Calci Medica Subsidiary announced it raised $10.3 Million in an initial filing from an offering of $10.3 Million
Calci Medica Subsidiary announced it raised $10.3 Million in an initial filing from an offering of $10.3 Million
04/04/23, 6:53 PM
Location
la jolla
Money raised
$10.3 million
Industry
biotechnology
Company Info
Location
505 coast boulevard south
la jolla, california, united states
Additional Info
CalciMedica is a privately held, clinical stage biotechnology company with a platform focused on CRAC channel drug discovery and development for the treatment of acute and severe inflammatory diseases. The Company was founded in 2007 by Ken Stauderman, CalciMedica’s Chief Scientific Officer, and colleagues at Torrey Pines Therapeutics in San Diego and Harvard’s Center for Blood Research in Cambridge, MA. Dr. Stauderman’s work includes the discovery of the role of STIM1, which works in concert with Orai1 in the CRAC channels targeted by CalciMedica’s drugs. The Company has a portfolio of highly selective CRAC channel inhibitor drugs that it is developing to improve outcomes for patients with acute inflammatory indications. It has also assembled a portfolio of patents and patent applications covering those compounds as well as different aspects of CRAC channel biology.