Johnson & Johnson to Lead Delix Therapeutics $85M Series C
Johnson & Johnson will lead Delix Therapeutics’ $85M Series C as the startup advances zalsupindole (DLX-001) for major depressive disorder. Delix reported positive Phase Ib results and said the FDA cleared its Phase II study design with at-home dosing options. The funding is expected to support further development and includes a right of first negotiation after Phase II data.