Proceeds dedicated to advance Herpes simplex treatment IM-250 to Phase II
IM-250 demonstrates unprecedented impact on viral reservoir in preclinical studies
Innovative Molecules GmbH, a German, Munich-based drug development company focused on developing next-generation treatments for Herpes simplex-induced diseases, today announced the closing of its €20 million Series A equity financing round led by LSP (Life Sciences Partners).
The company will use the funds to advance its preclinical product candidate, IM-250, from the current late preclinical stage to a Phase 2 proof-of-concept study.
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