Corxel Pharmaceuticals announced it is searching for a new Chief Executive Officer as it prepares for a business combination with Amanat Acquisition Corp. The new CEO is expected to be hired prior to or upon the closing of the transaction, which will make Corxel a wholly owned subsidiary of the combined public company.
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Company Information
Company
Corxel Pharmaceuticals
Location
Berkeley Heights, New Jersey, United States
About
Corxel Pharmaceuticals is a biotechnology company focused on developing innovative therapies for obesity and cardiometabolic diseases. The company is advancing its lead oral GLP-1 medication, CX11, which is in mid-stage testing for obese and overweight patients. Founded in 2019, Corxel has gained rights to several development programs from various pharmaceutical partners. The company aims to provide differentiated treatment options comparable to existing therapies.
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Berkeley HeightsBiotechnologyHealth CareTherapeutics