
San Diego-based Arthrosi Therapeutics, a biotech developing highly potent and selective next generation URAT1 inhibitor to reduce serum urate (sUA) levels, flares, and dissolve tophi in gout and tophaceous gout patients, has announced the closing of its $153 million Series E financing.
Arthrosi plans to use the proceeds from this financing to complete the clinical development of its lead program, pozdeutinurad, through its replicate Phase III REDUCE 1 and REDUCE 2 studies in gout and tophaceous gout.
The commitment from both new and existing investors provides further validation for pozdeutinurad
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