Mindmed Secures $50.0 Million Credit Facility With K2 Healthventures

Aug 14, 2023•over 2 years ago

Amount Raised

$50 Million

New YorkTherapeuticsBiotechnologyHealth Care

Investors

K2 Health Ventures

Description

Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (NEO: MMED), (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product candidates to treat brain health disorders, today announced that it has entered into a senior secured credit facility with K2 HealthVentures, a healthcare-focused specialty finance company.

Company Information

Company

MindMed

Location

New York, New York, United States

About

MindMed is a clinical-stage biopharmaceutical company developing novel products to treat brain health disorders, with a particular focus on psychiatry, addiction, pain and neurology. Our mission is to be the global leader in the development and delivery of treatments that unlock new opportunities to improve patient outcomes. We are developing a pipeline of innovative drug candidates, with and without acute perceptual effects, targeting the serotonin, dopamine and acetylcholine systems.

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