Satsuma Pharmaceuticals' lead product candidate is STS101, a potential best-in-class therapy for migraine that combines the gold-standard anti-migraine drug, dihydroergotamine (DHE), with unique and proprietary dry-powder nasal formulation and delivery technologies created and developed over the past 15 years by SNBL that enable rapid absorption with high bioavailability of drugs delivered via the nose. DHE has multiple therapeutic advantages over other migraine therapies, including triptan therapies, but is not currently available in a fast-acting, patient-friendly, non-injectable preparation that achieves a pharmacokinetic profile similar to that achieved with injection.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
01/09/17 | $12,000,000 | Series A |
RA Capital Management TPG Biotech | undisclosed |