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POELLATH advises Ventura BioMed Investors GmbH on VC investment in iQure Pharma Inc.

The U.S. company iQure Pharma Inc. has successfully closed a USD 1.2 million seed financing round for its lead product, iQ-007.

The round was led by Munich-based life science fund Ventura BioMed Investors and med-tech anchor investor OKG Capital. Both investors see this financing round as a first step towards additional funding to complete preclinical development and start Phase 1 trials.

iQure Pharma is a U.S.-based global biotech company specializing in the development of new therapeutics for CNS, including neuropathic pain, epilepsy and other neurodegenerative diseases.

iQ-007 is an innovative therapeutic candidate for the treatment of epilepsy and other neurodegenerative diseases. The product has successfully completed the prestigious NIH-ETSP epilepsy screening program and pivotal tox studies are ongoing. The company plans to begin clinical development of iQ-007 in 2024.

in connection with the financing round, POELLATH provided comprehensive legal advice to Ventura BioMed Investors GmbH with the following team:

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