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AdipoPharma Secures Funding for Phase 1 Clinical Trials of Novel Type 2 Diabetes Drug

  • AdipoPharma has secured funding to initiate Phase 1 clinical trials for PATAS, a first-in-class compound targeting insulin resistance, the root cause of Type 2 diabetes.
  • The funding will enable AdipoPharma to accelerate the clinical development of PATAS, with trials slated to begin in the U.S. in mid-2025.
  • PATAS is designed to restore glucose uptake and utilization in impaired adipocytes, addressing complications of Type 2 diabetes, including neuropathy and cardiovascular dysfunction.
  • Global investors, including Newton Biocapital and Good Growth Capital, are supporting AdipoPharma's mission to deliver a groundbreaking treatment for Type 2 diabetes.
AdipoPharma, a French biotech company, has announced that it has secured funding to begin Phase 1 clinical trials in the U.S. in mid-2025 for its novel Type 2 diabetes drug, PATAS. This funding marks a significant step forward in the development of a first-in-class compound that directly addresses insulin resistance, the underlying cause of Type 2 diabetes.

Targeting Insulin Resistance

PATAS is designed as a whole-body insulin sensitizer, working on fat cells (adipocytes) to restore glucose uptake and utilization. Unlike many existing diabetes drugs that focus on symptom management, PATAS aims to reboot healthy lipid biosynthesis, leading to improved glycated hemoglobin (HbA1c) levels and addressing complications such as diabetic neuropathy, cardiovascular dysfunction, liver disease, and muscle loss.

Investor Confidence

AdipoPharma's funding comes from key global investors, including Newton Biocapital, Good Growth Capital and Okeanos. Alain Parthoens, CEO of Newton Biocapital, expressed enthusiasm for AdipoPharma's mission, stating that a treatment focused on insulin resistance could significantly improve the lives of millions globally. Amy Salzhauer, managing Partner at Good Growth Capital, highlighted PATAS as a potential therapeutic breakthrough for Type 2 diabetes treatment, noting that it is the first in more than a decade.

Scientific Foundation and Leadership

The company was founded by Vincent Marion, PhD, MSc, a biochemist and researcher at INSERM, the French National Institute for Health and Medical Research. Dr. Marion has dedicated the last 10 years to researching the role of adipocytes in Type 2 diabetes, an area he explored through the study of rare genetic human diseases. According to Dr. Marion, PATAS represents a scientific breakthrough in treating insulin resistance.

Global Impact of Type 2 Diabetes

More than 500 million people worldwide have Type 2 diabetes/insulin resistance, and that number is expected to reach 1.3 billion by 2050, according to Lancet Diabetes. Type 2 diabetes is a leading cause of kidney disease, amputation, and premature death globally. The development of PATAS represents a significant effort to combat this growing health crisis.

Support from French Organizations

As a French-headquartered company, AdipoPharma has received strong support from French government-sponsored organizations designed to promote French Science to the world. Emmanuel Poteaux, Acting CEO of SATT Conectus, noted that the French biotech ecosystem has been closely following and supporting AdipoPharma for several years.
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[1]
French Biotech Company AdipoPharma Secures Funding to - GlobeNewswire
globenewswire.com · Nov 11, 2024

AdipoPharma, a French biotech company, secured funding for Phase 1 trials of its Type 2 diabetes drug, PATAS, targeting ...

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