Diabetes-drug developer raises $200M in private funding round

04/2/2014 | American City Business Journals

Intarcia Therapeutics said it has secured $200 million in a private equity funding round led by RA Capital. The Boston-based drugmaker is developing a once-a-year diabetes treatment called ITCA 650, a reformulation of AstraZeneca's glucagonlike peptide-1 agonist exenatide. The drug is in a late-stage trial.

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