Asmacure

Asmacure Ltée develops proprietary compounds that target cholinergic receptors for the treatment of pulmonary airway diseases.

Business Model:

Revenue: $0

Employees: 1-10

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Detailed Asmacure Information

Geographic Data

Asmacure headquarters map

Address:

City: Quebeck

State: Tennessee

Zip:

Country: United States

Financial Info

Stage:

series unknown

Raised Last:

$4M

Raised Total:

$17M

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Description

Asmacure Ltée is a clinical-stage biopharmaceutical company focused on the development of novel, proprietary compounds that target cholinergic receptors for the treatment of inflammation, notably pulmonary airway diseases. The company’s lead compound, ASM-024, has a novel multi-functional mechanism of action with nicotinic and muscarinic effects. ASM-024 has demonstrated the capabilities of anti-inflammation, bronchoprotection, and smooth muscle relaxation in pre-clinical asthma models. Administered as a solution for nebulization in asthma patients, ASM-024 demonstrated clinical proof of concept in a phase 2 trial with significant effects on FEV1 and methacholine PC20. Asmacure has advanced ASM-024 into the clinic for the treatment of moderate asthma and COPD with a dry powder for inhalation (DPI) formulation. The DPI is a preferred dosage form for many patients and should allow ASM-024 to be delivered with greater lung deposition yielding the potential for a lower and more optimal dose. Asmacure was founded by Dr. Yvon Cormier, a noted pulmonologist, and Dr Evelyne Israel-Assayag in 2002 and is based in Quebec City, Quebec, Canada.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
5/2011 Venture Round $4M
5/2007 Series A 3 $9M Domain Associates
Fasken Martineau
Innovatech Québec
Domain Associates
Fasken Martineau
Innovatech Québec
2/2010 Venture Round $3.9M
Announced Date Name Price

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