GEN Exclusives

More »

GEN News Highlights

More »
May 19, 2008

Kythera Raises $30M to Advance Fat-Reduction Compound

  • Kythera Biopharmaceuticals obtained $40 million in a series C tranched financing round. The company has immediate access to $30 million, and the rest will be available in the first half of 2009.

    Kythera will use the money to finish Phase II trials for its lead product, ATX-101. The compound is being studied in aesthetic and medical indications for the reduction of localized fat deposits. This includes treatment of superficial lipomas, fat deposits in the submental region of the face/neck, and localized fat deposits in other parts of the body.

    The funding was led by new investor Jafco and included BBT Capital Management/Apothecary Capital, PFM, Versant Ventures, Arch Venture Partners, Prospect Venture Partners, Altitude Life Science Ventures, and Wilson Sonsini Goodrich & Rosati.



Jobs

GEN Jobs powered by HireLifeScience.com connects you directly to employers in pharma, biotech, and the life sciences. View 40 to 50 fresh job postings daily or search for employment opportunities including those in R&D, clinical research, QA/QC, biomanufacturing, and regulatory affairs.
 Searching...
More »

GEN Poll

More » Poll Results »

Stopping Research Fraud

What is the best approach to curbing scientific misconduct and outright fraud?