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            Details:

            Through financing, Vandria will focus on the development of lead CNS mitophagy drug candidate VNA-318, which has the potential to treat cognitive impairment, dementia, Alzheimer’s, and Parkinson’s Disease.

            Lead Product(s): VNA-318

            Therapeutic Area: Neurology Product Name: VNA-318

            Highest Development Status: IND Enabling Product Type: Small molecule

            Partner/Sponsor/Collaborator: Innosuisse

            Deal Size: $2.9 million Upfront Cash: Undisclosed

            Deal Type: Financing February 08, 2024

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            Through financing, Vandria will be focusing on the mitophagy drug candidate VNA-052 to generate pre-clinical data in Vandria’s muscle program for the treatment of sporadic inclusion body myositis.

            Lead Product(s): VNA-052

            Therapeutic Area: Immunology Product Name: VNA-052

            Highest Development Status: IND Enabling Product Type: Small molecule

            Partner/Sponsor/Collaborator: Eurostars

            Deal Size: $1.1 million Upfront Cash: Undisclosed

            Deal Type: Financing February 08, 2024

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            The net proceeds will be used to develop first-in-class small molecule mitophagy inducers, including VNA-318, against a novel target to rejuvenate cells and treat age-related and chronic diseases.

            Lead Product(s): VNA-318

            Therapeutic Area: Neurology Product Name: VNA-318

            Highest Development Status: IND Enabling Product Type: Small molecule

            Partner/Sponsor/Collaborator: ND Capital

            Deal Size: $20.6 million Upfront Cash: Undisclosed

            Deal Type: Series A Financing December 14, 2023

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