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Details:
The award will allow for the completion of Investigational New Drug enabling studies. Specifically, the funds will be utilized for the manufacturing of LUT017 active pharmaceutical ingredient and the final formulated drug product (LUT017 gel) to supply the proposed studies.
Lead Product(s): LUT017
Therapeutic Area: Trauma (Emergency, Injury, Surgery) Product Name: LUT017
Highest Development Status: IND EnablingProduct Type: Small molecule
Partner/Sponsor/Collaborator: California Institute of Regenerative Medicine
Deal Size: $5.0 million Upfront Cash: Undisclosed
Deal Type: Funding October 24, 2022