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Details:
The company intends to use the net proceeds for the advancement of its phase 2 trial evaluating, TH104 (nalmefene) for the treatment of moderate-to-severe cholestatic pruritis in primary biliary cholangitis.
Lead Product(s): Nalmefene Hydrochloride
Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: TH104
Highest Development Status: Phase IProduct Type: Small molecule
Partner/Sponsor/Collaborator: ThinkEquity
Deal Size: $11.0 million Upfront Cash: Undisclosed
Deal Type: Public Offering November 30, 2023
Details:
TH104 is a product which has been developed by embedding drug onto a proprietary transmucosal buccal film which adheres to the inside of the mouth. It isbeing evaluated for the treatment of chronic pruritis in primary biliary cholangitis (PBC).
Lead Product(s): TH104
Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: TH104
Highest Development Status: Phase IProduct Type: Small molecule
Partner/Sponsor/Collaborator: Not Applicable
Deal Size: Not Applicable Upfront Cash: Not Applicable
Deal Type: Not Applicable November 27, 2023