Serina Therapeutics Raises $5 Million for Clinical Development of Parkinson's Drug-March 2024-www.financetom.com

Serina Therapeutics Raises $5 Million for Clinical Development of Parkinson's Drug

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Serina Therapeutics Raises $5 Million for Clinical Development of Parkinson's Drug

Apr 8, 2025 2:15 PM

04:45 PM EDT, 04/08/2025 (MT Newswires) -- Serina Therapeutics ( SER ) said Tuesday that it raised $5 million in financing from shareholders, which will be utilized to support the development of POZ-apomorphine to treat Advanced Parkinson's disease.

The phase 1 clinical trial of the candidate is expected to commence in Q4, the company said.

The company raised the financing by issuing 965,250 shares of convertible preferred stock at $5.18 per share.

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