront Cash : Undisclosed
July 26, 2022
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : The Column Group
Deal Size : $160.0 million
Deal Type : Series D Financing
Details : FDA recently approved LUMAKRAS for the treatment of adult patients with KRAS G12C-mutated locally advanced or metastatic non-small cell lung cancer (NSCLC), as determined by an FDA-approved test, who have received at least one prior systemic therapy.
Brand Name : Lumakras
Molecule Type : Small molecule
Upfront Cash : Undisclosed
June 29, 2021
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Study Phase : Phase I
Sponsor : Not Applicable
Deal Size : Not Applicable
Deal Type : Not Applicable
Details : CT-388 is a fully biased dual GLP-1 and GIP receptor modulator with a unique pharmacological profile optimized for improved tolerability at the GLP-1 receptor, anticipated to be dosed once-weekly.
Brand Name : CT-388
Molecule Type : Peptide
Upfront Cash : Not Applicable
June 24, 2021
Lead Product(s) : CT-388
Therapeutic Area : Endocrinology
Highest Development Status : Phase I
Sponsor : Not Applicable
Deal Size : Not Applicable
Deal Type : Not Applicable
LOOKING FOR A SUPPLIER?