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            Lead Product(s): Cladribine

            Therapeutic Area: Neurology Product Name: CRD1

            Highest Development Status: Undisclosed Product Type: Small molecule

            Partner/Sponsor/Collaborator: Omega Funds

            Deal Size: $16.0 million Upfront Cash: Undisclosed

            Deal Type: Series A Financing October 13, 2020

            Details:

            The financing will allow the company to progress CRD1 through Phase 2 proof of concept clinical development. The potential of CRD1 to address unmet medical needs in rare autoimmune disorders was identified by Chord Therapeutics‘ founder, Dr. Arthur Roach.