Karuna Therapeutics adds Dr Heather Preston to Board along with raising $68m Series B financing led by ARCH Venture Partners
– USA, MA – Karuna Therapeutics, Inc., focused on targeting muscarinic cholinergic receptors for the treatment of neuropsychiatric disorders including psychosis in schizophrenia, psychosis in Alzheimer’s disease, and pain, today announced the completion of a $68 million Series B financing round, including the issuance of $5 million in shares upon conversion of debt into equity.…