Drug firm raises €33m to fund work on kidney transplant treatment

Drug development firm Opsona Therapeutics has raised €33m to fund test work on a product it is developing to help kidney transplant patients amongst others.

Drug firm raises €33m to fund work on kidney transplant treatment

The money will go towards funding clinical studies into the former Trinity College campus company’s lead product — code-named ‘OPN-305’ — which is aimed at treating a range of inflammatory diseases and conditions; from rheumatoid arthritis, diabetes and lupus to various forms of cancer.

This will be the first detailed clinical study into OPN-305, but the drug recently completed a successful Phase-1 clinical trial, in healthy human volunteers and has also demonstrated activity in pre-clinical animal models and ex-vivo studies.

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