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HighTide Plans Hong Kong IPO to Support Metabolic and Digestive Portfolio

publication date: Jun 9, 2023

Shenzhen HighTide Therapeutics filed for an IPO on the Hong Kong Exchange to develop a portfolio of novel multifunctional drugs for metabolic and digestive diseases. The company’s lead candidate is berberine ursodeoxycholate, a gut-liver anti-inflammatory metabolic modulator that targets multiple pathways. HTD1801 is being developed for nonalcoholic steatohepatitis (NASH), type 2 diabetes and three other indications. The company is developing five assets for nine indications. Founded in 2011, HighTide was originally backed by Hepalink and its Chairman/CEO, Dr. Liu. In January 2023, HighTide closed a $107 million Series C/C+ funding. More details....

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