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Details:
The net financing will be used in advancing Invirsa's lead product candidate, INV-102, derived from a naturally occurring small molecule, in a series of Phase 2 studies in conditions including acute infectious keratoconjunctivitis, dry eye disease, and Fuchs corneal dystrophy.
Lead Product(s): Nadolol
Therapeutic Area: Ophthalmology Product Name: INV-102
Highest Development Status: Phase IIProduct Type: Small molecule
Partner/Sponsor/Collaborator: CincyTech
Deal Size: $7.7 million Upfront Cash: Undisclosed
Deal Type: Series B Financing June 14, 2023