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[{"orgOrder":0,"company":"Resalis Therapeutics","sponsor":"Claris Ventures","pharmaFlowCategory":"D","amount":"$10.6 million","upfrontCash":"Undisclosed","newsHeadline":"Resalis Therapeutics Announces Seed Financing of \u20ac10 Million to Fund Non-coding RNA-based Therapeutics for Metabolic Diseases","therapeuticArea":"Nutrition and Weight Loss","highestDevelopmentStatus":"Preclinical","country":"ITALY","productType":"Large molecule","productStatus":"New Molecular Entity","date":"February 2023","url1":"","url2":"","graph1":"Nutrition and Weight Loss","graph2":"Preclinical"},{"orgOrder":0,"company":"Resalis Therapeutics","sponsor":"Sunstone Life Science Ventures","pharmaFlowCategory":"D","amount":"$11.0 million","upfrontCash":"Undisclosed","newsHeadline":"Resalis Therapeutics Raises \u20ac10 Million Series A to Complete First Clinical Trial for RES-010 in Obesity","therapeuticArea":"Nutrition and Weight Loss","highestDevelopmentStatus":"IND Enabling","country":"ITALY","productType":"Large molecule","productStatus":"New Molecular Entity","date":"January 2024","url1":"","url2":"","graph1":"Nutrition and Weight Loss","graph2":"IND Enabling"}]

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            Details:

            The proceeds will be used to initiate and complete the first-in-human Phase 1 clinical trial and reach Phase 2 readiness for Resalis’ lead program, RES-010, a non-coding RNA-based compound, in obesity.

            Lead Product(s): RES-010

            Therapeutic Area: Nutrition and Weight Loss Product Name: RES-010

            Highest Development Status: IND Enabling Product Type: Large molecule

            Partner/Sponsor/Collaborator: Sunstone Life Science Ventures

            Deal Size: $11.0 million Upfront Cash: Undisclosed

            Deal Type: Series A Financing January 04, 2024

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            Details:

            The funding will support the finalization of IND-enabling studies for the company’s lead program, RES-010, which Resalis will initially develop as a novel treatment for obesity and nonalcoholic fatty liver disease (NAFLD).

            Lead Product(s): Non-Coding RNA-Based Therapy

            Therapeutic Area: Nutrition and Weight Loss Product Name: RES-010

            Highest Development Status: Preclinical Product Type: Large molecule

            Partner/Sponsor/Collaborator: Claris Ventures

            Deal Size: $10.6 million Upfront Cash: Undisclosed

            Deal Type: Financing February 22, 2023

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