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    Sparian Biosciences Awarded $19 Million Five-Year NIH/ NIDA Grant to Fund Development of SBS-518 for Stimulant Use Disorder Through Phase 1 Clinical Dev...

    Details:

    The net proceeds will be used to fund development of SBS-518, a first-in-class dual sigma receptor (SR) antagonist/dopamine transporter (DAT) inhibitor in development for the treatment of stimulant use disorder, from IND submission through Phase 1 clinical development.


    Lead Product(s): SBS-518

    Therapeutic Area: Psychiatry/Psychology Product Name: SBS-518

    Highest Development Status: IND EnablingProduct Type: Small molecule

    Partner/Sponsor/Collaborator: National Institutes of Health

    Deal Size: $19.0 million Upfront Cash: Undisclosed

    Deal Type: Funding August 08, 2023

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