
Helicore Biopharma
Biopharmaceutical solutions focused on discovering and developing weight-loss therapeutics.
Date | Investors | Amount | Round |
---|---|---|---|
* | $65.0m | Series A | |
Total Funding | 000k |
Related Content
Helicore Biopharma, Inc. is a biopharmaceutical company at the forefront of developing novel weight loss therapeutics. The company is focused on the discovery and advancement of innovative treatments for obesity, primarily through its lead candidate, HCR 188. This first-in-class biologic GIP antagonist offers a differentiated mechanism of action, targeting the elevation of nutrient-stimulated glucose-dependent insulinotropic polypeptide (GIP) levels. By directly binding to the hormone, HCR 188 functionally neutralizes active GIP in circulation, aiming to reverse the physiological underpinnings of obesity. Helicore's approach seeks to mitigate the chronic effects of dysregulated GIP signaling, which can lead to glucose intolerance and insulin resistance, ultimately driving obesity. The company operates in the biopharmaceutical market, serving healthcare providers and patients seeking effective weight loss solutions. Helicore's business model involves advancing its therapeutic candidates through clinical trials, with plans to enter the clinic by early 2025. Revenue generation is anticipated through successful commercialization of its therapies post-clinical validation. The company recently secured $65 million in Series A financing, underscoring investor confidence in its potential to address significant unmet needs in obesity treatment.
Keywords: biopharmaceutical, obesity, weight loss, therapeutics, GIP antagonist, HCR 188, clinical trials, insulin resistance, metabolic health, financing.