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Data Center News > Blog > Investments > Neurenati Therapeutics Closes Second Seed Financing of $1.7M
Investments

Neurenati Therapeutics Closes Second Seed Financing of $1.7M

Last updated: April 19, 2024 12:45 am
Published April 19, 2024
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Neurenati Therapeutics, a Montreal, Québec, Canada-based biotech firm devoted to creating therapies for uncommon ailments, raised $1.38M in funding.

Quebec Authorities made the funding by way of its Impulsion PME program. Angels participated within the second shut.

The corporate intends to make use of the funds to successfully advance NEU-001 towards scientific trials.

Led by CEO and President Maxime Ranger, Neurenati Therapeutics is a biotech firm devoted to creating therapies for uncommon ailments. The primary know-how targets Hirschsprung illness (HSCR), a life-threatening gastrointestinal (GI) beginning defect characterised by the shortage of nerves in components of the decrease GI tract.

NEU-001 is a proposed first-in-class remedy to deal with Hirschsprung’s illness, a uncommon gastrointestinal illness affecting roughly 1,300 newborns in North America every year.

Neurenati nonetheless targets the tip of 2025 to file a scientific trial utility in Canada and the US. Furthermore, the corporate is all the time searching for different applied sciences within the discipline of uncommon ailments, particularly in pediatrics.

FinSMEs

18/04/2024


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See also  Applied Labs Raises $4.2M in Seed Funding
TAGGED: 1.7M, Closes, Financing, Neurenati, Seed, Therapeutics
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