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Emalex Biosciences will use the cash from its Series D financing to conduct a Phase 3 clinical trial for ecopipam, an experimental treatment for Tourette syndrome. Though there drugs are already available for Tourette, Emalex’s drug addresses a different central nervous system target that the biotech believes could offer an edge.
Emalex plans to use the money to launch the largest North American clinical trial for a Tourette Syndrome drug and to potentially bring the drug to market.