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The funding is intended to support the clinical advancement of the company's investigational product NE3107 (bezisterim), which is currently undergoing evaluation in early-stage clinical trials for treating Covid-19.
Lead Product(s): Bezisterim
Therapeutic Area: Infections and Infectious Diseases Product Name: NE3107
Highest Development Status: Phase I Product Type: Small molecule
Partner/Sponsor/Collaborator: U.S. Department of Defense
Deal Size: $13.1 million Upfront Cash: Undisclosed
Deal Type: Funding April 29, 2024