CinDome Pharma announces Series B financing extension
Cincinnati, USA-based CinDome Pharma, a CinRx portfolio company dedicated to advancing a safe, chronic therapy for gastroparesis, today announced a $40 million Series B financing extension.
The company noted that the additional funds from existing investors, including Perceptive Advisors and CinRx Pharma, bring the Series B raise total to $59 million.
The capital will support the ongoing enrollment and evaluation of deudomperidone in the Phase II envision3D study in adults with diabetic gastroparesis and position the company for registrational trials.
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