Inhibikase Therapeutics ( (IKT) ) has shared an update.
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Inhibikase Therapeutics, Inc. has secured approximately $110 million through a private placement, boosting its potential financing to $275 million upon full exercise of warrants. This funding supports the Phase 2b trial of IkT-001Pro, aimed at treating Pulmonary Arterial Hypertension, signifying a pivotal step in the company’s mission to develop disease-modifying therapies. The closing also coincides with strategic board appointments, enhancing the company’s leadership as it advances its innovative medicinal chemistry program.
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