Published: August 29, 2009
Zafgen, Inc. Named One of the "Fierce 15" Leading Biotech Companies of 2009
CAMBRIDGE, Mass. - (BUSINESS WIRE) - Zafgen, Inc., a private venture-backed biopharmaceutical company focused
on developing novel obesity therapeutics, today announced that it has
been named to FierceBiotech's 7th annual "Fierce 15" list,
designating it as one of the top 15 emerging companies in biotechnology.
The editors of FierceBiotech evaluated hundreds of privately-held firms
based on a variety of factors, including company vision, revenue
potential, quality of deals, strength of technology, partnerships, and
competitive market position. Zafgen was honored as one of this year's
"fiercest" because of its new, innovative approach to fighting obesity.
"Obesity has already attracted a host of would-be developers, many of
whom found the hard way just how difficult it can be to develop a drug
to combat fat. Zafgen, though, is tackling the problem from an entirely
novel direction, looking to prove that a drug can be just as effective
as bariatric surgery in eliminating a big chunk of body weight. The
developer has a long way to go, but it is beating a very ambitious
path," said John Carroll, editor of FierceBiotech.
An internationally recognized daily newsletter reaching more than 65,000
biotech and pharma industry professionals, FierceBiotech provides
subscribers with a quick authoritative briefing on the day's top
stories, with a special focus on drug discovery and clinical trials.
"Obesity is one of the biggest healthcare issues today and Zafgen is the
only player in the field developing therapeutics that directly target
and shrink fat cells," said Thomas Hughes, Ph.D., president and chief
executive officer. "Zafgen is a small company with a big story to tell.
Inclusion in FierceBiotech's 'Fierce 15' illustrates how breakthrough
ideas, even when being advanced by a small 'virtual' biotech company,
remain the key currency in today's biopharmaceutical industry."
The Fierce 15 celebrates the spirit of being "fierce" - championing
innovation and creativity, even in the face of intense competition. The
complete list of 'Fierce 15' companies is available in today's issue of
FierceBiotech and on the FierceBiotech Web site at www.fiercebiotech.com.
About Zafgen, Inc.
Zafgen is the first biopharmaceutical company dedicated to developing
novel obesity therapeutics that directly target and shrink fat tissue to
help the body regain and sustain a lean, healthy state. Adipose tissue
(fat) is composed primarily of cells that store unused calories, as well
as an extensive network of blood vessels that support the tissue. The
nature of the tissue and the interplay between fat cells and the
supporting blood vessels play a critical and active role in determining
the overall size of the fat tissue, and therefore, an individual's
weight. Zafgen's groundbreaking approach targets obesity at its root
cause by safely manipulating and shrinking the blood supply to fat
tissue, driving the loss of fat and a return to a more healthy body
weight. Zafgen's leadership and scientific advisors include the leading
experts in obesity, metabolic disorders and medicinal chemistry. Founded
in 2005, the company is located in Cambridge, Massachusetts. For more
information, visit www.zafgen.com.
Pure Communications, Inc.
Michele Rozen, 617-730-8284
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