Cardiovascular diseases (CVD) are the most common cause of death in the world. An estimated 17,9 million people are expected to die every year, a figure that is forecasted to rise to 22,2 million by 2030. Gothenburg-based biotech company Cereno Scientific is developing new a new class of therapies in CVD, using an epigenetic modulation platform. Earlier this year, the FDA granted Cereno Scientific orphan drug designation-status (ODD) for its leading clinical phase II candidate CS1 in pulmonary arterial hypertension (PAH). BioStock has now published a company update on Cereno Scientific.
Supported by world leading experts in CVD and PAH, Cereno Scientific’s management recently announced that they will initiate a phase IIa with CS1 in PAH trial by mid 2021. At the same time, the company secured funding through a directed share issue of SEK 60 million and a loan facility of SEK 10 million, allowing them to go forward with their plans.
Advancing CS1 in PAH, is the first step in validating their technology, introducing a new class of treatment in CVD, both rare and common, an area with a growing need for new therapies.
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