Gelesis
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Gelesis

https://www.gelesis.com/
Last activity: 18.11.2021
Tags:BioTechBodyHealthTechLifeManagementMedTechPhysicalPlatformProductTechnology
We take our cues from nature to mimic the physical properties of vegetables. We’re developing biomimetic hydrogel therapies for obesity and other chronic metabolic diseases. In April 2019, Gelesis received FDA clearance for its lead product candidate, Plenity®, as an aid for weight management in overweight and obese adults with a Body Mass Index (BMI) of 25-40 kg/m², when used in conjunction with diet and exercise. Plenity is contraindicated in patients who are pregnant or are allergic to cellulose, citric acid, sodium stearyl fumarate, gelatin, or titanium dioxide. The most common side effects were diarrhea, distended abdomen, infrequent bowel movements, and flatulence. Plenity is currently available in limited release in the U.S. Gelesis’ proprietary approach inspired to structurally mimic vegetables is designed to act mechanically in the GI pathway to potentially alter the course of certain chronic diseases. In addition to Plenity, Gelesis is developing additional investigational candidates such as Gelesis200, a hydrogel optimized for weight loss and glycemic control in patients with type 2 diabetes and prediabetes. This biomimetic hydrogel based on the Gelesis platform technology are also being advanced in other GI inflammatory conditions, such as non-alcoholic steatohepatitis (NASH) and functional constipation. Community guidelines: http://bit.ly/2Q8VfUG
Likes
12
Location: United States, Massachusetts, Boston
Member count: 51-200
Total raised: $247.5M
Founded date: 2006

Investors 4

Funding Rounds 6

DateSeriesAmountInvestorsDeal News
18.11.2021-$30M-orbimed.co...
09.12.2019-$84M-vcnewsdail...
01.03.2018-$30M-finsmes.co...
18.12.2015-$31.5M-finsmes.co...
26.03.2015IPO$60M-finsmes.co...
16.05.2014-$12M-finsmes.co...

Mentions in press and media 35

DateTitleDescriptionSource
18.11.2021PureTech Founded Entity Gelesis Receives $30 Million Plenity...PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) (“PureTech” or the “Company”), a clinical-stage biothe...marketscre...
18.11.2021Gelesis Receives $30 Million Plenity Order from RoGelesis announced today that leading U.S. direct-to-patient healthcare company Ro has placed a $30 m...marketscre...
18.11.2021Gelesis Receives $30 Million Plenity® Order from Ro-orbimed.co...
01.10.2020Ro makes the weight loss product Plenity commercially availa...In what could be the first step in the development of a significant new line of business for the tel...techcrunch...
09.12.2019Gelesis Secures Over $84M BOSTON, MA, Gelesis announced it secured $84.6 million in new capital led by private equity firm V...vcnewsdail...
09.12.2019Top tech startup news for today, Monday, December 9, 2019 – ...Good morning! Below are some of the top tech startup news for today, Monday, December 9, 2019. Amaz...techstartu...
09.12.2019Gelesis Raises Over $84M in FundingGelesis, a Boston, MA-based biotechnology company developing a novel hydrogel platform technology to...finsmes.co...
09.12.2019Gelesis Secures Over $84 Million in New CapitalBOSTON--(BUSINESS WIRE)--Gelesis, a biotechnology company developing a novel hydrogel platform techn...citybizlis...
09.12.2019Biotech startup Gelesis raises over $84 million to support t...The prevalence of obesity was 39.8% and affected about 93.3 million of US adults in 2015~2016, accor...techstartu...
02.03.2018Gelesis raises $30M to gear up for weight loss launchGelesis has raised $30 million as it prepares to file for approval of its weight loss device. The fi...fiercebiot...
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