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Spinogenix announced it raised $3.34 Million in an initial filing from an offering of $3.34 Million

Spinogenix announced it raised $3.34 Million in an initial filing from an offering of $3.34 Million

09/12/22, 9:18 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgla jolla
Money raised
$3.34 million
Industry
healthcare
Round Type
seed

Company Info

Company
Spinogenix, Inc.
Location
4225 executive square, suite 600
la jolla, california, united states
Additional Info
Who we are In most neurodegenerative diseases we lose connections - synapses – between neurons, a process that contributes to declines in cognition and motor function that characterize these diseases. At Spinogenix we are developing first-in-class, novel small molecule drugs (SPGs) that restore synapses to improve and potentially restore cognitive and motor function. Our approach is unique for diseases of the central nervous system. Mission Our mission is to create transformative therapeutics for diseases involving synaptic loss and dysfunction. Our approach is focused on regenerating synapses to reverse declines in cognitive and motor function. This approach is unique among the many therapeutics that are being developed for neurodegenerative conditions, which mostly aim to slow the degenerative process. We envision the use of SPGs as a monotherapy or in combination with other therapeutics that target disease-specific degenerative processes. Our Science In contrast to much research focused on alleviating the symptoms of neurodegenerative disease, we seek to develop therapies that impact the underlying disease and fundamentally change treatment paradigms by restoring neuronal connections regardless of the underlying cause of synapse loss. Spinogenix has discovered compounds (SPGs) that restore lost synapses. We have demonstrated the effectiveness of these “spinogenic” molecules in cells and in multiple animal models of neurodegeneration. SPGs have a novel molecular target and their mechanism of action is well understood and unique. This mechanism would be operative in all diseases where synapse loss occurs, irrespective of the pathological basis of synapse loss.

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