Mentari Therapeutics secures second $200M private placement to fund migraine program and advance reverse merger
read at Endpoints ↗DealPositive
Mentari Therapeutics, a spin‑out focused on migraine treatments, announced it has arranged a second private‑placement financing of $200 million.
The new capital will be used to advance its migraine drug pipeline and to help complete a pending reverse merger with InMed Pharmaceuticals, which would provide a public market vehicle for the company.
In a separate note, Royalty Pharma disclosed a recent transaction involving an ATTR‑CM (transthyretin amyloid cardiomyopathy) asset, underscoring continued activity in rare‑disease licensing deals.
source
This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “Mentari adds $200M to migraine mission; Royalty's latest ATTR-CM deal”
read at Endpoints ↗78 words · retrieved Jul 22
comments(0)
5-min edit window · permanent after that