• Fat-shedding pill's data lead to a $132M funding round for startup Rivus Pharma

    14 days ago - By MedCity News

    Rivus Pharmaceuticals' Series B round will finance ongoing clinical development of its lead drug, a pill that targets mitochondria to increase caloric expenditure. CEO Allen Cunningham said the new cash comes on the heels of results from a mid-stage obesity study treatment with the Rivus drug led to fat loss while also preserving skeletal muscle.
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