Horizon Technology Finance and Emalex Biosciences Announce $15 Million Venture Loan Facility
Emalex is a portfolio company of Paragon Biosciences, a life science innovator that creates, invests in, and builds life science companies. Paragon accelerates research and development in artificial intelligence, cell and gene therapy, synthetic biology and biopharmaceuticals.
"Paragon and its partners have invested or committed to invest more than
"Emalex is rapidly progressing the development of ecopipam in two Phase 2 clinical trials and has been granted Fast Track designation by the FDA for the treatment of Tourette syndrome," said
About Emalex Biosciences
Emalex Biosciences is a clinical-stage biopharmaceutical company focused on developing treatments for central nervous system movement disorders and fluency disorders that have limited or no treatment options. Emalex is evaluating the safety and efficacy of ecopipam (EBS-101), an investigational first-in-class drug designed to selectively block the actions of the neurotransmitter dopamine at the D1 receptor, in Phase 2 clinical trials for the treatment of Tourette syndrome in children and adolescents and childhood-onset fluency disorder in adults. The
About Paragon Biosciences
Paragon is a life science innovator that creates, invests in and builds life science companies in artificial intelligence, cell and gene therapy, synthetic biology and biopharmaceuticals. Our current portfolio includes Castle Creek Biosciences, Emalex Biosciences, Evozyne, Harmony Biosciences, Qlarity Imaging, Skyline Biosciences, and a consistent flow of incubating companies created and supported by our replicable Paragon Innovation Capital™ model. Paragon stands at the intersection of human need, life science, and company creation. For more information, please visit https://paragonbiosci.com/.
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Company's filings with the
Horizon Technology Finance Investor Relations:
Horizon Technology Finance Media Relations:
Emalex Biosciences Media Relations:
Berry & Company Public Relations