Cmxtwenty

About:

Cmxtwenty focuses on developing lipid compounds for use in non-narcotic pain treatment.

Description:

Cmxtwenty is a Milwaukee based pharmaceutical company focused on the development of a unique lipid compound to be used as a non-narcotic treatment for pain. Established in November 2004, Cmxtwenty received its initial funding through an SBIR grant from the National Institute on Drug Abuse (NIDA). Since 2007, Cmxtwenty has been funded privately by a network of individual investors. Their lead product, CMX-020, is an analog of arachidonic acid, a common endogenous lipid and one of the most abundant lipids for cell signaling in the brain. Cmxtwenty maintains international patent filings on CMX-020 through 2029. Phase 1 clinical studies are currently ongoing.

Total Funding Amount:

$2.66M

Estimated Revenue Range:

Less than $1M

Headquarters Location:

Milwaukee, Wisconsin, United States

Founded Date:

2004-01-01

Founders:

Number of Employees:

1-10

Last Funding Date:

2016-05-24

IPO Status:

Private

Industries: