Auspex Raises $25M for Longer-Lasting, Deuterium-Based Drugs

Auspex Pharmaceuticals, Deuterium, Deuterium analog

At San Diego’s Auspex Pharmaceuticals, CEO Larry Fritz is overseeing a drug development program based on a fairly simple premise: If an FDA-approved small molecule drug is susceptible to metabolic enzymes in the body that break down its hydrogen bonds, wouldn’t substituting some deuterium atoms make those bonds stronger and longer-lasting?

Deuterium is a stable and naturally occurring hydrogen isotope with a nucleus that is twice the mass of ordinary hydrogen. Fritz says replacing some hydrogen atoms with deuterium does not change the shape or electronic structure of a molecule. But as he put it in a recent phone call, “A few well-placed deuterium atoms can make a big difference.”

How big of a difference?

Auspex CEO Larry Fritz, Deuterium analog
Larry Fritz

While the scientific basis for substituting deuterium has been generally established, Fritz says the pharmacokinetic effects have to be determined on a case-by-case basis.

Nevertheless, Auspex has enough confidence in the potential of its deuterium-based drug portfolio that the company has raised $25 million in a Series D round to help fund late-stage trials of its lead drug candidate. In a statement today, Auspex says the financing was led by Panorama Capital, and was joined by existing investors Thomas, McNerney & Partners, CMEA Capital, and Sloan Biotech Fund.

The company’s lead drug compound, SD-809, is a deuterium-based analog of tetrabenazine (Xenazine), a drug the FDA approved four years ago for treating the involuntary movements, or “chorea,” associated with Huntington’s disease, Tourette syndrome, and tardive dyskinesia.

Tetrabenazine is not a cure, but helps to control hyperkinetic movements by

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.