Intarcia raises $210M to advance once-yearly diabetes drug

11/16/2012 | American City Business Journals · Mass High Tech (Boston)

Intarcia Therapeutics raised $210 million in a preferred stock sale and private debt placement. The company will use the proceeds to initiate late-stage trials of ITCA-650, an experimental type 2 diabetes drug intended to be administered once a year. Intarcia plans to submit the drug for approval in 2015.

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American City Business Journals · Mass High Tech (Boston)

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