Axonis Therapeutics has secured $115 million in a Series A financing round led by Cormorant Asset Management and venBio Partners to develop innovative treatments for neurological disorders. The funds will advance a drug targeting KCC2, aimed at treating epilepsy and pain, into human trials this year, while also supporting next-generation compounds for various psychiatric and neurodevelopmental conditions. The investment reflects a growing interest in precise neurological therapies, as evidenced by recent acquisitions in the biotech sector.
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