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Novoron Bioscience Raises $3M In Seed Financing From Two Bear Capital

Novoron Bioscience Raises $3M In Seed Financing From Two Bear Capital

11/16/21, 5:22 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan diego
Money raised
$3 million
Round Type
seed
Novoron Bioscience, a San Diego-based biotechnology company developing first-in-class therapies to reverse central nervous system (CNS) damage, announced today that they secured a $3 million Seed investment from Two Bear Capital (TBC). Funding will be used to develop Novoron's leading drug candidate, NOVO-118, which has shown the potential to both promote axonal regeneration and repair of the myelin sheath. Novoron already raised seed funding from Backstage Capital and $3 million in grant funding from the National Institutes of Health.

Company Info

Company
Novoron
Location
san diego, california, united states
Additional Info
Based in San Diego, California, Novoron Bioscience is a private biotechnology company that is focused on the development of novel therapeutics for central nervous system disorders.