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Gelesis

From Wikipedia, the free encyclopedia
American biotechnology company
Gelesis
TypePrivate
NYSE:GLS
IndustryHealthcare, Biotechnology
Founded2006
Headquarters
Key people
John LaMattina, PhD – Chairman, Yishai Zohar - CEO and Founder, David Pass, PharmD – Chief Operating Officer
Websitewww.gelesis.com

Gelesis is a biotechnology company located in Boston, Massachusetts that developed the weight loss device Gelesis100 (Plenity) for use in overweight and obesity. The company produces Gelesis100, which is a superabsorbent hydrogel capsule that expands in the stomach, creating a feeling of fullness, helping people reduce the amount of food they eat.[1] [2] The company was founded in 2006 to develop medical devices and treatments for obesity.[3]

Gelesis Holdings, Inc. together with its two affiliates, filed for voluntary Chapter 7 liquidation in the United States Bankruptcy Court for the District of Delaware on October 30, 2023. The debtor listed its assets among the 50 and the 100ドル million and liabilities of 44ドル.34 million. The Debtor is represented by Kenneth Listwak of Troutman Pepper Hamilton Sanders LLP as counsel.

History

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Gelesis was founded by PureTech Ventures, a life sciences venture firm based in Boston,[3] [1] and ExoTech Bio, an Israel-based research and development company.[4] The company operates as an affiliate of PureTech Health.[5] [6] Former PureTech Ventures partner Yishai Zohar co-founded the company and served as CEO.[4]

The company's technology was co-invented by Alessandro Sannino, a professor of engineering at the University of Salento, who had been researching the idea prior to the launch of Gelesis.[1]

In January 2008, the company raised 16ドル million in its first financing round, led by OrbiMed Advisors and Queensland BioCapital Funds.[4]

In 2010, the company passed the first human trials of its treatment.[1] [7] The company’s product was originally called Attiva, but was later renamed Gelesis100.[8]

In 2014, Gelesis raised 12ドル million in its fifth funding round, bringing its total funding to 42ドル million.[9] [10]

In March 2015, the company closed a 22ドル million funding round.[11] In April 2015, the company announced an initial public offering (IPO) for 60ドル million,[12] but pulled out later that year.[13] [14] In December 2015, Gelesis raised 31ドル.5 million shortly after cancelling its IPO.[15] [14]

In 2018, Gelesis raised 30ドル million in preparation for regulatory submissions in the U.S. and Europe and initial marketing of Gelesis100.[16] [17]

In January 2022, the company completed a business combination with Capstar Special Purpose Acquisition Corp. and commenced trading on the New York Stock Exchange under the ticker symbol "GLS."[18]

References

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  1. 1 2 3 4 Timmerman, Luke (April 22, 2010). "Obesity Capsule From Gelesis, Made to Swell Up in the Stomach, Passes First Human Trial". Xconomy.
  2. Pollack, Andrew (23 June 2014). "Early Results Arrive on Weight-Loss Pills That Expand in the Stomach". The New York Times. Retrieved 2018年09月28日.
  3. 1 2 "Gelesis raises 12ドル million for pill that staves off hunger". BetaBoston.com. May 16, 2014.
  4. 1 2 3 "Xconomy: Obesity Startup Gelesis Gobbles Up 16ドルM in Financing". Xconomy. 2008年01月03日. Retrieved 2018年09月28日.
  5. Letter, The Pharma. "Gelesis raises 30ドル million to fund novel weight loss therapy". www.thepharmaletter.com. Retrieved 2018年09月28日.
  6. Reuters Editorial. "PureTech's Gelesis says obesity drug achieved weight loss in study". U.S. Retrieved 2018年09月28日. {{cite news}}: |author= has generic name (help)
  7. "Anti-Obesity Pill Swells in Your Stomach, Making You Full Before You Even Start Eating". Popular Science. Retrieved 2018年09月28日.
  8. "Hydrogel 'smart pill' shows promise as weight loss aid". Medical News Today. Retrieved 2018年09月28日.
  9. "The Daily Startup: Medtronic Spinout Raises 40ドルM to Treat Sleep Apnea". WSJ.com. May 16, 2014.
  10. "Xconomy: Gelesis Resurfaces With 12ドルM, Preps First Weight Loss Data". Xconomy. 2014年05月16日. Retrieved 2018年09月27日.
  11. "Boston weight-loss biotech Gelesis raises 22ドルM". www.bizjournals.com. Retrieved 2018年09月28日.
  12. "Term Sheet -- Thursday, April 2". Fortune. Retrieved 2018年09月28日.
  13. "Company with obesity treatment raises 31ドル.5M on heels of withdrawn IPO". www.bizjournals.com. Retrieved 2018年09月28日.
  14. 1 2 "Gelesis drops IPO, raises 31ドル.5M for pivotal U.S. trial of hydrogel weight-loss capsule | FierceBiotech". www.fiercebiotech.com. Retrieved 2018年09月28日.
  15. "Xconomy: Months After Postponed IPO, Gelesis Nabs 31ドル.5M And a New Investor". Xconomy. 2015年12月18日. Retrieved 2018年09月28日.
  16. Herper, Matthew. "In Two Months, Biotech Startups Raised More Money Than In All Of 2013". Forbes. Retrieved 2018年03月05日.
  17. "Gelesis raises 30ドルM to gear up for weight loss launch | FierceBiotech". www.fiercebiotech.com. Retrieved 2018年03月05日.
  18. "Gelesis®, the Maker of Plenity® for Weight Management, Will Debut as a Publicly Traded Company Following the Closing of Its Business Combination with Capstar". ir.gelesis.com. Retrieved 2022年01月18日.
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