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3Daughters Secures Oversubscribed Seed Round for Women's Health Innovation
Jul 11, 2024•almost 2 years ago
Contract Type
partnership
Fort LauderdaleOtherManufacturingPharmaceutical Manufacturing
Description
3Daughters, Inc. announced the successful completion of an oversubscribed Seed financing round of $4.7M, highlighting the growing significance and need for innovation in Women’s Health and particularly for contraception. The funding will support preclinical development through an IND filing in early 2025, with a focus on improving therapies for women.
Company Information
Company
3Daughters
Location
401 N Birch Road
Fort Lauderdale, Florida, United States
About
3Daughters is a clinical development company focused on Evolutionary Healthcare for Women. Our first evolution is a frameless, magnetic, nonhormonal intrauterine device (IUD) based on physics and geometry for long-acting contraception. Our unique IUD was designed to improve upon the outdated T-shape frame of current IUDs that causes pain, perforation and expulsion. These problems lead to a ‘fear factor’ for women and practitioners inserting the device. Current IUDs also require dangling strings for retrieval- a nuisance factor for women and their partners.
Fort LauderdaleOtherManufacturingPharmaceutical Manufacturing