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[{"orgOrder":0,"company":"Kenai Therapeutics","sponsor":"Alaska Permanent Fund Corporation","pharmaFlowCategory":"D","amount":"$82.0 million","upfrontCash":"Undisclosed","newsHeadline":"Kenai Therapeutics Announces $82 Million Series A Financing to Advance Next Generation Allogeneic Cell Therapies for Neurological Diseases","therapeuticArea":"Neurology","highestDevelopmentStatus":"Preclinical","country":"U.S.A","productType":"Cell and Gene therapy","productStatus":"New Molecular Entity","date":"February 2024","url1":"","url2":"","graph1":"Neurology","graph2":"Preclinical"}]

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            The financed Proceeds will be used for the clinical development of the lead candidate, RNDP-001, an iPSC-derived, allogeneic dopamine progenitor cell therapy. Which is currently evaluated in the preclinical studies for the treatment of Parkinson’s disease.

            Lead Product(s): RNDP-001

            Therapeutic Area: Neurology Product Name: RNDP-001

            Highest Development Status: Preclinical Product Type: Cell and Gene therapy

            Partner/Sponsor/Collaborator: Alaska Permanent Fund Corporation

            Deal Size: $82.0 million Upfront Cash: Undisclosed

            Deal Type: Series A Financing February 29, 2024

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