Nusirt

company

About

NuSirt Sciences is a biotechnology company focused on developing products.

  • 1 - 10

Details

Last Funding Type
Series A
Last Funding Money Raised
$3.50M
Industries
Biotechnology,Clinical Trials,Diabetes
Founded date
Jan 1, 2007
Number Of Employee
1 - 10
Operating Status
Active

NuSirt Sciences is a biotechnology company focused on developing products targeting metabolic diseases associated with over-nutrition such as obesity, diabetes, and inflammatory stress. The company has developed a breakthrough technology platform that combines natural compounds with various pharmaceutical agents.

NuSirts first product, NS-0100, uses NuSirts platform technology to combine the natural product leucine with a very low dose of metformin for the treatment of type II diabetes. Although, metformin is the gold standard in the treatment of early-type II diabetes many patients can not tolerate the adverse gastrointestinal side effects metformin can cause in some patients.

The company is currently testing varying doses of NS-0100 in Phase 2 clinical study to find the most efficacious dose of this new combination. If NuSirts clinical trials are successful NS-0100 may offer patients a viable alternative to metformin. NuSirt has filed eleven patent applications (two of which have been issued) and completed four clinical and numerous pre-clinical studies based on the patented technologies.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$12.18M
Nusirt has raised a total of $12.18M in funding over 2 rounds. Their latest funding was raised on May 13, 2015 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 13, 2015 Series C $6M 1 Detail
Mar 1, 2014 Series A $3.50M 1 Detail
Sep 1, 2012 Seed $2.08M 1 Detail
Jun 1, 2012 Seed $600K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Nusirt is funded by 1 investors. Tennessee Community Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Tennessee Community Ventures Series C