Amid measured expansion, Longwood raises $170M for fifth fund, GSK to close Sirtris Pharmaceuticals site. As followers of the drug industry know, GlaxoSmithKline (NYSE:GSK) famously paid $720 million to buy Sirtris Pharmaceuticals in 2008. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. Company profile page for Sirtris Pharmaceuticals Inc including stock price, company news, press releases, executives, board members, and contact information © 2021 BioCentury Inc. All Rights Reserved. Find company research, competitor information, contact details & financial data for Sirtris Pharmaceuticals, Inc. of Collegeville, PA. Get the latest business insights from Dun & Bradstreet. Terms & Conditions | Privacy Policy, ...lifespan, which began when Christoph Westphal, Rich Aldrich and Michelle Dipp -- all veterans of, ...which both increase PGC-1α function, are available as nutritional supplements. Sirtris Pharmaceuticals (NASDAQ: SIRT) is a biopharmaceutical company focused on discovering and developing proprietary, orally available, small molecule drugs with the potential to treat diseases associated with aging, including metabolic diseases such as Type 2 Diabetes. It's relatively lightly traded and it's a very small market cap (under $500 million), but shares of Sirtris Pharmaceuticals are sitting at a new high in the early going today. Insider trading activities including stock purchases, stock sales, and option exercises of SIRT listed in the above tables cannot be completely guaranteed as to their accuracy. As followers of the drug industry know, GlaxoSmithKline famously paid $720 million to buy Sirtris Pharmaceuticals in 2008. Developer of proprietary, orally administrable, small molecule biopharmaceutical drugs intended to cure type 2 diabetes, cancer, and other diseases. Conceived in 2004 by Harvard University biologist David Sinclair and serial entrepreneur Andrew Perlman, and founded that year by Sinclair and Perlman, along with Christoph Westphal, Richard Aldrich, Richard Pops, and Paul Schimmel, the company was focused on developing Sinclair's research into activators of sirtuins, work that began in the laborato… Type 2 Diabetes (T2D) has reached epidemic proportions in the United States. Sirtris Pharmaceuticals Inc. filed with regulators on Thursday to raise up to $60 million in an initial public offering of common stock. When I pointed at Sirtris Pharmaceuticals in February I was considering to invest in that stock but had no money left. Sirtris Pharmaceuticals General Information Description. CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sirtris Pharmaceuticals, Inc. (NASDAQ: SIRT - News), a biopharmaceutical company focused on discovering and developing small molecule drugs to treat diseases of aging such as Type 2 Diabetes, today announced the pricing of its initial public offering of 6,000,000 shares of its common stock at $10.00 per share, before underwriting discounts and … Sirtris Pharmaceuticals is a biopharmaceutical company focused on discovering and developing proprietary, orally available, small molecule drugs with the potential to treat diseases associated with ageing, including metabolic diseases such as Type 2 Diabetes. Their stock opened with $10.00 in its May 23, 2007 IPO. GlaxoSmithKline - Get Report announced Tuesday after the market closed that it is buying Sirtris Pharmaceuticals for $720 million, or $22.50 a share. In 2008, GlaxoSmithKline plc acquired. [Updated 2:25 pm ET, 3/13/13] GlaxoSmithKline is closing down Cambridge, MA-based Sirtris Pharmaceuticals, almost five years after it paid $720 million to … Details GlaxoSmithKline 05 May 2008 GlaxoSmithKline plc (GSK) announced that Fountain Acquisition Corporation, a wholly-owned subsidiary of GSK, is commencing a cash tender offer to purchase all outstanding shares of common stock of Sirtris Pharmaceuticals, Inc. (Nasdaq: SIRT) (Sirtris), for $22.50 in cash without interest and less any required withholding taxes. Sirtris … GlaxoSmithKline plc (GSK) announced today that Fountain Acquisition Corporation, a wholly-owned subsidiary of GSK, is commencing a cash tender offer to purchase all outstanding shares © 2021 PitchBook Data. A high-level overview of Sirtris Pharmaceuticals (SIRT) stock. 2 Based on those findings, ...with normal Sirt1 expression or vehicle, respectively. Describes a set of key strategic decisions facing the scientific founder and CEO of a promising, early stage bio-pharmaceuticals company. The stock market hasn't been kind to Sirtris, which was trading at $12, down 45% from its 52-week high. Sirtris Pharmaceuticals has raised a total of $82M in funding over 4 rounds. via: Sirtris Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. For the biopharma industry investment, business development and competitive intelligence professionals who require information to support financing, partnering and licensing activities, BCIQ provides accurate information and context to support profitable and strategic decision making. GlaxoSmithKline plc's, ...variety of metabolic and neurodegenerative processes. Sirtris Pharmaceuticals Inc. has been sold for $720 million to international pharmaceutical company GlaxoSmithKline (NYSE: GSK), just four years after the biotechnology startup launched. 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