Ascendis Pharma is a pharmaceutical company developing improved, patentable versions of high-value drugs. The company’s proprietary TransCon technology is used to generate drug candidates that are more effective and have lower risk than existing drugs, and have new patent life.
Gilde co-led the first financing round. The company has since advanced its once-weekly TransCon human growth hormone for the treatment of growth hormone deficiency into phase 2 and TransCon Treprostinil for the treatment of Pulmonary Arterial Hypertension into phase 1. It also entered into multi-product collaborations with Sanofi in diabetes and Genentech in ophthalmology.
Ascendis Pharma A/S (Nasdaq: ASND) completed its of its initial public offering on Nasdaq in January 2015 and is located in both Copenhagen, Denmark, and Palo Alto, California.
Palo Alto, CA, USA