89bio

About:

89Bio is a biopharmaceutical company building a pipeline of biologic and small molecule treatments for liver and metabolic disorders.

Website: https://www.89bio.com/

Top Investors: RA Capital Management, OrbiMed, Longitude Capital, K2 HealthVentures, Pontifax

Description:

89bio is a clinical-stage biopharmaceutical company focused on rapidly advancing their lead product candidate, BIO89-100, through clinical development for the treatment of non-alcoholic steatohepatitis (NASH). BIO89-100 is a specifically engineered glycoPEGylated analog of fibroblast growth factor 21 (FGF21). It may be a differentiated FGF21 therapy, and they believe it has the potential to become a mainstay of therapy for NASH given its ability to address the key liver pathologies (steatosis and fibrosis) and underlying metabolic dysregulation in patients with NASH. They are also expanding the breadth of indications for BIO89-100 with an initial focus on severe hypertriglyceridemia (SHTG).

Total Funding Amount:

$898M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

San Francisco, California, United States

Founded Date:

2018-01-01

Contact Email:

info(AT)89bio.com

Founders:

Michael Hayden

Number of Employees:

11-50

Last Funding Date:

2024-11-12

IPO Status:

Public

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