# Torrey Pines Medicine Secures Angel Round to Advance Next-Generation Ultra-Long-Acting Peptide Therapeutics

- Link: https://www.thailand-business-news.com/pr-news/torrey-pines-medicine-secures-angel-round-to-advance-next-generation-ultra-long-acting-peptide-therapeutics
- Published: 2026-07-28T19:00:00+07:00
- Author: PR Newswire

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Led by Lotus Lake Capital, the financing will accelerate the development of TPM004,
a differentiated ultra-long-acting amylin/calcitonin receptor dual agonist, and 
advance the company’s proprietary PepTetris™ peptide discovery platform for obesity,
diabetes, and other metabolic diseases

 ◦ Developing a differentiated portfolio of ultra-long-acting peptide therapeutics
   targeting metabolic diseases, including obesity, type 2 diabetes, and related
   disorders, with the potential to achieve best-in-class efficacy and dosing convenience
 ◦ Advancing TPM004, a next-generation ultra-long-acting amylin/calcitonin receptor
   dual agonist, toward IND submission and first-in-human clinical development
 ◦ Expanding the proprietary PepTetris™ peptide discovery platform, leveraging advanced
   peptide engineering and artificial intelligence approaches to enable the discovery
   of once-monthly and potentially longer-duration peptide therapeutics
 ◦ The angel financing was led by Lotus Lake Capital, with participation from Stars
   Capital, Tainuo Capital, Blue Ocean Capital, and renowned entrepreneur Mr. Yousheng
   Shen, providing strategic support to advance clinical development and platform
   innovation

SHENZHEN, China, July 28, 2026 /PRNewswire/ — **Torrey Pines Medicine (Shenzhen)
Ltd.**, a biotechnology company dedicated to developing next-generation ultra-long-
acting peptide therapeutics for metabolic diseases, today announced the successful
completion of an angel financing round raising tens of millions of RMB.

 [](https://mmx.prnasia.com/media/MS1958747/20260727014836EDT_image_1.jpg?id=OA2794890&p=medium600)

The round was led by **Lotus Lake Ventures**, with participation from **Stars Capital,
Tainuo Capital, Blue Ocean Capital**, and renowned entrepreneur **Mr. Yousheng Shen**.
The proceeds will primarily support corporate development, focus on accelerating
IND filing and Phase I clinical trials for core pipeline asset **TPM004**, and further
refine the proprietary **PepTetris™** ultra-long-acting peptide technology platform
to continuously empower early-stage R&D pipelines.

"We are deeply grateful for the trust and support from our investors. R&D in metabolic
diseases is entering a new era. Significant unmet clinical needs remain regarding
patient compliance, enhanced efficacy, and better overall therapeutic experience.
At Torrey Pines Medicine, we will continue leveraging our proprietary platform to
engineer globally competitive, ultra-long-acting peptide therapeutics that provide
convenient and highly effective long-term management solutions for patients." said**
Dr. Qingsong Zhu**, Co-founder and Chief Executive Officer of Torrey Pines Medicine.

Representing the lead investor in this financing, **Kai Guo**, partner at **Lotus
Lake Ventures**, said, "We have long tracked global trends in metabolic innovation
and firmly believe that ultra-long-acting technology represents a critical frontier
for next-generation metabolic therapies. Torrey Pines Medicine combines a highly
experienced international leadership team with proprietary platform technologies
and a differentiated pipeline addressing significant unmet medical needs. We look
forward to supporting the company as it advances its lead programs into the clinic
and establishes itself as a globally recognized biotechnology company."

According to **Dr. Weijun Shen**, Co-founder and Chief Scientific Officer of Torrey
Pines Medicine, the development of truly next-generation peptide therapeutics requires
more than simply extending drug half-life. "Developing ultra-long-acting peptide
medicines requires a holistic optimization of molecular design, receptor pharmacology,
pharmacokinetics, manufacturability, and clinical translatability. Our objective
is not simply to prolong circulation time, but to engineer molecules that deliver
the optimal balance of efficacy, safety, dosing convenience, and developability."

**Dr. Nieng Yan**, President of the **Shenzhen Medical Academy of Research and Translation(
SMART)** and Director of **Shenzhen Bay Laboratory (SZBL)**, congratulated the company
on completing its angel financing. "We extend our warmest congratulations to Torrey
Pines Medicine on the successful completion of its angel financing. As a flagship
venture incubated by Shenzhen Bay Laboratory, Torrey Pines Medicine encapsulates
the deep integration of foundational research, technological innovation, and industrial
translation. We look forward to seeing them leverage their international team and
platform advantages to accelerate the translation of original scientific breakthroughs
into clinical applications."

**About Torrey Pines Medicine**

Torrey Pines Medicine is a pre-clinical-stage biotechnology company incubated by**
Shenzhen Bay Laboratory**, dedicated to developing next-generation ultra-long-acting
peptide therapeutics for obesity, type 2 diabetes, metabolic dysfunction-associated
steatotic liver disease (MASLD), and other chronic metabolic diseases. To address
key clinical unmet needs associated with current mainstream weight-loss treatments—
including gastrointestinal adverse events, muscle mass loss, poor long-term adherence,
and weight regain post-discontinuation—Torrey Pines Medicine is building an end-
to-end R&D engine focused on ultra-long-acting peptide novel drugs.

The company’s proprietary **PepTetris™** platform integrates AI-guided design, innovative
molecular engineering, half-life extension, and multi-target synergy. By significantly
extending in vivo exposure while maintaining pharmacological potency and minimizing
adverse reactions, **PepTetris™** enables the efficient development of monthly or
longer dosing regimen peptides. Lead asset **TPM004** is a next-generation ultra-
long-acting amylin/calcitonin dual receptor agonist (DACRA) targeted for key clinical
readout data in 2027. Preclinical studies demonstrate **TPM004** supports potential
monthly subcutaneous administration, exhibits superior weight-loss efficacy, delays
weight rebound post-treatment, and possesses high solubility and stability at physiological
pH, enabling co-formulation development with various GLP-1 therapeutics.

Torrey Pines Medicine boasts a core leadership team with over 20 years of experience
in innovative peptide drug development and commercialization. Team members bring
extensive domain expertise from leading global and domestic research institutions
and pharmaceutical enterprises, including Insilico Medicine, Novartis GNF, Scripps
Research – Calibr, Shenzhen Bay Laboratory, Peking University, and HEC Pharma. The
team’s comprehensive capabilities span the entire drug discovery and development
lifecycle, including target discovery, AI-assisted drug design, drug screening (
pharmacology, pharmacokinetics, CMC development), preclinical evaluation, IND regulatory
filings, and clinical trial execution, enabling seamless execution from bench to
bedside.

**About Lotus Lake Ventures**

Lotus Lake Ventures is a venture capital fund management institution equity-held
by Beijing Tsinghua Industrial R&D Institute. Reorganized in 2013 during the construction
of Tsinghua University’s tech transfer framework, Lotus Lake Ventures is one of 
China’s pioneer institutional investors systematically backing university tech transfer
and hard-tech innovation. Focusing on hard technology, healthcare, and advanced 
manufacturing, Lotus Lake Ventures targets early and growth-stage enterprises featuring
high barriers to entry and original innovation capabilities, having backed over 
100 portfolio companies.

**Contact us: **

Torrey Pines Medicine
Rm 813A, Building 1B,669 Beizhen Rd,Shenzhen, ChinaEmail: 
IR (at) tpmeds.com; BD (at) tpmeds.com

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