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[{"orgOrder":0,"company":"Cyrano Therapeutics","sponsor":"DeepWork Capital","pharmaFlowCategory":"D","amount":"$9.0 million","upfrontCash":"Undisclosed","newsHeadline":"Cyrano Therapeutics Secures $9.0 Million Series B Financing to Advance Clinical Development of CYR-064 for Treatment of Post-Viral Smell Loss","therapeuticArea":"Otolaryngology (Ear, Nose, Throat)","highestDevelopmentStatus":"Phase II","country":"U.S.A","productType":"Small molecule","productStatus":"Approved","date":"January 2024","url1":"","url2":"","graph1":"Otolaryngology (Ear, Nose, Throat)","graph2":"Phase II"}]

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            Cyrano intends to use the proceeds to advance FLAVOR, its Phase 2, double-blind, randomized clinical trial of CYR-064, an intranasal theophylline spray therapy to treat patients who have lost their sense of smell following recovery from a viral infection.

            Lead Product(s): Theophylline

            Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: CYR-064

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: DeepWork Capital

            Deal Size: $9.0 million Upfront Cash: Undisclosed

            Deal Type: Series B Financing January 16, 2024

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