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    Spiral Therapeutics Completes $8.25M Financing and Initiates Phase 2 Trial in Meniere's Disease

    Details:

    SPT-2101 is a sustained-release steroid formulation designed for precise inner ear administration using Spiral's novel delivery procedure. Spiral recently completed enrollment of an open label pilot clinical study of SPT-2101 in 10 patients with Meniere's disease.


    Lead Product(s): SPT-2101

    Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: SPT-2101

    Highest Development Status: Phase IProduct Type: Small molecule

    Partner/Sponsor/Collaborator: Savoir Capital

    Deal Size: $8.2 million Upfront Cash: Undisclosed

    Deal Type: Financing January 10, 2023

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