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
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.

You May Also Like

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment.Highlights: UniCredit invests $4 million in Blockinvest to...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services.Highlights: DTCC announces shift to public cloud...

SocGen Introduces Stablecoin for MetaMask Wallet Users

New offering enhances digital asset management for users.Highlights: SocGen's stablecoin is now available for MetaMask users.This move simplifies...

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...