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Proniras secures funding for Phase I opiate withdrawal study

Feb 02, 2024almost 2 years ago

Amount Raised

$4.65 Million

Round Type

seed

SeattleBiotechnology

Description

Proniras has announced the successful completion of a $4.65m Series B funding round for a trial of a new treatment for opiate withdrawal. This investment will support the Phase I clinical study of PRN-001-01 (tezampanel), a new therapy for opiate withdrawal.

Company Information

Company

Proniras

Location

2815 EASTLAKE AVENUE EAST, SUITE 300

Seattle, Washington, United States

About

Proniras Corporation is a clinical-stage biotechnology developing novel small-molecule therapeutics for the treatment of substance use and specialty central nervous system disorders. The Company’s lead program PRN-001-01 (tezampanel) is being clinical developed as a treatment option for opioid withdrawal and related disorders of addiction. Although effective treatments exist for opioid addiction, painful and difficult withdrawal is one of the primary reasons why current treatment fails, and relapse occurs. By alleviating the symptoms associated with opioid withdrawal, Proniras hopes to help patients successfully discontinue opioid usage and sustain an opioid-free life. Proniras was formed in 2017 by Accelerator Life Science Partners.

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