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Biogen s non-opioid painkiller drops another phase 2 trial, this time in sensory pain disorder

Biogen s non-opioid painkiller drops another phase 2 trial, this time in sensory pain disorder
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Eliem Therapeutics files for IPO as another Seattle-area biotech firm set to go public

Eliem Therapeutics files for IPO as another Seattle-area biotech firm set to go public
geekwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from geekwire.com Daily Mail and Mail on Sunday newspapers.

Seattle neurology startup Eliem Therapeutics raises $60M, two months after landing $80M

Seattle neurology startup Eliem Therapeutics raises $60M, two months after landing $80M May 24, 2021 at 11:03 am Bob Azelby. (Eliem Photo) New funding: Eliem Therapeutics raised $60 million to further development of its therapies for pain and depression. The fresh funding comes just two months after Eliem raised a $80 million round. The pipeline: Founded in 2019, the company has two lead drug candidates in development: ETX-810 for chronic pain and ETX-155 for major depressive disorder, hormone-related mood disorders, and focal onset seizures. Both are in Phase 2a clinical trials. ETX-810 is described as an investigational non-opioid that uses the palmitoylethanolamide (PEA) pathway to influence neuroinflammation and pain signaling. ETX-155 is an neuroactive steroid that acts as a GABA

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