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Elcelyx Therapeutics

Biotech & Life Sciences · San Diego, United States · Founded 2010

Developing nutrient sensing-based products for weight management and obesity-related metabolic disorders MoreLess

Elcelyx Therapeutics, established in 2010 by co-founders Alain Baron and Martin Brown, is a clinical-stage pharmaceutical company headquartered in San Diego, California. The firm concentrates on developing therapies for metabolic diseases, particularly type 2 diabetes and obesity, by leveraging its Gut Sensory Modulation (GSM) technology. This scientific platform is based on the discovery that modulating enteroendocrine cells in the lower gut can produce systemic physiological effects with an improved safety profile.

The company was founded by Dr. Alain Baron, who also serves as its President and CEO. Dr. Baron possesses an extensive background in endocrinology, having served as a Professor of Medicine at Indiana University and holding senior research and development roles at Amylin Pharmaceuticals. His experience as an Entrepreneur-in-Residence at Morgenthaler Ventures, a key early investor, was instrumental in the company's formation. This deep expertise in metabolic diseases and drug development directly informs the company's strategic focus on gut-targeted therapies.

Elcelyx's business model centers on the research and development of proprietary drug candidates for out-licensing or partnership with larger pharmaceutical entities for commercialization. The company has successfully raised approximately $93.3 million over six funding rounds from a syndicate of prominent investors, including Morgenthaler Ventures, Kleiner Perkins, Technology Partners, and Sailing Capital. This capital has financed the advancement of its product pipeline through multiple clinical trial phases.

The lead product candidate is Metformin DR, a delayed-release formulation of metformin. This product is engineered to target the lower small intestine, the primary site of metformin's action, thereby minimizing systemic absorption into the bloodstream. The primary benefit of this approach is the potential to offer a viable treatment for the significant population of type 2 diabetes patients who are unable to take standard metformin formulations due to renal impairment or severe gastrointestinal side effects. In November 2016, Elcelyx reported that its Phase 2b study of Metformin DR successfully met its primary endpoint, demonstrating a statistically significant reduction in HbA1c levels compared to a placebo. The results showed meaningful glycemic control with disproportionally lower systemic exposure, reinforcing its potential as a safer alternative.

Keywords: Elcelyx Therapeutics, metabolic diseases, type 2 diabetes, Gut Sensory Modulation, GSM technology, Metformin DR, delayed-release metformin, enteroendocrine cells, Alain Baron, clinical-stage pharmaceutical, gut-targeted therapy, diabetes treatment, obesity treatment, renal impairment, Morgenthaler Ventures, Kleiner Perkins, Sailing Capital, Phase 2b clinical trial, glucose regulation, neuroendocrine system, L-cell modulation

Company overview

Elcelyx Therapeutics company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2010
Headquarters
San Diego, United States
Employees
1
Open positions
None listed
Dealroom signal
59.2
sub industryPharmaceuticalsectorPersonal HealthsectorDiabetesbusiness modelManufacturingindustryHealthsectorBiotechnologysectorNutritionsectorMetabolismsectorBiotech and PharmasectorHard TechsectorDT and LSsectorscience-basedclient focusb2b

Valuation & funding

Elcelyx Therapeutics funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES EOther financing Oct 2015 $40M $160M Kleiner Perkins · Clough Capital Partners · Sailing Capital · Morgenthaler Ventures
SERIES DOther financing Feb 2015 $5.8M $23M Undisclosed
SERIES COther financing Feb 2014 $25M $99M Technology Partners · Kleiner Perkins · Morgenthaler Ventures
SERIES BOther financing Dec 2012 $21M $84M Morgenthaler Ventures · Technology Partners · Kleiner Perkins
SERIES BOther financing Aug 2012 $4M $16M Kleiner Perkins · Technology Partners · Morgenthaler Ventures
SERIES AOther financing Mar 2010 Undisclosed
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Growth signals

Elcelyx Therapeutics website traffic

Latest recorded traffic for Elcelyx Therapeutics is 260 monthly website visits, up 52.9% over the last three months. Elcelyx Therapeutics's team grew 0% over the past year.

Latest monthly visits260 3-month web change+52.9% 1-year team growth0%
Monthly website visits57 observations · Apr 2016–Jun 2024
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Comparisons

Elcelyx Therapeutics compared with similar companies

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Talent graph

Elcelyx Therapeutics's talent

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Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

5 investors on Elcelyx Therapeutics's cap table

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Series A 3 investors entered at this stage
Kleiner Perkins
Technology Partners
Morgenthaler Ventures
Series B+ 2 investors entered at this stage
Sailing Capital
Clough Capital Partners

Global footprint

Where Elcelyx Therapeutics has talent and traffic

Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

In the news

Latest news about Elcelyx Therapeutics

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Market sentiment

What the market is saying about Elcelyx Therapeutics

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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