
Midland Pharmaceuticals
Developing novel therapeutics for spinal cord injury and ischemic stroke, addressing large unmet medical needs.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor | €0.0 | round | |
€150k | Seed | ||
Total Funding | 000k |
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Midland Pharmaceuticals is a clinical-stage pharmaceutical company focused on developing MLP 1236, a novel therapeutic for the treatment of spinal cord injury and ischemic stroke. The company operates in the neurodegenerative disorder market, which includes conditions that result from the progressive degeneration of nerve cells. Midland Pharmaceuticals primarily serves patients suffering from spinal cord injuries and ischemic strokes, conditions that currently have limited treatment options. The company is co-founded by NLC Ventures and led by CEO Peter D. Suzdak, Ph.D., a seasoned pharmaceutical executive with over 35 years of experience.
The business model of Midland Pharmaceuticals revolves around the development and commercialization of its proprietary drug, MLP 1236. The company is currently in the clinical trial phase, specifically Phase 2b, which aims to demonstrate the proof of concept in patients with spinal cord injuries. Revenue generation is anticipated through the successful development and eventual market release of MLP 1236, targeting a market predicted to reach $3 billion by 2025.
Midland Pharmaceuticals leverages its strong scientific foundation, co-founded by Professor Zubair Ahmed, a renowned neuroscientist with a 24-year track record in translational research. The company aims to address the underlying pathophysiologic changes in neurodegenerative disorders, rather than merely offering symptomatic relief.
Keywords: neurodegenerative disorders, spinal cord injury, ischemic stroke, MLP 1236, clinical-stage, therapeutic development, Phase 2b trial, unmet medical needs, translational research, pharmaceutical innovation.