Gelesis

About:

Gelesis is a biotechnology company developing first-in-class therapeutics to safely treat obese, overweight, and diabetic patients.

Website: http://www.gelesis.com

Twitter/X: gelesisinc

Top Investors: OrbiMed, Invesco, Cormorant Asset Management, PureTech Health, Salica

Description:

Gelesis is a clinical stage biotechnology company developing first-in-class therapeutics to safely treat obese, overweight, and diabetic patients. Gelesis100, our lead product, is an orally- administered smart pill which is constructed of materials that are General Recognized as Safe (GRAS) by the Food and Drug Administration (FDA). Each Gelesis100 capsule contains thousands of hydrogel particles approximately the size of a grain of salt that expand to 100 times their dry weight. The pill is designed to act mechanically in the stomach and small intestine to increase satiety and decrease hunger, resulting in reduced caloric intake and weight loss. Gelesis was founded in 2006 in Boston, Massachusetts

Total Funding Amount:

$313M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Boston, Massachusetts, United States

Founded Date:

2006-02-01

Contact Email:

info(AT)gelesis.com

Founders:

Eyal S. Ron, Yishai Zohar

Number of Employees:

101-250

Last Funding Date:

2022-01-14

IPO Status:

Public

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