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…
See the What Happened tab for the full account.
Key facts
- Founded
- 2016
- Closed
- 2023
- Headquarters
- Raleigh, USA
- Industry
- Biotech
- Employees
- —
- Revenue
- Undisclosed
- Founders
- John Temperato
Related failures
Vedere Bio
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Ran out of funding$77MAcorda Therapeutics
1995–2024Biotech · USA
Ran out of fundingUndisclosedAthersys
1995–2024Biotech · USA
Ran out of fundingUndisclosedEiger BioPharmaceuticals
2008–2024Biotech · USA
Ran out of fundingUndisclosedHumanigen
1999–2024Biotech · USA
Ran out of fundingUndisclosedInfinity Pharmaceuticals
2001–2023Biotech · USA
Ran out of fundingUndisclosed
Often compared with: Novo Nordisk, Eli Lilly.