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Canbex Therapeutics Ltd 97 Tottenham Court Road W1T 4TP London http://www.canbex.co.uk/
Company logo of Canbex Therapeutics Ltd
Canbex Therapeutics Ltd

Canbex Therapeutics Completes £2.1m ($3.2m) Financing Round

(PresseBox) (London, )
Canbex Therapeutics Ltd announced today that it has completed a £2.1m ($3.2m) fundraising round that will enable the Company to complete the early development of its lead candidate for the treatment of spasticity in multiple sclerosis (MS). Merck Serono Ventures, the venture capital arm of Merck Serono, led the financing for this round.

"The goal of the Canbex programme is to set a new standard in the treatment of spasticity through improved tolerability," said Jesse Schulman, CEO of Canbex. "Spasticity is among the most serious and debilitating symptoms of MS. VSN16R, our lead investigational candidate, has the potential to make k nseszigimq ui nzesre fjsv UO."

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.