Cnd Life Sciences Closes Series Seed 2 Round, Reaches $8 Million In Total Capital Raised
02/01/22, 12:00 PM
Location
phoenixRound Type
seed
CND Life Sciences, Inc. (www.cndlifesciences.com), an innovative medical diagnostics company pioneering the detection, visualization, and quantification of protein deposition in cutaneous nerve fibers, announced today the closing of a $5.0 million Series Seed 2 financing round. This follow-on round comes one year after its initial seed raise of nearly $3.0 million in early 2021 to catalyze the launch of the company's Syn-One Test, the only commercially available test that can accurately identify abnormal alpha-synuclein aggregation through a simple skin biopsy.
Company Info
Location
phoenix, arizona, united states
Additional Info
Founded in 2017, CND Life Sciences is dedicated to supporting the care of patients facing the potential diagnosis of a neurodegenerative disease and other neurological conditions. Operating a CLIA-certified laboratory in Phoenix, Arizona, CND launched the Syn-One Test as the world's first commercially available test to detect, visualize, and quantify misfolded alpha-synuclein located in cutaneous nerve fibers. The test, which analyzes small skin biopsies collected conveniently from the patient in a physician's office, aids in the diagnosis of a synucleinopathy including Parkinson's disease, dementia with Lewy bodies, multiple system atrophy, and pure autonomic failure. The Syn-One Test leverages a decade of published science from leading academic institutions in multiple countries and has demonstrated over 95% sensitivity and specificity. The company has research collaborations with multiple biopharmaceutical companies and in 2020 was awarded a prestigious NIH SBIR award to advance the validation and clinical utility of its Syn-One Test. For more information visit www.cndlifesciences.com.