Aerial BioPharma

Pharma

Rex Health Ventures’ inaugural investment goes to RTP firm developing narcolepsy drug

A $10 million venture fund launched earlier this year by the private, nonprofit hospital Rex Healthcare has found its first portfolio company in Morrisville, North Carolina-based Aerial BioPharma, which develops biologics and small molecules for conditions affected by the central nervous system. Rex Health Ventures’ $500,000 investment in Aerial is part of the company’s initial […]

Pharma

CNS therapies firm Aerial BioPharma launches $12M fundraising round

The team that built Addrenex Pharmaceuticals from startup into a $29 million exit without raising a dime of venture capital is making another run with a new company  – Aerial BioPharma. Morrisville, North Carolina-based Aerial is focused on central nervous system therapies. Its CEO is Moise Khayrallah, a pharmaceutical industry veteran of 23 years who […]