Acquired

ViaCyte Stock

Preclinical Therapeutic Company

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About ViaCyte Stock

ViaCyte formerly Novocell is a preclinical therapeutic company focused on diabetes. Their therapy is based on the differentiation of stem cells into pancreatic beta cell precursors, with subcutaneous implantation in an encapsulation device. Data in their publications demonstrates that these cells can produce therapeutically relevant levels of insulin in response to blood glucose, and sustain diabetic animals. Their goal is a product which can free both Type 1 and Type 2 patients with diabetes from insulin dependence on a long-term basis, while reducing or eliminating hypoglycemic, microvasculature, and weight-related cardiovascular complications.

Funding History

May 2006$20.0M
July 2007$25.0M
July 2013$10.6M
August 2014$20.0M
August 2014$5.4M
September 2014$16.6M
July 2016$3.9M
May 2017$10.0M
September 2018$10.0M
November 2018$80.0M

Management

Senior Vice President, Science & Technology

Allan Robins

Vice President, Business Development and Strategy

Mark Zimmerman

Director

Steven R. Altman

President and Chief Executive Officer

Paul Laikind

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