Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

July 30, 2015 3:20 PM ET


Company Overview of Gelesis, Inc.

Company Overview

Gelesis, Inc., a biotechnology company, focuses on the development of products to induce weight loss and enhance glycemic control in overweight and obese patients. Its lead product candidate is Gelesis100, an orally administered capsule that contains small hydrogel particles designed to employ various mechanisms of action along the gastrointestinal tract to induce weight loss and enhance glycemic control. The company also develops Gelesis200, a novel hydrogel that is in pre-clinical development stage for the treatment of prediabetics and type 2 diabetics. Gelesis, Inc. was founded in 2006 and is headquartered in Boston, Massachusetts.

500 Boylston Street

Suite 1600

Boston, MA 02116

United States

Founded in 2006

14 Employees



Key Executives for Gelesis, Inc.

Founder, Chief Executive Officer, President and Director
Age: 52
Principal Financial Officer and Senior Financial Consultant
Age: 58
Chief Medical Officer
Age: 63
Chief Business Officer
Age: 58
Chief Project Scientist
Age: 43
Compensation as of Fiscal Year 2015.

Gelesis, Inc. Key Developments

Gelesis Expands Ongoing Weight Loss Study

Gelesis announced plans to expand its ongoing GLOW (Gelesis Loss Of Weight) study to serve as a U.S. pivotal trial. Gelesis received positive confirmation from the U.S. Food and Drug Administration (FDA) that GLOW is a nonsignificant risk (NSR) device study, allowing the Company to expand the study to multiple U.S. sites. The FDA's NSR designation allows Gelesis to proceed with the study in the U.S. without submitting and obtaining approval of an investigational device exemption (IDE) application because Gelesis100 does not present a potential for serious risk to the health, safety, or welfare of a subject. NSR devices are those that are generally considered to be low risk based on their intended use in the study. Examples of NSR devices include daily wear contact lenses, dental filling materials, and jaundice monitors for infants. The GLOW study is a randomized, double-blind, placebo-controlled, parallel-group study designed to assess the effect of repeated administration of Gelesis100 over six months on body weight and glycemic control parameters in overweight and obese subjects, including those with prediabetes and type 2 diabetes. The primary endpoints for the study are placebo-adjusted change in total body weight from baseline to end of treatment, and percent of patients with at least 5% weight loss. The secondary endpoints include changes in key glycemic control parameters. The GLOW study was initiated in November 2014 and is currently being conducted in nine sites across four European countries. The expansion of the study will result in a study population of at least 336 patients (currently 168 patients) across the U.S. and Europe. Contingent upon successful completion of the GLOW study, this expansion should allow the Company to announce topline data and file for FDA approval in the first half of 2017, as opposed to the previously planned submission in the first half of 2018.

Gelesis Seeks Acquisitions

Gelesis, Inc. intends to use a portion of net proceeds of IPO for the acquisition of, or investment in, technologies, solutions or businesses that complement its business, but it has no present commitments or agreements to enter into any such transaction.

Gelesis Announces Appointment of Directors

Gelesis announced the appointment of two new directors, Meghan Fitzgerald and Robert Forrester, who bring additional commercialization and finance expertise to its Board. Ms. Fitzgerald is the EVP of Strategy, M&A, and Health Policy and an Executive Committee Member at Cardinal Health. She has previously held senior positions at Medco Health Solutions, Inc., Pfizer Global Pharmaceuticals, Merck and Sanofi. Mr. Forrester is the CEO of Verastem, and brings to the board 14 years of experience as CEO, COO, and CFO at both private and public life sciences companies, including Forma Therapeutics, CombinatoRx and Coley.

Similar Private Companies By Industry

Company Name Region
Araim Pharmaceuticals, Inc. United States
MitoPharm Corporation United States
Oncofactor Corporation United States
Bionova Holding Corporation United States
Insight Genetics, Inc. United States

Recent Private Companies Transactions

Private Placement
March 26, 2015

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Gelesis, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at