JEITO’s Post

View organization page for JEITO, graphic

6,165 followers

We are thrilled to announce that JEITO has led a €75M Series B financing round for NMD Pharma A/S, a Danish clinical-stage biotech company dedicated to developing innovative treatments for patients living with severe neuromuscular disorders. Following our initial investment in 2022, this second round of funding illustrates our steady support to growing and perfoming NMD Pharma A/S and its ambition to become a leading, global, clinical-stage company. The proceeds will be used to complete three Phase 2 clinical Proof of Concept studies with NMD670, the company's leading CIC-1 inhibitor, which has the potential to restore muscle function in a range of rare neuromuscular diseases, including myasthenia gravis, spinal muscular atrophy, and Charcot Marie Tooth. The funding will also contribute to grow its pipeline and support the expansion of NMD Pharma’s clinical and commercial operations in Denmark and in the US. We are very proud to stand alongside Thomas Holm Pedersen, the CEO, and his team as they embark on this new chapter, driven by their unwavering commitment to making a positive impact on patients. Read more 👉 https://lnkd.in/ev_3hjv8 #FasterForThePatient #privateequity #lifesciences #biopharma #healthcare #neuromusculardisease

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics