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Invirsa, Inc. announced it raised $40,200 in an initial filing from an offering of $40,200

Invirsa, Inc. announced it raised $40,200 in an initial filing from an offering of $40,200

12/11/20, 8:41 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgcolumbus
Money raised
$40,200
Industry
pharmaceutical
Round Type
pre-seed

Company Info

Company
Invirsa, Inc.
Location
1275 kinnear road
columbus, mississippi, united states
Additional Info
Invirsa is developing a small molecule (INV-102) that promotes both DNA repair and the innate immune response to infection and injury. These actions lead to enhanced wound healing associated with reductions in inflammation and viral replication. INV-102 has demonstrated unprecedented efficacy in animal models of ocular sulfur mustard gas injury. Sulfur mustard is a dangerous chemical weapon, and INV-102 is the first drug to show promise in preventing its long-term effects. There is no current FDA approved therapy for this injury. In September of 2020, Invirsa received a $29.6M BARDA award ($14.4M plus $15.2M in milestones) to support the clinical development of INV-102 for the treatment of ocular sulfur mustard gas injury and other ocular injuries associated with DNA damage. The award covers development through Phase 3 clinical trials. Invirsa’s initial commercial focus for INV-102 will be infectious keratoconjunctivitis as there is no treatment for the viral form of this disease which comprises 80% of all cases. INV-102 has demonstrated clear efficacy in animal models of infectious conjunctivitis.

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