Underpinned by a strong background in the CNS space and experience with the orexin system, Medicxi, the European life sciences venture capitalist, is investing up to €40m in two asset-centric companies with assets spun out of Sosei Group's Heptares Therapeutics Ltd.. Both companies will focus on developing novel therapies based on positive modulators of the G protein-coupled receptors Orexin OX1 and OX2 for neurological diseases, including dual OX1/OX2 agonists. This is a group of molecules that has been on Medicxi’s wish list for some time.
Medicxi Links With Sosei Heptares For Orexin Agonist Vehicles
After spending 12 months looking for promising orexin agonist candidates, asset-centric venture capitalist Medicxi finds answer close to home and commits up to €40M to create two companies underpinned by assets from Heptares Therapeutics.
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