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Acquired byMerck & Co.
Price$500M
Date12/2010

General Information

Websitesmartinsulin.com
CategoryBioTech
Phone978.927.4246
Emailinfo@smartinsulin...
Employees

Offices

Beverly, USA
100 Cummings Center
Suite 419E
Beverly, MA, 01915
USA

People

President, Co-founder & CEO
Vice President of Business Development

Funding

TOTAL $4.1M
FUNDING TOTAL $4.1M
Series B, 5/2006
Cherrystone Angel Group
Series C, 5/2008
Cherrystone Angel Group
Series D, 5/2009
Boston Harbor Angels
CommonAngels
Angel Healthcare Investors
Beacon Street Capital
Cherrystone Angel Group
$4.1M
DEBT TOTAL $1.12M
Debt, 7/2009
$1.12M

Tags

SmartCells

SmartCells, Inc. designs and develops insulin products. It offers SmartInsulin, a self regulating injectable formulation for treating diabetes. The company’s polymer-based dosing technology is used for various applications, such as fertility, thyroid, and growth hormone deficiencies; treatments with poor compliance or therapeutic window issues, such as oncology; and drug-device combinations. SmartCells, Inc. was founded in 2003 and is based in Beverly, Massachusetts.

Recent Milestones

  • Handshake
    SmartCells was acquired by Merck & Co. for $500M. (12/3/10)
    Posted 12/7/10 at 7:47pm via dowjones.com
  • Check
    SmartCells — SmartCells Inc., a Beverly diabetes drug developer, is to be acquired by Merck & Co. Inc. for a total of about $500 million (12/2/10)
    Posted 12/2/10 at 8:25am via masshightech.com
  • Dollar
    SmartCells received $1.12M in Debt funding. (7/29/09)
    Posted 2/24/14 at 3:01am via sec.gov
  • Dollar
    SmartCells received $4.1M in Series D funding. (5/1/09)
    Posted 7/21/10 at 8:40pm
  • Dollar
    SmartCells received in Series C funding. (5/1/08)
    Posted 3/13/14 at 1:13am
  • Dollar
    SmartCells received in Series B funding. (5/1/06)
    Posted 3/13/14 at 1:12am
  • Check
    SmartCells added Todd C. Zion as President, Co-founder & CEO.
    Posted 7/21/10 at 8:40pm
  • Check
    SmartCells added Alan Watson as Vice President of Business Development.
    Posted 7/21/10 at 8:40pm

Videos

Screenshots

Sources

  1. Angel Backing Lifted SmartCells To $500M Merck Acquisition (fis.dowjones.com) [edit]
  2. Citation Needed [add]
  3. Citation Needed [add]
  4. Citation Needed [add]
  5. SEC (sec.gov) [edit]
  6. Merck acquires diabetes drug firm SmartCells (masshightech.com) [edit]
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Last Edited 3/13/14

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