HighTide Therapeutics Funding Round

1/5/2023

Venture Equity

$107,000,000

Series C

Proceeds of the financing will be used to advance multiple global development programs, including mid- to late-stage clinical trials, and the commercialization and business development of the company's robust pipeline. HighTide's lead candidate HTD1801, is a novel multifunctional molecule, being developed for the treatment of patients suffering from complex metabolic and digestive diseases.

Private & Independent

Biopharmaceutical

18B-102, Zhonghaixin, Ganli 2nd Road, Longgang District,
Shenzhen, 518112
CN

Undisclosed

HighTide Therapeutics is a globally integrated clinical-stage biopharmaceutical company focusing on the discovery and development of novel multifunctional therapies for metabolic and digestive diseases with significant unmet medical needs. The company's lead drug candidate, HTD1801, is a first-in-class new molecular entity, currently in clinical development for the treatment of type 2 diabetes (T2DM), non-alcoholic steatohepatitis (NASH), severe hypertriglyceridemia (SHTG), and primary sclerosing cholangitis (PSC). HTD1801 has received Fast Track designation from the US FDA for both NASH and PSC, as well as Orphan Drug designation for PSC. In China, HTD1801 has been included in the National Major New Drug Innovation Program.