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Displaying items tagged: Tetra Therapeutics

Sunday, 01 August 2021 17:03

Michigan Capital Network aims to raise $25M for fourth VC fund

GRAND RAPIDS — Michigan Capital Network plans to form a fourth venture capital fund.

Published in Finance
Friday, 23 July 2021 13:52

Tetra Therapeutics CEO Mark Gurney retires

EAST GRAND RAPIDS —Mark Gurney retired as CEO of drug developer Tetra Therapeutics Inc. at the end of June, more than a year after selling the company to Japan-based pharmaceutical company Shionogi & Co. Ltd.

Published in Health Care
Sunday, 14 February 2021 17:45

Tetra Therapeutics’ Shionogi deal builds resources of large pharmaceutical company

After years of raising millions in capital and federal grant funding for Tetra Therapeutics Inc. — which was developing a new drug that could potentially treat Alzheimer’s disease and a form of autism — Mark Gurney in 2020 finally found the big money he needed to get to the end.

Published in Health Care

Sunday, 07 June 2020 17:00

‘TREMENDOUS WIN:’ Tetra Therapeutics’ sale offers healthy returns for investors, validation for local ecosystem

GRAND RAPIDS — Tetra Therapeutics Inc.’s sale to a Japanese pharmaceutical company provides a final pathway toward bringing to market potential new drugs to treat Alzheimer’s disease and a form of autism, as well as generates a handsome return for financial backers.

Published in Finance
Tuesday, 26 May 2020 11:02

Grand Rapids drug developer sells to Japan-based pharma company in potential $500M deal

GRAND RAPIDS — Drug developer Tetra Therapeutics Inc. has reached a definitive merger agreement with Japan-based pharmaceutical company Shionogi & Co. Ltd. in a deal that could reach $500 million.

Published in Health Care
Sunday, 15 March 2020 09:22

MiBiz Growth Report: March 15, 2020

MiBiz Growth Report for March 15, 2020.

Published in Economic Development


Friday, 06 March 2020 12:07

Drug developer secures new investment from Japanese firm, outlines path to buyout

GRAND RAPIDS — Drug developer Tetra Therapeutics has secured a new equity investment from Japanese pharmaceutical company Shionogi & Co. Ltd.

Published in Health Care
Saturday, 28 September 2019 11:05

Growth Report: Sept. 28,2019

Growth report for Sept. 28, 2019.

Published in Economic Development
Friday, 20 September 2019 09:50

Drug developer’s clinical trial enrollment going faster than expected

GRAND RAPIDS — Tetra Therapeutics says it is enrolling patients faster than expected for a clinical trial on a potential new drug to treat Alzheimer’s disease.

Published in Health Care