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9 Meters Biopharma

BiotechUSAClosed 2023

Total Raised

Undisclosed

Peak Valuation

Undisclosed

Employees

—

Year Collapsed

2023

Business model

Clinical-stage biopharmaceutical developing GI-focused rare disease treatments.

In brief

Developed vurolenatide, a GLP-1 receptor agonist candidate for short bowel syndrome, entering a category that became enormously valuable elsewhere in the pharmaceutical industry around the same time. Its drug candidate failed to demonstrate efficacy in Phase 2 clinical trials, an…

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Key facts

Founded
2016
Closed
2023
Headquarters
Raleigh, USA
Industry
Biotech
Employees
—
Revenue
Undisclosed

Related failures

Often compared with: Novo Nordisk, Eli Lilly.