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Orvida Pharma secures interim financing led by Recordati to advance ontivatrep development for rare genetic skin diseases.

PRIVATESep 15, 20261 day ago

Round Type

Venture - Series Unknown

Center DistrictBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharma

Investors

Recordati

Description

Orvida Pharma has announced the completion of an interim financing led by Recordati. This financing will support the continued clinical development of ontivatrep, an oral TRPV3 inhibitor. Additional resources will also aim to advance Orvida’s broader pipeline of programs targeting rare genetic skin diseases. The involvement of Recordati strengthens Orvida's ability to reach important clinical milestones.

Company Information

Company

Orvida Pharma

Location

Center District, Israel

About

Orvida Pharma is a clinical-stage biotechnology company developing first- and best-in-class treatments for rare and severe genetic skin diseases. Their lead investigational candidate, ontivatrep, is a novel, highly specific, and selective oral TRPV3 inhibitor being developed for the treatment of Olmsted syndrome, severe keratodermas, and ichthyosis. The management team comprises industry leaders with deep expertise in drug discovery, dermatological pharmaceutical development, and rare disease therapeutics.

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