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    Acesion Pharma Closes Oversubscribed €45M Series B Financing Round to Advance Development of Novel Therapy for Atrial Fibrillation

    Details:

    The financing will be used to advance the clinical development of AP31969, an SK ion channel inhibitor optimised for chronic oral treatment of atrial fibrillation.


    Lead Product(s): AP31969

    Therapeutic Area: Cardiology/Vascular Diseases Product Name: AP31969

    Highest Development Status: PreclinicalProduct Type: Small molecule

    Partner/Sponsor/Collaborator: Canaan

    Deal Size: $47.6 million Upfront Cash: Undisclosed

    Deal Type: Series B Financing September 26, 2023

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    Acesion Pharma Announces Positive Pre-Clinical Data for AP31969

    Details:

    AP31969 is the second-generation oral SK ion channel inhibitor, which is being developed for chronic oral maintenance treatment to prevent AF recurrence.


    Lead Product(s): AP31969

    Therapeutic Area: Cardiology/Vascular Diseases Product Name: AP31969

    Highest Development Status: IND EnablingProduct Type: Small molecule

    Partner/Sponsor/Collaborator: Not Applicable

    Deal Size: Not Applicable Upfront Cash: Not Applicable

    Deal Type: Not Applicable May 15, 2023

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    Positive Phase 2 Data from Atrial Fibrillation Clinical Trial – Primary Endpoint Met

    Details:

    AP30663 is a first-in-class SK ion channel inhibitor for conversion of AF to normal sinus rhythm. It is being developed for the treatment of atrial fibrillation.


    Lead Product(s): AP30663

    Therapeutic Area: Cardiology/Vascular Diseases Product Name: AP30663

    Highest Development Status: Phase IIProduct Type: Small molecule

    Partner/Sponsor/Collaborator: Not Applicable

    Deal Size: Not Applicable Upfront Cash: Not Applicable

    Deal Type: Not Applicable March 14, 2023

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