Turn Therapeutics Secures $25M Financing for Dermatology Trials [Los Angeles Times (CA)]
Turn Therapeutics Inc. (TTRX)
Company Research
Source: Los Angeles Times
Westlake Village-headquartered Turn Therapeutics, Inc., a clinical-stage dermatology company developing novel therapies for inflammatory skin diseases , has announced it has entered into a growth capital loan facility with Avenue Venture Opportunities Fund II, L.P., a fund of Avenue Capital Group, for up to $25 million . The facility includes an initial $7 million tranche funded at closing, with up to an additional $18 million available upon achievement of clinical and corporate milestones. “ This financing comes at a critical inflection point for Turn as we approach the mid-year readout of our Phase 2 trial in moderate-to-severe atopic dermatitis,” said Brad Burnam , chief executive officer of Turn Therapeutics. “GX-03 has generated encouraging independent investigator-sponsored human data in onychomycosis, where effective treatment options remain limited. We intend to continue advancing the onychomycosis program in parallel with delivering the Phase 2 atopic dermatitis data from
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TTRX
News
- Turn Therapeutics Reports Full Year 2025 Financial Results and Provides Corporate UpdatesBusiness Wire
- Turn Therapeutics (TTRX) had its "buy" rating reaffirmed by D. Boral Capital. They now have a $8.00 price target on the stock.MarketBeat
- Turn Therapeutics Secures Up to $25 Million in Financing From Avenue Capital GroupBusiness Wire
- Turn Therapeutics Appoints Dr. Robert Redfield as Senior Advisor of Health Policy and Regulatory AffairsBusiness Wire
- Turn Therapeutics to Present at Upcoming TD Cowen and Oppenheimer Healthcare Conferences [Yahoo! Finance]Yahoo! Finance
TTRX
Sec Filings
- 4/6/26 - Form SCHEDULE
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- TTRX's page on the SEC website