Tech Company Financing Transactions
Neumentum Funding Round
Neumentum, based in Morristown, secured investment capital from angelMD.
Transaction Overview
Company Name
Announced On
9/24/2018
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the capital to accelerate and complete a Phase I pK study and prepare and initiate Phase III clinical trials for its lead product candidate, NTM-001.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
39 Eagle Nest Rd.
Morristown, NJ 07960
USA
Morristown, NJ 07960
USA
Phone
Website
Email Address
Not Recorded
Overview
Neumentum is dedicated to becoming a leading non-opioid analgesic and neurology specialty pharmaceutical company. More than 100 million Americans suffer from pain and many patients experiencing moderate to severe pain receive prescription opioids. Treatment with opioids comes with inherent risks.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 9/24/2018: Convoy venture capital transaction
Next: 9/25/2018: Dutchie venture capital transaction
Share this article
About Database of VC Transactions
We do our best to record every notable VC transaction. VC transactions reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs