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              XWPharma

              • Deals

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              UNITED STATES United States

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              2ND EUROPEAN HEALTHTECH CEO FORUM

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              XWPharma Announces $40 Million Financing and Appoints Leonard Blum as Chief Executive Officer

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              Lead Product(s): XW10172

              Therapeutic Area: Sleep Product Name: XW10172

              Highest Development Status: Phase I Product Type: Small molecule

              Partner/Sponsor/Collaborator: Panacea Venture

              Deal Size: $40.0 million Upfront Cash: Undisclosed

              Deal Type: Series C Financing September 17, 2020

              Details:

              XWPharma expects to use proceeds to advance clinical development of the company’s lead investigational programs: XW10172, a GABAB receptor agonist intended for the treatment of sleep disorders in narcolepsy, Parkinson’s disease and other neurodegenerative diseases.

              Imbrium Therapeutics

              • Development Update

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              UNITED STATES United States

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              2ND EUROPEAN HEALTHTECH CEO FORUM

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              Imbrium Therapeutics Presents First Data and Describes Novel Mechanism of Action For IMB-115

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              Lead Product(s): IMB-115

              Therapeutic Area: Sleep Product Name: IMB-115

              Highest Development Status: Phase I Product Type: Small molecule

              Partner/Sponsor/Collaborator: Not Applicable

              Deal Size: Not Applicable Upfront Cash: Not Applicable

              Deal Type: Not Applicable August 28, 2020

              Details:

              IMB-115 is a novel, highly potent and selective partial agonist for nociceptin/orphanin-FQ peptide (NOP) receptors designed to promote sleep onset and maintenance at doses that show minimal or no residual next-day somnolence (drowsiness) or psychomotor impairment.

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