Company Name: ZS Pharma Inc.
Location: Ft. Worth, Texas
Industry: Pharmaceuticals
Solution/Product: ZS-9, an oral sorbent technology platform that will first be applied to removing toxins in patients suffering from hyperkalemia, or high levels of potassium in the blood, as a result of kidney and liver disease and related conditions.
Money Raised: $5.3 million since November
How will it be used: First round of clinical trials to test the drug in acute hyperkalemia, according to the Dallas Business Journal. President and CEO Al Guillem wasn’t immediately available to comment.
Investors: The filing lists Marc Ostro, of Devon Park Bioventures, and Robert Truitt, of Ash Access Technology, among the company’s board of directors. In 2010, ZS Pharma received $2 million from the state’s Emerging Technology Fund.
Competitors: Artificial kidneys like the ones being developed by researchers at UCSF, CreatiVasc Medical; Blood Purification Technologies.
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By Deanna Pogorelc MedCity News
Deanna Pogorelc is a Cleveland-based reporter who writes obsessively about life science startups across the country, looking to technology transfer offices, startup incubators and investment funds to see what’s next in healthcare. She has a bachelor’s degree in journalism from Ball State University and previously covered business and education for a northeast Indiana newspaper.More posts by Author
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