Mercaptor Wants To Reinvent Drug Discovery And Development With No Pharma Or VC Funding

Emerging Company Profile: Mercaptor – a California company that emerged from Raptor Pharmaceutical, which Horizon Pharma bought for $800m in 2016 – has grandiose plans to create a new therapy for neurodegenerative disorders with only scientists running the show and no pharma or VC backing.

Emerging Company Profile Regular column feature image Version 2

Mercaptor Discoveries, a new drug discovery business founded by research scientists, is striving to get its first compound into clinical testing as a treatment for neurodegenerative disorders without being backed or bankrolled by pharma or venture capital investors.

The company's technology was discovered at Raptor Pharmaceutical Corp., an orphan drug company that was acquired by Horizon Pharma PLC in September 2016 for around $800m. (Also see "Raptor Buy Bolsters Horizon's Orphan Business As Primary Care Foots The Bill" - Scrip, 13 September, 2016

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Start-Ups & SMEs

More from Business

Azafaros Banks Over €130m To Advance Nizubaglustat Into Phase III

 
• By 

The therapy has been developed for GM1 and GM2 gangliosidoses and Niemann-Pick disease type C.

Roche Reveals Another US Manufacturing Site As Tariff Pressures Seem To Ease

 
• By 

Roche/Genentech unveiled plans for a $700m-plus manufacturing facility for weight loss drugs in North Carolina as President Trump signaled such investments could mean no tariffs for pharma.

Trump’s MFN Executive Order More Rhetoric Than Action

 

The details of Trump’s latest executive order on drug pricing are vague and the president put more blame on other countries and pharma distributors than drug companies.