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Visgenx, Inc. announced it raised $5.75 Million in an amended filing from an offering of $5.75 Million

Visgenx, Inc. announced it raised $5.75 Million in an amended filing from an offering of $5.75 Million

08/17/20, 10:19 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan diego
Money raised
$5.75 million
Industry
biotechnology
therapeutics
health care

Company Info

Company
Visgenx, Inc.
Location
3210 merryfield row
san diego, california, united states
Additional Info
Visgenx, Inc. is a biotechnology company focused on developing gene-based therapeutics for degenerative retinal diseases. Visgenx' initial product is VGX-0111, a gene therapy candidate being developed for the treatment of dry Age-related Macular Degeneration (AMD). Close to 200 million people suffer from dry AMD globally; it is a leading cause of blindness. VGX-0111 is based on the ELOVL2 gene, which is required for the biosynthesis of lipids necessary for the function and survival of retinal cells. ELVOL2 expression declines with aging which may be an underlying pathology of dry AMD. VGX-0111 is intended to restore a normal level of ELOVL2 expression thereby slowing or halting the vision loss resulting from dry AMD. For more information on Visgenx, visit www.visgenx.com.

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