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Home » Gesynta raises $21M to test novel mechanism in systemic sclerosis
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Gesynta raises $21M to test novel mechanism in systemic sclerosis

July 8, 2020
By Cormac Sheridan
DUBLIN – Gesynta Pharma AB raised SEK190 million (US$20.6 million) in new funding to move GS-248, a selective inhibitor of microsomal prostaglandin E synthase-1 (mPGES-1), into a phase IIa trial in systemic sclerosis. The study is due to get underway toward the year end. “It’s going to be in the second half of the fourth quarter,” said Patric Stenberg, CEO of Lund, Sweden-based Gesynta.
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