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Insu Therapeutics

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Namestring
Insu Therapeutics
Legal namestring
Insu Therapeutics Inc.
Company typeenum
Private
Founded yearstring
-
Descriptiontext

Insu Therapeutics Inc. is a Vancouver-based, privately held biopharmaceutical company and University of British Columbia research spinoff developing a proprietary, patent-pending buccal (inner-cheek) transmucosal drug-delivery platform positioned at Technology Readiness Level 5. The platform enables oral, needle-free administration of peptide therapeutics and is currently anchored by two lead programs: a Buccal Insulin Tablet (with completed preclinical animal studies in diabetic Wistar rat models demonstrating sustained glycemic control beyond the two-hour window typical of rapid-acting injectable insulin) and a Buccal Semaglutide Program (Phase I preclinical completed, Phase II studies approved by the UBC Research Ethics Board). The technology employs targeted hepatic delivery via portal circulation to mimic physiological insulin distribution while avoiding gastrointestinal degradation, and the shelf-stable, room-temperature formulation eliminates cold-chain requirements. The company is a portfolio company within Victory Square Technologies Inc.'s venture-builder ecosystem, with scientific leadership including CEO Ammad Shorbaji (25+ years at Sanofi), CMO Dr. Tom Elliott (endocrinologist, founder of BC Diabetes), CTO Dr. Yigong Guo (transmucosal drug delivery), and Board Chair Dr. Anubhav Pratap-Singh (inventor of the platform, 7+ patents, 100+ publications).

The business model is pre-revenue and contingent on out-licensing and commercialization partnerships. Insu has no commercial pricing, no approved products, and no direct sales force; the intended go-to-market is partner-led, exemplified by a $300,000 strategic investment from Hydreight Technologies in March 2026 in which Hydreight signaled intent to pursue preferred U.S. commercialization rights via its 50-state pharmacy network and VSDHOne licensee ecosystem. Future revenue streams are expected to derive from licensing/royalty arrangements, the planned construction of what would be the first insulin manufacturing facility in Canada, and direct commercialization of needle-free peptide therapies, with Phase I and II clinical trials slated for 2027 and 2028 and an FDA clinical submission targeted for early 2027. The pipeline extends beyond insulin and semaglutide to buccal GLP-1 agonists, testosterone, and growth hormones, leveraging shared formulation technology to create a multi-asset peptide platform rather than a single-product company.

Short descriptiontext

Insu Therapeutics is a Vancouver-based preclinical biotech developing a proprietary buccal drug-delivery platform for needle-free oral administration of peptide therapeutics, anchored by lead programs in buccal insulin and buccal semaglutide for diabetes and obesity patients.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersVancouver, Canada
HQ citystring
Vancouver
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
buccal drug delivery, peptide therapeutics, insulin formulation, transmucosal delivery, GLP-1 receptor agonists
Industry3 codes
1Therapeutic Peptides & Protein/Peptide Biologics
CodeHLAAAAAHPrimaryYes
2Antibody Discovery & Engineering Platforms (display tech, bispecifics, Fc engineering)
CodeHLAAAIABPrimaryNo
3Regulatory Strategy & IND/NDA/BLA Submissions Support
CodeHLAIALAHPrimaryNo
NAICS code1 code
  • Biological Product (except Diagnostic) Manufacturing325414
SIC code2 codes
  • Pharmaceutical Preparations2834
  • Biological Products, (No Disgnostic Substances)2836
Product category
Buccal Drug Delivery
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Pre-revenue / Future Commercialization Licensing
TypeLicensing Royalties
Description

Products remain in preclinical / Phase I/II development and have not been approved by regulatory authorities for commercial use. The company is pre-revenue and plans to monetize via licensing and commercialization partnerships (e.g., Hydreight intends to pursue preferred U.S. commercialization rights). Long-term monetization is expected through licensing/royalty arrangements, manufacturing (planned first insulin manufacturing facility in Canada), and direct commercialization of needle-free peptide therapies.

finance.yahoo.com
Cost components4 values
Technology or R&D, Personnel, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Insu Therapeutics is a Canadian biopharmaceutical company developing a proprietary, patent-pending buccal (inner-cheek) drug-delivery platform that enables needle-free, oral transmucosal administration of peptide therapeutics. The company's lead programs apply this platform to insulin and semaglutide (GLP-1 receptor agonist), with preclinical studies demonstrating systemic absorption and sustained glycemic control comparable to subcutaneous administration, while additional pipeline assets target testosterone, growth hormones, and other high-value peptides.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Insu Therapeutics operates as a single-product platform company with a multi-asset pipeline architecture. Its core offering is a proprietary, patent-pending buccal drug-delivery platform (TRL 5) that enables oral, needle-free administration of peptide therapeutics. The platform is currently anchored by the Buccal Insulin Tablet (its lead asset, with completed preclinical/animal studies and an FDA clinical submission targeted for early 2027) and the Buccal Semaglutide Program (which has completed Phase I preclinical studies and received approval to initiate Phase II studies). Beyond these lead programs, Insu Therapeutics is leveraging the same core buccal platform technology across a Multi-Asset Peptide Delivery Pipeline targeting additional indications such as testosterone, growth hormones, and other GLP-1 agonists, providing shared formulation technology, lifecycle management, and accelerated development pathways. The company is a University of British Columbia research spinoff based in Vancouver, BC, Canada.

Product and service4 records
1Proprietary Buccal Drug-Delivery Platform
CategoryDrug delivery platform technology
Description

A proprietary, patent-pending buccal (inner-cheek) transmucosal drug-delivery platform at TRL 5 that enables oral, needle-free administration of peptide therapeutics, with a targeted hepatic delivery pathway via portal circulation to mimic physiological insulin distribution. Intended for licensing partners and pharmaceutical collaborators.

2Buccal Insulin Tablet
CategoryPipeline asset - diabetes care
Description

Shelf-stable, room-temperature buccal insulin tablet applying the proprietary platform to insulin, showing in preclinical studies a pharmacodynamic onset profile comparable to subcutaneous insulin and sustained glycemic control beyond two hours, eliminating cold-chain requirements.

3Buccal Semaglutide Program
CategoryPipeline asset - GLP-1 receptor agonist
Description

Application of the buccal delivery platform to semaglutide (GLP-1 receptor agonist), having completed Phase I preclinical studies approved by UBC's Research Ethics Board and received approval to initiate Phase II studies, targeting diabetes/obesity indications.

4Multi-Asset Peptide Delivery Pipeline
CategoryPipeline expansion - peptide therapeutics
Description

Broader application of the buccal platform to additional high-value peptide drugs including buccal GLP-1 agonists, testosterone, and growth hormones, leveraging shared formulation technology for accelerated development and lifecycle management.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

India-based biosimilar insulin manufacturer with growing oral peptide ambitions; comparable multi-asset peptide pipeline play with global emerging-market distribution strengths.

TypeBroad incumbent
Description

Major insulin and diabetes franchise (Lantus, Toujeo, Soliqua) and Insu CEO Ammad Shorbaji's former employer. A natural strategic partner or acquirer for buccal insulin assets.

TypeEmerging player
Description

Specialty pharma with proprietary oral film and transmucosal delivery platforms (PharmFilm) that compete in the same needle-free, non-injectable drug delivery category as Insu's buccal tablets.

TypeBroad incumbent
Description

Major incumbent in diabetes (Humalog, Trulicity) and the leading GLP-1 player (Mounjaro, Zepbound). A likely strategic acquirer or competitor for any oral peptide delivery breakthrough.

TypeDirect peer
Description

Developer of the RaniPill capsule, an oral (swallowed) delivery system for biologics and peptides including octreotide and insulin. Direct competitor in oral/needle-free peptide delivery.

TypeDirect peer
Description

Pioneer in oral peptide delivery using the Eligen carrier (salcaprozate sodium), the same technology behind approved oral semaglutide. Direct comparable for oral peptide bioavailability platforms.

TypeBroad incumbent
Description

Global leader in insulin and GLP-1 receptor agonists (Ozempic, Rybelsus) and manufacturer of the semaglutide API Insu's buccal program is built on. Direct incumbent for oral peptide delivery space.

TypeEmerging player
Description

Clinical-stage company developing oral drug candidates for diabetes and metabolic disease, with pipeline overlap in oral peptide/GLP-1-adjacent indications.

TypeDirect peer
Description

Clinical-stage company developing an oral insulin capsule (ORMD-0801) and oral GLP-1 programs. Closest direct competitor to Insu's buccal peptide delivery approach for diabetes.

TypeDirect peer
Description

Focused on liver-targeted insulin delivery (Hepatic Directed Vesicle technology), closely aligned with Insu's targeted hepatic delivery mechanism via the portal route.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Insu Therapeutics

Buccal Drug Deliveryinsutherapeutics.ca

Insu Therapeutics is a Vancouver-based preclinical biotech developing a proprietary buccal drug-delivery platform for needle-free oral administration of peptide therapeutics, anchored by lead programs in buccal insulin and buccal semaglutide for diabetes and obesity patients.

What Insu Therapeutics does

Insu Therapeutics Inc. is a Vancouver-based, privately held biopharmaceutical company and University of British Columbia research spinoff developing a proprietary, patent-pending buccal (inner-cheek) transmucosal drug-delivery platform positioned at Technology Readiness Level 5. The platform enables oral, needle-free administration of peptide therapeutics and is currently anchored by two lead programs: a Buccal Insulin Tablet (with completed preclinical animal studies in diabetic Wistar rat models demonstrating sustained glycemic control beyond the two-hour window typical of rapid-acting injectable insulin) and a Buccal Semaglutide Program (Phase I preclinical completed, Phase II studies approved by the UBC Research Ethics Board). The technology employs targeted hepatic delivery via portal circulation to mimic physiological insulin distribution while avoiding gastrointestinal degradation, and the shelf-stable, room-temperature formulation eliminates cold-chain requirements. The company is a portfolio company within Victory Square Technologies Inc.'s venture-builder ecosystem, with scientific leadership including CEO Ammad Shorbaji (25+ years at Sanofi), CMO Dr. Tom Elliott (endocrinologist, founder of BC Diabetes), CTO Dr. Yigong Guo (transmucosal drug delivery), and Board Chair Dr. Anubhav Pratap-Singh (inventor of the platform, 7+ patents, 100+ publications).

The business model is pre-revenue and contingent on out-licensing and commercialization partnerships. Insu has no commercial pricing, no approved products, and no direct sales force; the intended go-to-market is partner-led, exemplified by a $300,000 strategic investment from Hydreight Technologies in March 2026 in which Hydreight signaled intent to pursue preferred U.S. commercialization rights via its 50-state pharmacy network and VSDHOne licensee ecosystem. Future revenue streams are expected to derive from licensing/royalty arrangements, the planned construction of what would be the first insulin manufacturing facility in Canada, and direct commercialization of needle-free peptide therapies, with Phase I and II clinical trials slated for 2027 and 2028 and an FDA clinical submission targeted for early 2027. The pipeline extends beyond insulin and semaglutide to buccal GLP-1 agonists, testosterone, and growth hormones, leveraging shared formulation technology to create a multi-asset peptide platform rather than a single-product company.

Insu Therapeutics firmographics

Firmographics
Name
Insu Therapeutics
Legal name
Insu Therapeutics Inc.
Website
https://insutherapeutics.ca
Company type
Private
Operating status
Operating
Headcount range
1–10 employees
Short description
Insu Therapeutics is a Vancouver-based preclinical biotech developing a proprietary buccal drug-delivery platform for needle-free oral administration of peptide therapeutics, anchored by lead programs in buccal insulin and buccal semaglutide for diabetes and obesity patients.
Ownership category
akta.pro rank

Insu Therapeutics industry classification

Industry
Product category
Buccal Drug Delivery
NAICS
Biological Product (except Diagnostic) Manufacturing (325414)
SIC
Pharmaceutical Preparations (2834), Biological Products, (No Disgnostic Substances) (2836)
akta.pro primary industry
Therapeutic Peptides & Protein/Peptide Biologics (HLAAAAAH)
akta.pro secondary industries
Antibody Discovery & Engineering Platforms (display tech, bispecifics, Fc engineering) (HLAAAIAB), Regulatory Strategy & IND/NDA/BLA Submissions Support (HLAIALAH)

Keywords

  • Buccal drug delivery
  • Peptide therapeutics
  • Insulin formulation
  • Transmucosal delivery
  • GLP-1 receptor agonists

Where Insu Therapeutics is headquartered

Location

Headquarters

HQ city
Vancouver
HQ country
Canada
HQ region
North America

Markets served

Insu Therapeutics business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

  1. Pre-revenue / Future Commercialization Licensing: Products remain in preclinical / Phase I/II development and have not been approved by regulatory authorities for commercial use. The company is pre-revenue and plans to monetize via licensing and commercialization partnerships (e.g., Hydreight intends to pursue preferred U.S. commercialization rights). Long-term monetization is expected through licensing/royalty arrangements, manufacturing (planned first insulin manufacturing facility in Canada), and direct commercialization of needle-free peptide therapies.

Go-to-market motion2 records

Insu Therapeutics product offering

Product offering

Core offering

Insu Therapeutics is a Canadian biopharmaceutical company developing a proprietary, patent-pending buccal (inner-cheek) drug-delivery platform that enables needle-free, oral transmucosal administration of peptide therapeutics. The company's lead programs apply this platform to insulin and semaglutide (GLP-1 receptor agonist), with preclinical studies demonstrating systemic absorption and sustained glycemic control comparable to subcutaneous administration, while additional pipeline assets target testosterone, growth hormones, and other high-value peptides.

Product overview

Insu Therapeutics operates as a single-product platform company with a multi-asset pipeline architecture. Its core offering is a proprietary, patent-pending buccal drug-delivery platform (TRL 5) that enables oral, needle-free administration of peptide therapeutics. The platform is currently anchored by the Buccal Insulin Tablet (its lead asset, with completed preclinical/animal studies and an FDA clinical submission targeted for early 2027) and the Buccal Semaglutide Program (which has completed Phase I preclinical studies and received approval to initiate Phase II studies). Beyond these lead programs, Insu Therapeutics is leveraging the same core buccal platform technology across a Multi-Asset Peptide Delivery Pipeline targeting additional indications such as testosterone, growth hormones, and other GLP-1 agonists, providing shared formulation technology, lifecycle management, and accelerated development pathways. The company is a University of British Columbia research spinoff based in Vancouver, BC, Canada.

Differentiator

Problem solved

Functional benefit

Products and services

  • Proprietary Buccal Drug-Delivery Platform A proprietary, patent-pending buccal (inner-cheek) transmucosal drug-delivery platform at TRL 5 that enables oral, needle-free administration of peptide therapeutics, with a targeted hepatic delivery pathway via portal circulation to mimic physiological insulin distribution. Intended for licensing partners and pharmaceutical collaborators.
  • Buccal Insulin Tablet Shelf-stable, room-temperature buccal insulin tablet applying the proprietary platform to insulin, showing in preclinical studies a pharmacodynamic onset profile comparable to subcutaneous insulin and sustained glycemic control beyond two hours, eliminating cold-chain requirements.
  • Buccal Semaglutide Program Application of the buccal delivery platform to semaglutide (GLP-1 receptor agonist), having completed Phase I preclinical studies approved by UBC's Research Ethics Board and received approval to initiate Phase II studies, targeting diabetes/obesity indications.
  • Multi-Asset Peptide Delivery Pipeline Broader application of the buccal platform to additional high-value peptide drugs including buccal GLP-1 agonists, testosterone, and growth hormones, leveraging shared formulation technology for accelerated development and lifecycle management.

Companies that use Insu Therapeutics

Customer profile

Ideal customer profiles2 records

Insu Therapeutics technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Insu Therapeutics partnerships and signals

Strategic signal

Recent moves6 records

Expansion highlights5 records

Insu Therapeutics competitors and assessment

Company assessment

Emerging players

  • Biocon: India-based biosimilar insulin manufacturer with growing oral peptide ambitions; comparable multi-asset peptide pipeline play with global emerging-market distribution strengths.
  • Aquestive Therapeutics: Specialty pharma with proprietary oral film and transmucosal delivery platforms (PharmFilm) that compete in the same needle-free, non-injectable drug delivery category as Insu's buccal tablets.
  • Lexicon Pharmaceuticals: Clinical-stage company developing oral drug candidates for diabetes and metabolic disease, with pipeline overlap in oral peptide/GLP-1-adjacent indications.

Broad incumbents

  • Sanofi: Major insulin and diabetes franchise (Lantus, Toujeo, Soliqua) and Insu CEO Ammad Shorbaji's former employer. A natural strategic partner or acquirer for buccal insulin assets.
  • Eli Lilly: Major incumbent in diabetes (Humalog, Trulicity) and the leading GLP-1 player (Mounjaro, Zepbound). A likely strategic acquirer or competitor for any oral peptide delivery breakthrough.
  • Novo Nordisk: Global leader in insulin and GLP-1 receptor agonists (Ozempic, Rybelsus) and manufacturer of the semaglutide API Insu's buccal program is built on. Direct incumbent for oral peptide delivery space.

Direct peers

  • Rani Therapeutics: Developer of the RaniPill capsule, an oral (swallowed) delivery system for biologics and peptides including octreotide and insulin. Direct competitor in oral/needle-free peptide delivery.
  • Emisphere Technologies: Pioneer in oral peptide delivery using the Eligen carrier (salcaprozate sodium), the same technology behind approved oral semaglutide. Direct comparable for oral peptide bioavailability platforms.
  • Oramed Pharmaceuticals: Clinical-stage company developing an oral insulin capsule (ORMD-0801) and oral GLP-1 programs. Closest direct competitor to Insu's buccal peptide delivery approach for diabetes.
  • Diasome Pharmaceuticals: Focused on liver-targeted insulin delivery (Hepatic Directed Vesicle technology), closely aligned with Insu's targeted hepatic delivery mechanism via the portal route.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Insu Therapeutics social profiles

Digital presence

Insu Therapeutics financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Insu Therapeutics leadership team

Management profile

Number of profiles

Profiles5 records

Insu Therapeutics funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Insu Therapeutics M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Insu Therapeutics

What does Insu Therapeutics do?

Insu Therapeutics is a Canadian biopharmaceutical company developing a proprietary, patent-pending buccal (inner-cheek) drug-delivery platform that enables needle-free, oral transmucosal administration of peptide therapeutics. The company's lead programs apply this platform to insulin and semaglutide (GLP-1 receptor agonist), with preclinical studies demonstrating systemic absorption and sustained glycemic control comparable to subcutaneous administration, while additional pipeline assets target testosterone, growth hormones, and other high-value peptides.

Is Insu Therapeutics a public or private company?

Insu Therapeutics is a private company. It is classified as venture growth investor backed and is currently operating.

When was Insu Therapeutics founded?

Insu Therapeutics was founded in -1. It employs 1 to 10 people.

Where is Insu Therapeutics based?

Insu Therapeutics is headquartered in Vancouver, Canada, in the North America region.

How does Insu Therapeutics make money?

One revenue line is on record: pre-revenue / Future Commercialization Licensing.

Who are Insu Therapeutics's main competitors?

Emerging players on record are Biocon, Aquestive Therapeutics and Lexicon Pharmaceuticals. Broad incumbents are Sanofi, Eli Lilly and Novo Nordisk. Direct peers are Rani Therapeutics, Emisphere Technologies, Oramed Pharmaceuticals and Diasome Pharmaceuticals.

Does Insu Therapeutics have an API?

No public API is recorded for Insu Therapeutics.

What industry is Insu Therapeutics in?

Insu Therapeutics's product category is Buccal Drug Delivery. Its primary akta.pro industry code is HLAAAAAH, Therapeutic Peptides & Protein/Peptide Biologics, with a secondary code of HLAAAIAB, Antibody Discovery & Engineering Platforms (display tech, bispecifics, Fc engineering). Its NAICS code is 325414 and its SIC code is 2834.

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Live signals
PR NewswireVictory Square Announces U.S. Patent Allowance for Insu Therapeutics' Needle-Free Insulin and GLP-1 Delivery PlatformInsu Therapeutics received a USPTO Notice of Allowance for a patent on its buccal peptide-delivery technology, advancing InsuTab (insulin) and BuccaGLP (semaglutide). The allowance clears substantive examination, with issuance pending fees and formalities. Insu holds an exclusive UBC license and Hydreight has exclusive U.S. distribution rights.PR NewswireVictory Square Technologies Reports First-Half 2026 Revenue of $53.0 Million and Net Income of $6.5 MillionVictory Square Technologies reported Q2 2026 revenue of $28.0 million, up 421% year-over-year, and H1 revenue of $53.0 million, up 434%. Net income was $2.5 million for Q2 and $6.5 million for H1, with cash at $20.2 million and working capital at $34.5 million.NewswireHydreight Provides Business Update on its Peptide Healthcare Platform Following Recent FDA Advisory Committee RecommendationsHydreight Technologies provided an update on its peptide healthcare platform after the FDA's Pharmacy Compounding Advisory Committee recommended six peptide substances for potential inclusion on the Section 503A Bulks List. The company's platform supports GLP-1 therapies, Sermorelin, and Ipamorelin, with over 12,000 VSDHOne licenses sold. Hydreight will continue expanding its physician, pharmacy, and technology infrastructure.PR NewswireHydreight Provides Business Update on its Peptide Healthcare Platform Following Recent FDA Advisory Committee RecommendationsHydreight Technologies provided an update on its peptide healthcare platform after the FDA's Pharmacy Compounding Advisory Committee recommended six peptide substances for potential inclusion on the Section 503A Bulks List. The company, which already supports peptide-based treatments like GLP-1s and Sermorelin, said the recommendations reinforce its strategy and will continue investing in its physician, pharmacy, and technology infrastructure.TradingViewVictory Square Reports Q1 2026 Financial Results and Provides Portfolio UpdateVictory Square Technologies Inc. reported Q1 2026 financial results for the three months ended March 31, 2026, with revenue increasing to $24.9 million from $4.5 million in Q1 2025, gross profit rising to $5.1 million, and net income totaling approximately $3.9 million. The company's cash and marketable securities position strengthened to approximately $31 million at quarter-end, with financial performance driven primarily by Hydreight Technologies, Victory Square's largest operating subsidiary and core healthcare infrastructure platform. Notable portfolio developments included continued expansion of Hydreight's healthcare platform, completion of Phase I preclinical studies for Insu Therapeutics' buccal semaglutide delivery program with Phase II approval, and the launch of Pawsible Ventures' pet-health platform initiatives.NewswireVictory Square Reports Q1 2026 Financial Results and Provides Portfolio UpdateVictory Square reported Q1 2026 revenue of $24.9 million, up from $4.5 million, and net income of $3.9 million. Cash and marketable securities rose to about $31 million. The company highlighted Hydreight's platform growth, Insu's Phase II approval, and Pawsible's pet-health launch.FinimizeHydreight Takes A Strategic Stake In Insu TherapeuticsHydreight Technologies invested $300,000 in Insu Therapeutics through a strategic stake purchase of 800,000 units at $0.375 per unit, with each unit comprising a common share plus a two-year warrant to purchase additional shares at $1. The deal was funded 50% in cash and 50% in Hydreight shares, designed to preserve Hydreight's cash while establishing a strategic tie-up with the biotech firm developing a buccal delivery platform for peptide drugs. Insu Therapeutics has completed insulin animal studies and has semaglutide studies underway, targeting an FDA clinical submission in early 2027.YahooHydreight Technologies Closes Strategic Investment in Insu TherapeuticsHydreight Technologies Inc. has closed a $300,000 strategic investment in Insu Therapeutics Inc. through the acquisition of 800,000 units at $0.375 per unit. The investment provides Hydreight early exposure to emerging peptide delivery technologies, including Insu's novel buccal delivery platform. The transaction aligns with Hydreight's broader platform and ecosystem strategy as it continues expanding its national pharmacy network and telehealth infrastructure across all 50 U.S. states.NewswireHydreight Technologies Inc. Announces Strategic Investment in Insu Therapeutics to Advance Needle-Free Peptide Delivery TechnologyHydreight Technologies Inc. announced on March 4, 2026, a strategic investment of $300,000 in Insu Therapeutics Inc. to advance Insu's patent-pending buccal drug-delivery platform for needle-free administration of peptide therapeutics, including GLP-1 agonists and insulin. Under the subscription agreement, Hydreight will acquire 800,000 units at $0.375 per unit, consisting of common shares and warrants, with consideration split 50% cash and 50% in Hydreight common shares, subject to TSX Venture Exchange approval. Insu has completed Phase I preclinical studies on its buccal semaglutide formulation and received Research Ethics Board approval from the University of British Columbia to initiate Phase II animal studies.YahooHydreight Technologies Inc. Announces Strategic Investment in Insu Therapeutics to Advance Needle-Free Peptide Delivery TechnologyHydreight Technologies Inc. announced a strategic investment of $300,000 in Insu Therapeutics Inc. on March 4, 2026, acquiring 800,000 units at $0.375 per unit, structured as 50% cash and 50% in Hydreight common shares, subject to TSX Venture Exchange approval. Insu is a biopharmaceutical company developing a patent-pending buccal drug-delivery platform for needle-free administration of peptide therapeutics including insulin and GLP-1 receptor agonists, having completed Phase I studies and received Research Ethics Board approval from the University of British Columbia to initiate Phase II studies. Hydreight intends to pursue preferred U.S. commercialization rights for products utilizing Insu's delivery platform through its 50-state pharmacy network and VSDHOne licensee ecosystem.