Pennsylvania Business Report

Obesity drug developer Alveus Therapeutics closes $197M Series A financing

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By Melina Druga  |  February 26, 2026

Philadelphia-based Alveus Therapeutics, a clinical-stage biotechnology company developing obesity and metabolic disease therapies, recently raised $197 million in Series A financing. This was the second and final closing in this financing round. “The backing of specialist healthcare investors with deep domain expertise reflects strong momentum for Alveus, driven by our differentiated portfolio, the strength of our team, and the scale of the opportunity in obesity and metabolic disease,”...

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