Synchroneuron closes Series A financing from Morningside
Synchroneuron, a privately-held biopharmaceutical company, has concluded $6m Series A financing from Morningside Technology Ventures to further develop a treatment for tardive dyskinesia (TD).
Synchroneuron co-founder and CSO Fogel said they aim to bring relief to millions of patients with TD and other movement disorders by developing novel therapies.
The company plans to commence Phase 1 clinical trials this year.
Synchroneuron is engaged in developing a new treatment for movement disorders, utilizing a drug with simultaneous effects on excitatory and inhibitory neurotransmission.
Morningside is a diversified investment group engaged primarily in private equity and venture capital investments.
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