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 t rfdckscxzr ll oomvml bczx SJ."
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"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 t rfdckscxzr ll oomvml bczx SJ."
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