{"id":74927,"date":"2021-08-03T14:15:00","date_gmt":"2021-08-03T12:15:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=74927"},"modified":"2021-08-03T14:13:45","modified_gmt":"2021-08-03T12:13:45","slug":"nine-million-euros-for-hmnc-brain-health","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/74927\/nine-million-euros-for-hmnc-brain-health\/","title":{"rendered":"Nine million euros for HMNC Brain Health"},"content":{"rendered":"
\n

HMNC Brain Health<\/a> aims to accelerate the market readiness of its therapy with the newly raised funds. The Munich-based Biotech<\/a>The startup is working on a personalized therapy approach for the treatment of depression and treatment-resistant depression. The goal of this approach is to shorten treatment duration, improve treatment outcomes, and reduce the risk of relapse. The funding will enable HMNC Brain Health to focus on two CRO-led (Editor's note: Contract research institute-led)<\/em> To prepare proof-of-concept studies, drive strategic growth initiatives and strengthen the HMNC team.<\/p>\n\n\n\n

\u201cThe continued support of our existing shareholders demonstrates their confidence in the Company\u2019s strategic direction and our potential to develop a unique pipeline in Precision Psychiatry,\u201d<\/p><\/blockquote>\n\n\n\n

so Benedict of Braunm\u00fchl<\/strong>, CEO of HMNC Brain Health.<\/p>\n\n\n\n

Driving forward the strategic agenda<\/h2>\n\n\n\n

"These funds will enable HMNC to advance our strategic agenda, taking another step toward improving the quality of life for patients around the world suffering from depression or other neuropsychiatric disorders."<\/p><\/blockquote>\n\n\n\n

And Carsten Maschmeyer<\/a><\/strong>, co-founder and supervisory board member of the Munich-based startup, added:<\/p>\n\n\n\n

"We are excited by the progress of the clinical pipeline. We are confident in HMNC and will accompany and support it wherever we can on its journey to becoming a leader in precision psychiatry."<\/p><\/blockquote>\n\n\n\n

<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

HMNC Brain Health, a Munich-based biotech company specializing in the development of personalized therapies for depression and other neuropsychiatric disorders based on predictive diagnostics, is receiving an additional nine million euros from its existing investors. This additional investment brings the total amount raised to date to a total of 28 million euros. The current capital increase in the form of a convertible bond was provided by family offices, including those of Carsten Maschmeyer, the Jahr family, and Dr. Guntard Gutmann.<\/p>","protected":false},"author":24,"featured_media":74936,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,1],"tags":[371,52,4361],"acf":[],"yoast_head":"\nNeun Millionen Euro f\u00fcr HMNC Brain Health - Munich Startup<\/title>\n<meta name=\"description\" content=\"HMNC Brain Health sammelt neun Millionen Euro ein. 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