Structure Therapeutics

GPCRbiotechShanghai/San Francisco
Trials 7
Subs 1
People 1
Links 1

Executive Summary

Structure Therapeutics is a dual-headquartered biotech (Shanghai/SF) leveraging structural biology expertise for GPCR drug discovery, with a standout oral GLP-1 program advancing to Phase II. Led by world-renowned structural biologist Raymond Stevens, the company operates through a Shanghai subsidiary but maintains clear BIOSECURE status. Strong pipeline positioning in the massive obesity/metabolic market with differentiated structural approach makes this an attractive partnership target for US pharma seeking innovative GPCR programs.

Structure: US-listed company (GPCR) with dual headquarters in Shanghai and San Francisco, operating drug discovery activities through Structure Therapeutics (Shanghai) subsidiary. The 10-K filing mentions VIE disclosures, suggesting potential Variable Interest Entity structures for China operations that will require careful due diligence review.

Key People

NameTitleEducationFlags
Raymond Stevens
Co-Founder & ChairmanPhD, UC Berkeley; Professor at USC/Shanghai Tech

Ownership & Shareholder Structure

Structure Therapeutics Eli Lilly

deal_partner

Structure Therapeutics oral GLP-1 competes in Lilly's obesity market.

Subsidiaries & Affiliates(1)

EntityTypeJurisdictionScopeFlagsBIOSECURE
Structure Therapeutics (Shanghai)
operatingmainland chinaGPCR-focused drug discovery using structural biology and AI. Lead: oral GLP-1 agonist.NONE

Corporate Events

SEC
2026-02-26sec filing

Structure Therapeutics 10-K Annual Report

10-K annual report filed with SEC. Contains corporate structure, VIE disclosures, and risk factors.

RST
2025-09-01restructuring

Oral GLP-1 program advances to Phase II

Structure Therapeutics' oral GLP-1 receptor agonist advances. Competing in the massive obesity/metabolic market with differentiated structural biology approach.

Clinical Trials(7 total)

4

Phase 2

2

Phase 1

1

Phase 1, Phase 2

NCT IDInterventionsPhaseStatusEnrollment
NCT07400588Aleniglipron, PlaceboPh.2RECRUITING50
NCT07169942aleniglipron or placeboPh.2ACTIVE NOT RECRUITING71
NCT06703021aleniglipron or placebo, aleniglipron or placebo, aleniglipron or placebo, aleniglipron or placeboPh.2ACTIVE NOT RECRUITING82
NCT06693843Aleniglipron or Placebo, Aleniglipron or Placebo, Aleniglipron or Placebo, Aleniglipron, Aleniglipron, Aleniglipron, AleniglipronPh.2ACTIVE NOT RECRUITING220
NCT06139055GSBR-1290 (Capsule/Tablet), GSBR-1290, Placebo, Placebo (Capsule/Tablet)Ph.1UNKNOWN70
NCT05893043GSBR-1290, PlaceboPh.1COMPLETED18
NCT05762471GSBR-1290, PlaceboPh.1, Ph.2COMPLETED142

Top Publications (by citations)

Wnt/beta-catenin signaling: components, mechanisms, and diseases.

4470 citationsDev Cell2009

MacDonald BT, Tamai K, He X.

Molecular mechanisms and clinical applications of angiogenesis.

3930 citationsNature2011

Carmeliet P, Jain RK.

Cellular and molecular mechanisms of pain.

2861 citationsCell2009

Basbaum AI, Bautista DM, Scherrer G, Julius D.

Complement: a key system for immune surveillance and homeostasis.

2751 citationsNat Immunol2010

Ricklin D, Hajishengallis G, Yang K, Lambris JD.

Short Chain Fatty Acids (SCFAs)-Mediated Gut Epithelial and Immune Regulation and Its Relevance for Inflammatory Bowel Diseases.

2552 citationsFront Immunol2019

Parada Venegas D, De la Fuente MK, Landskron G, González MJ, Quera R, Dijkstra G, Harmsen HJM, Faber KN, Hermoso MA.

Prostaglandins and inflammation.

2458 citationsArterioscler Thromb Vasc Biol2011

Ricciotti E, FitzGerald GA.

High-resolution crystal structure of an engineered human beta2-adrenergic G protein-coupled receptor.

2429 citationsScience2007

Cherezov V, Rosenbaum DM, Hanson MA, Rasmussen SG, Thian FS, Kobilka TS, Choi HJ, Kuhn P, Weis WI, Kobilka BK, Stevens RC.

Activation and regulation of the inflammasomes.

2255 citationsNat Rev Immunol2013

Latz E, Xiao TS, Stutz A.

Pro-resolving lipid mediators are leads for resolution physiology.

2243 citationsNature2014

Serhan CN.

Resolving inflammation: dual anti-inflammatory and pro-resolution lipid mediators.

2080 citationsNat Rev Immunol2008

Serhan CN, Chiang N, Van Dyke TE.

BIOSECURE Risk

low

Company has clear BIOSECURE status with no BCC designation, and drug discovery operations do not fall under restricted categories

Mitigation: No specific mitigation needed given clear status, but dual China-US structure requires ongoing monitoring of regulatory changes

BD Intelligence

Pipeline Strength8/10
Deal Readiness8/10

Therapeutic Areas:

obesitymetabolic disordersGPCR-targeted therapeutics

Recent Deals: No specific recent out-licensing deals mentioned, suggesting potential availability for partnerships

Approach: Approach with focus on oral GLP-1 program and broader GPCR platform. Strong scientific leadership and advancing clinical programs suggest high partnering potential.

Red Flags

  • VIE structure complexity requiring detailed legal review
  • Dual China-US operations may face future regulatory scrutiny despite current clear status

Quick Facts

Key People
1
Subsidiaries
1
CDMO/CRO Subs
0
Genomics Subs
0
Direct BIOSECURE
0
Corp Events
2
Gov-Connected
0
Clinical Trials
7
Publications
10
Drug Molecules
0
Relationships
1

Sources & Methodology

Clinical trials data: ClinicalTrials.gov API v2 (7 trials linked to this entity)

SEC BIOSECURE filings: EDGAR EFTS full-text search (850+ filings from 230 companies)

Publications: Europe PMC API (10 publications indexed)

Drug molecules: ChEMBL database (European Bioinformatics Institute)

Financial data: East Money (东方财富) datacenter API / CNINFO (巨潮资讯网)

Corporate structure: Company official filings, HKEX/SSE/SZSE disclosures

Executive profiles: Company official biographies, SEC filings, LinkedIn (where verified)

Data is collected from public sources and updated weekly. Corporate intelligence is verified by a native Mandarin-speaking analyst against Chinese-language primary sources including Tianyancha (天眼查), GSXT (国家企业信用信息公示系统), and CNINFO (巨潮资讯网). This is not financial or legal advice.