Canada · Research startup

Zucara Therapeutics Inc.

Zucara Therapeutics Inc.

Funding reportedLast round: Series B

ResearchToronto, Canada

About Zucara Therapeutics Inc.

Zucara Therapeutics Inc.

is a biopharmaceutical company focused on developing ZT-01, a once-daily therapeutic aimed at preventing hypoglycemia in patients with diabetes, particularly those with Type 1 diabetes and insulin-dependent Type 2 diabetes. Founded in December 2014, Zucara operates from offices in Toronto, Ontario, and Vancouver, British Columbia. The company is currently in Phase 2 Clinical Studies for ZT-01, having secured funding following positive proof-of-concept data in 2022 and completing a US$25 million Series B financing in 2025. ZT-01 is a novel peptide therapy delivered via subcutaneous injection. It works by blocking somatostatin type 2 receptors in the pancreas, which helps restore glucagon secretion, the body's natural defense against low blood sugar. This preventative approach is designed for patients with a history of severe, recurrent hypoglycemia, addressing a significant need among the approximately 2 million patients worldwide with Type 1 diabetes at risk of such episodes. Zucara is also exploring additional peptide therapies for non-muscle invasive bladder cancer, expanding its focus beyond diabetes.

What company datasets say Zucara Therapeutics Inc. raised

Funding, as reported

Reported in all64.4Min the source's currency
Last roundSeries B
Last round size20M
Last round dateNov 2024
Investors listed5

On 7 portfolio pages

Investors who name them

Each firm lists Zucara Therapeutics Inc. on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

medical research fundinghealth carebiopharma innovationtargeted hormone therapybiotechnology researchinsulin-dependent diabeteshypoglycemia managementimpact on diabetes carebladder tumor absorptiondrug development supportpeptide antagoniststargeted peptide therapyhypoglycemiainnovative therapyhospital & health caremedical

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Sector
Research
Industry code
NAICS 32541, 541714, SIC 2834, 8731
Region
Ontario
Revenue
6.5M a year, as listed

Research in Canada

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