Friday, November 8, 2024
21 C
New York

iQure Pharma: Raises $600K in Early Closing of Series A

iQure Pharma Raises $600K in Early Closing of Series A

  • iQure Pharma, a Princeton, NJ-based biotech company, raised $600K in Early Closing as part of its Series A funding
  • The round was led by Keiretsu Mid-Atlantic, together with business angels associated with Keiretsu’s Accelerator Fund and the Keiretsu North-West chapter
  • The company intends to use the funds for research into neuropathic pain compounds
  • iQurePharma is focused on the development of therapeutics for neuropathic pain, epilepsy, and wider neurodegenerative diseases
  • The company aims to advance the preclinical development novel therapeutics iQ-007 and iQ-008
  • In particular, iQ-007 has demonstrated positive results in NIH ETSP tests, which show that the compound has the ability to treat pain, epilepsy, and potentially neurodegenerative diseases

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees

The Federal Trade Commission (FTC) has filed a...

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

Bank of New Zealand (BNZ) has acquired Auckland-based...

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

FE Fundinfo has acquired Matterhorn Reporting Services to...

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

UK-based regtech Konsentus has been selected by the...

Monument Technology Appoints New CTO and CCO to Strengthen BPaaS Offerings

Monument Technology, a UK-based provider of Banking-Platform-as-a-Service (BPaaS)...

Related Articles

Popular Categories

spot_imgspot_img