Foundation

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It all started when...

Company founded late 2016, start-up mid-2017

•Seeded by PharmAkea and Padlock employees

•Seed investors are potential future employees

•$1.5-2M strategic investment by BioDuro (Services)

Small molecule: inflammation / auto immune

•2-3 targets of interest at any one time

•Novel IP, composition of matter

Also looking at opportunistic licensing