Industry news
Intarcia Therapeutics acquires Phoundry Pharmaceuticals
Intarcia Therapeutics has announced the acquisition of Phoundry Pharmaceuticals a privately held biotechnology company based in Research Triangle Park, North Carolina. Founded in 2015 after six years of work as part of the Enteroendocrine Discovery Performance Unit of GlaxoSmithKline, Phoundry Pharmaceuticals has created a portfolio of optimized peptides in various therapeutic categories, most notably diabetes and obesity.