Arteaus Therapeutics
AcquiredNovel CGRP antibody therapy for migraine prevention
Cambridge, United States · Founded 2011
- Headquarters
- Cambridge, Massachusetts
- Employees
- 1–10
- Founded
- 2011
- Business Model
- B2B
About
Arteaus Therapeutics was a Cambridge, Massachusetts-based virtual biotechnology company focused on developing a novel antibody therapy targeting calcitonin gene-related peptide (CGRP) for the prevention of migraine headaches. Founded in 2011 with an $18 million Series A from Atlas Venture and OrbiMed Advisors, the company licensed the CGRP antibody from Eli Lilly and advanced it through Phase 2 clinical trials before Lilly reacquired full development rights in 2014. Arteaus retained a global royalty interest in the resulting drug, Emgality, which it subsequently sold to Royalty Pharma for $260 million in 2019.
Summary
Arteaus Therapeutics is a Biotech company based in Cambridge, United States, founded in 2011.
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