Lead Product(s): Pridopidine
Therapeutic Area: Genetic Disease Product Name: Undisclosed
Highest Development Status: Phase III Product Type: Small molecule
Partner/Sponsor/Collaborator: Morningside Venture
Deal Size: $62.5 million Upfront Cash: Undisclosed
Deal Type: Series A Financing June 03, 2020
The proceeds will fund two late-stage trials, which could lead to the registration of pridopidine for the treatment of HD and ALS. Pridopidine is a highly selective sigma-1 receptor (S1R) agonist.