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Funding and backers

Team
201-500
employees, estimated range
Backers
2
Angelini Ventures, Lumira Ventures
Momentum
0/100
no fresh signals
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this month
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Overview

Damona Pharmaceuticals is developing precision neuromedicines to reverse cognitive deficits associated with brain disorders.associated with brain disorders.

News

Blog 1 year ago
Damona Announces Publication of Preclinical Proof-of-Concept Data for DPX-101 (GL-II-73) Demonstrating Symptomatic and Disease-Modifying Potential for the Treatment of Cognitive Deficits in Alzheimer's Disease
- Small molecule DPX-101 has the potential to be the first disease-modifying therapy to reverse cognitive deficits such as memory loss in Alzheimer's disease - - Company plans to initiate Phase 1 clinical trial in first half of 2025 - TORONTO, February 4,
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Blog 2 years ago
Damona Pharmaceuticals Announces FDA Clearance of IND Application for a Phase 1 Clinical Trial of DPX-101, a Positive Allosteric Modulator Targeting the α5-GABA-A Receptor Subtype Selectively, with Broad Therapeutic Potential to Treat Cognitive Deficits Across Brain Disorders
- In preclinical models, small molecule DPX-101 demonstrated highly selective target activation and expected electrophysiological effects as well as improved cognitive performance in behavioral tests of frontal cortex and hippocampal functions - TORONTO,
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Blog 3 years ago
Damona Pharmaceuticals Appoints John Reilly as Chief Executive Officer
TORONTO, June 13, 2023- Damona Pharmaceuticals, a preclinical biopharmaceutical company focused on the discovery and development of first-in-class small molecules for the treatment and prevention of cognitive symptoms associated with brain disorders and a
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Blog 4 years ago
Damona Pharmaceuticals Raises US$5.5 Million Seed Stage Financing to Advance Lead Molecule Development to Treat Cognitive Deficits Associated with Depression and Diseases of Aging
TORONTO, September 26, 2022- Damona Pharmaceuticals today announced the closing of a seed stage financing round to support the development of its lead therapeutic for the treatment of cognitive symptoms associated with depression and diseases of aging. Th
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