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Seattle Biotech Scores $67.5M to Treat Migraines and Parkinson’s with Drugs Delivered Deep into the Nasal Cavity

By December 10, 2018No Comments

Seattle-based biotech firm Impel NeuroPharma closed its latest round of funding, bringing in $67.5 million to develop treatments for central nervous system disorders, such as migraines and Parkinson’s.

This is Impel’s largest fundraising round to date, following a $36 million round in December 2016.

Impel is known for its Precision Olfactory Delivery (POD) platform, which sends drugs into the nasal cavity with the goal of penetrating the blood-brain barrier and targeting the organ more directly than is possible with pills or injected drugs.