Elcelyx Raises $7 Million, With Strategy For OTC Weight Loss Product Plus Safer Metformin
This article was originally published in The Pink Sheet Daily
Series B money will enable San Diego biotech to advance an over-the-counter weight-loss supplement to the cusp of commercialization while moving a delayed-release formulation of metformin into mid-stage trials.
You may also be interested in...
Pear Therapeutics’ Somryst insomnia treatment tool has become the first FDA-cleared product that was reviewed through the agency’s Software Precertification Pilot Program.
CNS specialist Neuraxpharm has struck a deal with Israel’s Panaxia to market medical cannabis products in Europe, starting in Germany.
The AAM has warned the Trump administration that ‘Buy American’ requirements on medicines could limit patient access to affordable medicines and increase the risk of drug shortages during the coronavirus pandemic.