Response Pharmaceuticals
Metabolic health therapies for drug-induced weight management
About Response Pharmaceuticals
Response Pharmaceuticals is a clinical-stage biopharmaceutical company founded in 2021 by Eric Keller and Paul Sweetnam, developing treatments for metabolic health and weight management, particularly for high-need patient populations. The company is headquartered in Falls Church, Virginia. Its primary focus is on addressing drug-induced weight gain, such as that associated with antipsychotic medications, and managing weight rebound after patients discontinue GLP-1 receptor agonists like Ozempic and Wegovy.
The company's lead drug candidate is RDX-002, an oral, gut-specific small molecule inhibitor of the intestinal microsomal triglyceride transfer protein (iMTP). By inhibiting iMTP, RDX-002 reduces the absorption of dietary fats and cholesterol, thereby lowering caloric intake from triglycerides. This mechanism has been shown in clinical studies to help manage body weight and improve cardiometabolic risk factors. RDX-002 is being developed under an exclusive worldwide license from Sanofi S.A. and has been studied in over 500 human subjects across multiple trials.
Response Pharmaceuticals' business model centers on developing and advancing its therapeutic pipeline through clinical trials to address unmet needs in metabolic health. The company secured $8 million in a Series A financing round in November 2022, which has been used to fund efficacy studies for RDX-002. Recent Phase 2 trial results for RDX-002 have shown positive outcomes in reducing weight regain and post-meal triglycerides in patients who have stopped GLP-1 treatments. The company serves patients experiencing metabolic side effects from essential medications, aiming to improve treatment compliance and long-term health outcomes by mitigating adverse effects like weight gain.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Falls Church, United States
- Open positions
- None listed
- Dealroom signal
- 17.3/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, DT and LS, science-based
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Jun 2024 | $3.9M | $40M | Undisclosed | ↗ |
| SERIES AOther financing | Feb 2022 | $8M | $32M | Stonehaven | ↗ |
Growth signals
Latest recorded traffic for Response Pharmaceuticals is 340 monthly website visits, up 36% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Stonehaven
Other known investors1 additional known investor
- KSKYTO Technology & Life Science
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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