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

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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
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