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    [{"orgOrder":0,"company":"Innovative Molecules","sponsor":"Life Sciences Partners","pharmaFlowCategory":"D","amount":"$23.7 million","upfrontCash":"Undisclosed","newsHeadline":"Innovative Molecules Raises \u20ac20 Million Series A Equity Financing Round","therapeuticArea":"Infections and Infectious Diseases","highestDevelopmentStatus":"Preclinical","country":"GERMANY","productType":"Small molecule","productStatus":"New Molecular Entity","date":"June 2021","url1":"","url2":"","graph1":"Infections and Infectious Diseases","graph2":"Preclinical"}]

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              Innovative Molecules Raises €20 Million Series A Equity Financing Round

              Details:

              The company will use the funds to advance its preclinical product candidate, IM-250, from the current late preclinical stage to a Phase 2 proof-of-concept study. IM-250 is a potent inhibitor of Herpes Simplex Virus type 1 (HSV-1) and type 2 (HSV-2) replication.

              Lead Product(s): IM-250

              Therapeutic Area: Infections and Infectious Diseases Product Name: IM-250

              Highest Development Status: Preclinical Product Type: Small molecule

              Partner/Sponsor/Collaborator: Life Sciences Partners

              Deal Size: $23.7 million Upfront Cash: Undisclosed

              Deal Type: Series A financing June 07, 2021

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