Brise Pharmaceuticals Co., Ltd. (Brise), a clinical-stage biopharmaceutical company focused on developing innovative therapies for pain management, today announced the completion of a Series A financing of more than $30 million.
The financing was led by Beijing Medical and Health Care Industry Investment Fund, with participation from INCE Capital, Chengdu Guanghua Wutong Equity Investment Fund and Proxima Capitals. Existing investors Shunxi Fund and Qiming Venture Partners also participated in the round.
The proceeds will primarily support the planned pivotal Phase III clinical study of BR005, an independently developed small-molecule calcitonin gene-related peptide receptor(CGRPR)-targeted drug candidate, and the continued expansion of the Company's innovative pain management pipeline.
