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VectivBio was a private biopharmaceutical company based in Basel, Switzerland. The company was created based on the spin-out of GLyPharma's original long-acting synthetic GLP-2 analog that was acquired by Therachon and later by Pfizer. The asset was being developed for short bowel syndrome with intestinal failure. In 2023, VectivBio was acquired by Ironwood Pharmaceuticals for $1.2B USD.

Specialty

Short bowel syndrome

Fund name

CTI LSF II

Position

Syndicate

Board

Director

Investment Date

January 8, 2020

Exit Detail

VectivBio acquired by Ironwood Pharmaceuticals for $1.2B USD

Initial Series Round

Series A

Investment Thesis

VectivBio's GLP-2 analog had significant competitive advantages against other GLP-2 assets, and can be used in a more broad short-bowl syndrome population

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