Pentwater Capital Management Adds $13M in Structure Therapeutics Inc. ($GPCR)
Key Points
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Pentwater Capital Management acquired a new position in Structure Therapeutics Inc. ($GPCR), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 245,000 shares of Structure Therapeutics Inc.. Pentwater Capital Management's holdings in Structure Therapeutics Inc. were worth $13.15 million as of its most recent filing.
Structure Therapeutics Inc. Stock Up 13.3%
Shares of Structure Therapeutics Inc. ($GPCR) traded around $53.67 on Saturday, up 13.3% for the day.
Structure Therapeutics Inc. Earnings
Analysts Set New Price Targets
About Structure Therapeutics Inc.
Structure Therapeutics Inc., a clinical stage global biopharmaceutical company, develops and delivers novel oral small molecule therapeutics to treat various chronic diseases with unmet medical needs in the United States. Its lead product candidate is GSBR-1290, an oral and biased small molecule agonist of glucagon-like-peptide-1 receptor, which is in two phase 2 clinical trials for the treatment of obesity, overweight, and related conditions. The company also develops ACCG-2671 and ACCG-3535, an oral small molecule amylin receptor agonist that is in phase1 clinical trial for the treatment of obesity; ANPA-0073, an oral small molecule APJ receptor agonist; and LTSE-2578, an antagonist that targets lysophosphatidic acid 1 receptor, a G-protein coupled receptors implicated in responses to tissue injury and pro-fibrotic processes, for the treatment of idiopathic pulmonary fibrosis. In addition, it develops programs, including glucose-dependent insulinotropic polypeptide receptor (GIPR) program, which identified multiple GIPR agonist, dual GLP-1R/GIPR agonist, and GIPR antagonist hits for small molecule GIPR modulation that has the potential to provide a treatment in obesity; and GCG program, which identified multiple GCG receptor (GCGR) agonist and dual GLP-1R/GCGR agonist hits for small molecule GCGR modulation. The company was formerly known as ShouTi Inc. Structure Therapeutics Inc. was incorporated in 2016 and is headquartered in South San Francisco, California.
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