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Data Center News > Blog > Investments > Remedy Plan Therapeutics Raises $18M Financing
Investments

Remedy Plan Therapeutics Raises $18M Financing

Last updated: May 14, 2025 3:53 am
Published May 14, 2025
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Remedy Plan Therapeutics, a Gaithersburg, MD-based clinical-stage pharmaceutical firm creating new, hyperbolic NAMPT inhibitors, raised $18M in funding.

Backers included Schooner Capital, Alexandria Enterprise Investments, and different current traders.

The corporate intends to make use of the funds to accelerates development of RPT1G, a novel NAMPT inhibitor, right into a Section 1/2 trial in sufferers with acute myeloid leukemia (AML) and high-risk myelodysplastic syndromes (MDS)

Led by CEO and Founder Greg Crimmins, Treatment Plan Therapeutics is a privately-held, clinical-stage pharmaceutical firm creating new, hyperbolic NAMPT inhibitors. It’s dysregulated in additional than 20 illnesses spanning oncology, autoimmunity, and metabolic issues. Earlier efforts by others to inhibit NAMPT exercise resulted in extreme on-target toxicities in wholesome tissues, which prevented significant scientific exercise.

It has developed an strategy to NAMPT inhibition that by no means totally turns NAMPT exercise off. This selectively avoids on-target toxicity in wholesome tissues whereas nonetheless meaningfully inhibiting NAMPT exercise in diseased cells.

FinSMEs

13/05/2025

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See also  Stratasys Raises $120M Equity Investment from Fortissimo Capital
TAGGED: 18M, Financing, Plan, Raises, Remedy, Therapeutics
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