Financial SupportCLKS provides significant funding with a $19.5M loan, which supports the development of assets and potentially additional financing.
Pipeline ExpansionThe merger with Wex Pharmaceuticals introduces Halneuron, a promising non-opioid painkiller that has shown positive results in clinical trials, to the company's product pipeline.
Regulatory AdvancementHalneuron was granted Fast-Track Designation by the FDA for P2b development in chemotherapy-induced neuropathic pain, where there are currently no approved treatments.