– USA, NY – Curemark LLC today announced the closing of $20 million in equity financing from the Frist Family. William and Jennifer Frist are directors in numerous healthcare corporations, foundations, and enterprises including Healthcare Corporation of America (HCA). Mrs. Frist joins Curemark’s Board of Directors and will bring her business, patient advocacy, and philanthropic experience to Curemark.
“This investment positions the company for growth and expansion,” said founder and CEO, Dr. Joan Fallon. “We are extremely grateful to Jennifer and Billy for their investment in Curemark and their support of our mission to get CM-AT to children with autism.”
Curemark recently announced the start of a new Phase III double-blind, randomized, placebo-controlled clinical trial to examine the effect of its novel formulation, CM-AT, on all children ages 3-8 with Autism. Previously, Curemark announced the successful results of its FDA Phase III double-blinded clinical trial for CM-AT in children ages 3-8 with Autism who had low levels of the digestive enzyme chymotrypsin. The Company is currently submitting its rolling New Drug Application for CM-AT for autism under the FDA’s Fast Track designation.
About Curemark LLC
Curemark is a drug research and development company focused on the treatment of neurological and other diseases, especially those with dysautonomic components, by addressing certain key gastrointestinal/pancreatic secretory deficiencies. The company previously announced that its Phase III double-blind randomized placebo-controlled multicenter clinical trial of CM-AT for autism met its primary and secondary endpoints.
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