What Happened?
Kalamazoo, MI-based Stephen Benoit as Chief Executive Officer
About the Company
Metabolic Solutions Development Company, LLC (MSDC) discovers and develops novel molecular targets and new therapeutics to treat metabolic diseases associated with age-related mitochondrial dysfunction, especially insulin resistance and type 2 diabetes. The company has raised nearly $55 million in support of the development of its novel therapeutic drugs, MSDC-0160 and MSDC-0602, which selectively modulate mitochondrial control of to important cellular activities, such as carbohydrate, lipid, and amino acid metabolism, that are out of balance in patients with type 2 diabetes. Such imbalances may also play a role in other diseases of aging such as Alzheimer’s disease and Parkinson’s disease, as well certain genetic diseases such as polycystic kidney disease.
About the Person
Stephen Benoit is a results-driven serial entrepreneur known for turning innovative ideas into business ventures with strong profit potential. He has created and led businesses in the life sciences, packaged goods, education services, and financial services industries. At MSDC, Mr. Benoit is committed to maximizing shareholder value through the efficient use of equity capital, monetizing and maximizing assets through strategic partnerships, mitigating and reducing risks, and inculcating accountability, teamwork, performance, and leadership at all levels of the organization.
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