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    FDA-&-EMA-New-Drug Approvals(Mid-2020 Recap)-insert
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              Gesynta Pharma

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              Gesynta raises SEK 190M in Round Led by Hadean Ventures to Accelerate Development of First-in-Class mPGES-1 Inhibitor GS-248

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              Lead Product(s): GS-248

              Therapeutic Area: Dermatology Product Name: GS-248

              Highest Development Status: Phase I Product Type: Small molecule

              Partner/Sponsor/Collaborator: Hadean Ventures

              Deal Size: $21.1 million Upfront Cash: Undisclosed

              Deal Type: Financing July 07, 2020

              Details:

              The investment enables Gesynta to fund continued development of lead candidate GS-248 in systemic sclerosis patients.

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