Broadening Versant’s obesity portfolio, Antag plots clinical path with €80M
Also in BioCentury’s weekly Venture Report: Formela stepping back from Atlas’ new fund, nine-digit rounds for Nuvig and Maze, and more
After seven years subsisting on seed capital, Antag has attracted a series A round that will support clinical testing of a GIPR antagonist, the first human test of a thesis that a standalone peptide aimed at that target can become a useful tool in an evolving marketplace for obesity therapies.
Versant Ventures, which is building a portfolio of obesity therapies that Managing Director Alex Mayweg called its “Beyond Ozempic” strategy, led the €80 million ($83.9 million) for Copenhagen-based Antag Therapeutics ApS...
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