Suvarna Garge (Editor)

Intarcia Therapeutics

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Products
  
(none as of 2012)

Founded
  
1995

Website
  
www.intarcia.com

Type
  
Privately held company

Intarcia Therapeutics wwwintarciacomimageslogojpg

Industry
  
pharmaceutical industry

Key people
  
Kurt C. Graves (Chairman/President/CEO) James M. Ahlers (Principal Finance and Accounting Officer) Michelle A. Baron M.D. (Chief Medical Officer)

CEO
  
Kurt C. Graves (Apr 2012–)

Headquarters
  
Boston, Massachusetts, United States

Intarcia therapeutics ceo disrupting diabetes mad money cnbc


Intarcia Therapeutics is an American pharmaceutical company based in Hayward, California and incorporated under the laws of Delaware. It was founded in 1995 under the name "BioMedicines" and changed to its present name in 2004. In April 2012, the company announced its intention to relocate its headquarters to the Boston-area.

Contents

In 2005, the executive leadership of Intarcia was largely vested in two people, Karling Leung and James Ahlers, President/CEO/Director and Vice President/CFO/Finance & Operations Officer, respectively. By 2012, Kurt Graves had replaced Karling Leung as President and CEO.

As of 2012, Intarcia is engaged in development of a "potential once-a-year type 2 diabetes treatment". Referred to as ITCA-650, the therapeutic consists of exenatide delivered via its DUROS system, "a drug delivery platform that stabilizes and delivers therapeutic proteins and peptides".

Intarcia therapeutics ceo holy grail of disease treatment mad money cnbc


Investors

In November 2012, Intarcia received $210M in preferred stock and debt financing from, The Baupost Group, Farallon Capital Management, New Enterprise Associates, New Leaf Venture Partners and Venrock Associates. Other Investors include Greenspring Associates , Alta Partners and Granite Venture Partners.

References

Intarcia Therapeutics Wikipedia