Cerium Pharmaceuticals is dedicated to creating efficacious therapies for patients with kidney diseases. Cerium is currently focused on developing the first drug approved for a very rare kidney disease called Primary Membranous Nephropathy (PMN). There are approximately 75,000 PMN patients in the US and approximately 3,000 newly diagnosed PMN patients per year.
Primary membranous nephropathy (PMN) is a kidney disease that can cause excess protein in the urine, decreased kidney function and substantial reduction in the quality of life. Between 30 and 40% of patients with PMN eventually require dialysis or kidney transplant.
Adrenocorticotropic hormone (ACTH) is a polypeptide tropic hormone produced by and secreted by the anterior pituitary gland. ACTH is released in response to the release corticotropin-releasing hormone (CRH) by the hypothalamus. The primary function of ACTH is to stimulate the production and release of cortisol which helps your body manage stress.
Cerium Pharmaceuticals, Inc., a clinical stage biopharmaceuticals company focused on developing medicines for rare and orphan diseases, today announced that it has closed a $12 million Series B financing.