Poxel SA

Poxel SAis a lyonbiopole member

General information

259/261 avenue Jean Jaurès

69007 Lyon

Incorporated in: 2009/03/11

Number of employees: 23


More information

 

Main activity

Poxel is a diabetes drug development specialist, aiming at finding innovative solutions for the management of metabolic diseases. Poxel's rich pipeline of first-in-class products with disease-modifying mechanisms of action offering potential for safer, more effective therapies. The lead compound, Imeglimin, a mitochondria bioenergetics regulator, acting on the two main defects of Type 2 diabetes i.e. increasing insulin secretion in a glucose-dependent manner and improving insulin sensitivity, has just completed its phase 2b clinical trial to treat Type 2 diabetes. It has achieved proof-of-concept in two monotherapy clinical trials and as add-on therapy to the standard treatments. In addition, Poxel's portfolio includes a direct AMPK activator nearing phase 1 clinical development. This compound did prove benefits in preclinical studies for the treatment of Type 2 diabetes and co-morbidities. Poxel was formed in 2009 as a spin out from Merck Serono, a leading global player in the field of metabolic disorders.


Funding

Looking for funding: Yes

Private funding obtained: €34m from Edmond de Rothschild Investment Partners,Bpi France and Omnes Capital (ex-Credit Agricole Private Equity)

Public funding obtained: Sept. 2009: €215,000 grant from FEDER and €250,000 grant from Le Grand Lyon for  NATHEB project. Oct. 2011: €1.45m from OSEO

Stock exchange listing: Listed on Euronext on February 6, 2015: €26;8 M raised

Segmentation
Activities
Products / Services / Technologies
Partnership opportunities / Licensing

Strategic area of application
Human Medicine


Application market
Endocrinology


Activities
Therapeutics, Pharma or Biotech


Technologies
Others

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