Kuria Therapeutics: Closes Initial Funding Round

Kuria Therapeutics Closes Initial Funding Round

  • Kuria Therapeutics, a Little Rock, Ark.-based pharmaceutical company developing novel ophthalmic and dermal therapeutics, closed its first fundraising round
  • The amount of the deal was not disclosed
  • The company intends intends to use the funds to advance R&D activities to support ongoing preclinical development activities ahead of a planned Series A raise
  • This round will support selection of a lead ophthalmic formulation, preclinical proof-of-concept studies, and initiation of key manufacturing activities for IND-enabling work and future clinical studies
  • KuriaTherapeutics is a pharmaceutical company dedicated to the development of novel therapeutics for ophthalmic and dermal disease
  • Its lead product candidate is a topical ophthalmic formulation of SCO-116, a novel Nrf2 activator being developed under a license from Scohia Pharma
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.

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