Fractyl Health

Fractyl Health

GUTS
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GUTS · Stock Price

USD 0.75-0.87 (-53.83%)
Market Cap: $115.4M

Historical price data

Market Cap: $115.4MFounded: 2014HQ: Lexington, United States

Overview

Fractyl Health's mission is to prevent, reverse, and eradicate obesity and type 2 diabetes by developing durable, organ-targeted therapies that address root causes rather than symptoms. Its key achievement is the development of the Revita DMR system, an outpatient endoscopic procedure with positive clinical data for weight maintenance post-GLP-1 therapy, now in a pivotal U.S. study (REMAIN-1). The company's strategy is built on two complementary platforms: the near-term, device-based Revita and the long-term, gene therapy-based Rejuva, aiming to shift metabolic disease treatment from chronic management to potential one-time cures.

ObesityType 2 Diabetes

Technology Platform

Two organ-targeted platforms: Revita, a hydrothermal ablation device for duodenal resurfacing, and Rejuva, a locally administered AAV gene therapy for pancreatic islet reprogramming.

Funding History

4
Total raised:$440M
Series F$110M
Series E$110M
Series D$110M
IPO$110M

Opportunities

The massive, growing obesity drug market creates a direct multi-billion dollar opportunity for a one-time procedure like Revita that addresses the critical problem of weight regain after stopping GLP-1 therapies.
Success with Rejuva could unlock the ultimate high-value segment: a durable, potentially curative treatment for metabolic disease.

Risk Factors

The company faces binary clinical risk on its pivotal REMAIN-1 trial and significant financial risk as a pre-revenue entity with a low market capitalization.
Commercial adoption of a novel endoscopic procedure faces hurdles against entrenched chronic drug therapies.

Competitive Landscape

Fractyl differentiates from chronic GLP-1 drug makers by offering a one-time procedural solution for weight maintenance. It competes with bariatric surgery on invasiveness and with other endoscopic devices on clinical experience and IP. Its gene therapy platform is a first-mover in a nascent field.

Company Timeline

2014Founded

Founded in Lexington, United States

2024IPO

IPO — $110.0M

2024Series F

Series F: $110.0M

2024Series E

Series E: $110.0M