Thermalin Diabetes

Daily

New-wave insulin maker Thermalin Diabetes raises $5.9M

Thermalin Diabetes is picking up steam – and funding – as it develops a more concentrated and faster-acting version of insulin. The Boston and Cleveland-based company just raised $5.9 million from private investors in the first tranche of a Series B round. To date, it has raised about $15 million in equity and $8 million in NIH […]

Pharma

Thermalin Diabetes gets $4.5M NIH grant for next-generation insulin

Next-generation insulin developer Thermalin Diabetes has received a $4.5 million grant from the National Institutes of Health to continue development of its insulin analogs. The grant is expected to fund Cleveland-based Thermalin through the filing of an investigational new drug (IND) application for a rapid-acting insulin analog drug candidate, CEO Rick Berenson said. “We are […]

Pharma

Thermalin Diabetes closes $2.85M Series A investment round

Next-generation insulin developer Thermalin Diabetes has closed a $2.85 million Series A investment round. The Cleveland-based startup plans to use the funding to step up production of its insulin analogs — new proteins engineered to act like insulin in the body — and continue preclinical testing. The insulin analogs are heat resistant, unlike the natural […]

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Policy

Thermalin Diabetes wins $250,000 to develop new insulins

Thermalin Diabetes Inc., the Cleveland start-up that is developing new forms of insulin, has received a $250,000 investment commitment from JumpStart Ventures on the way to a Series A fundraising likely to be completed by the end of May. “It’s the first piece of what I think will be close to $2 million-worth of financing […]

Hospitals

Case Western Reserve, UH Case Medical Center part of consortium using $16 million to study anemia in the elderly — MedCity Evening Read, Dec. 16, 2009

Case Western Reserve University and University Hospitals Case Medical Center will participate in a consortium of national experts investigating why unexplained anemia is common in older adults. The consortium, called the Partnership for Anemia: Clinical and Translational Trials in the Elderly, is the result of a $16 million grant awarded by the National Institute on Aging.