Neumentum
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Early VC | ||
* | N/A | $7.1m | Convertible |
$12.3m | Series A | ||
N/A | $13.3m | Early VC | |
$20.0m | Series A | ||
Total Funding | €57.9m |
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Recent News about Neumentum
EditNeumentum, Inc. is a specialty pharmaceutical company focused on developing and commercializing non-opioid pain management solutions. Operating in the healthcare and pharmaceutical market, Neumentum aims to provide safer alternatives to opioid medications, addressing a critical need for effective pain relief without the risk of addiction. The company serves patients suffering from moderate to severe pain, particularly those who are at risk of opioid misuse. Neumentum's business model revolves around the research, development, and commercialization of novel non-opioid analgesics. With six innovative products in the pipeline, the company is positioned to capture significant market share by offering effective pain management solutions that mitigate the risks associated with opioid use. Revenue is generated through the sale of these pharmaceutical products, as well as potential partnerships and licensing agreements with other healthcare entities. The company is led by a team of seasoned executives with extensive experience in the biotech and pharmaceutical industries, particularly in pain and neurology. This leadership team is instrumental in guiding Neumentum through the complex stages of drug development and market introduction.
Keywords: non-opioid, analgesic, pain management, pharmaceutical, biotech, neurology, drug development, commercialization, healthcare, innovation.