Ossianix Announces Lundbeck Inc. Investment

PHILADELPHIA--(BUSINESS WIRE)--Ossianix, Inc. today announced a strategic investment by H. Lundbeck A/S in the form of a Convertible Promissory Note. The proceeds from Lundbeck’s investment is expected to allow Ossianix to generate biopharmaceuticals for the treatment of nervous system disorders by utilizing Ossianix’s proprietary single domain antibody platform modeled on the shark vNAR structure. This will potentially give access to the development of novel differentiated CNS products. Lundbeck will retain the right to negotiate for certain products and technologies arising from the research at Ossianix.

MORE ON THIS TOPIC