Philadelphia, USA-based Reunion Neuroscience, a company developing psychedelics for the treatment of mental health conditions, has announced the closing of a $103 million Series A financing.
The funding was co-led by MPM BioImpact (which took Reunion private last year in a $13 million deal) and Novo Holdings, with participation from Arkin Bio Capital, Mitsui & Co Global Investment, Plaisance Capital, FemHealth Ventures, and Palo Santo.
“This financing is a significant milestone for Reunion Neuroscience, and we are grateful to have the backing of MPM BioImpact and Novo Holdings, as well as a syndicate composed of top-tier institutional healthcare investors,” said Greg Mayes, president and chief executive of Reunion.
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