EMulate Therapeutics, which is developing a non-invasive medical device using radio frequency energy technology, filed on Tuesday with the SEC to raise up to $15 million in an initial public offering.
EMulate Therapeutics has invented and patented a technology that utilizes radio frequency energy precisely targeted at the low and ultra-low ends of the RFE spectrum to regulate signaling and metabolic pathways, delivered via a non-invasive therapeutic system. The human indications initially targeted in its pipeline include cancers such as glioblastoma (GBM) and diffuse midline glioma (DMG), acute and chronic pain, and mental health indications such as PTSD, ADHD, anxiety and depression. It is also targeting indications in animals. The company has completed studies with respect to GBM and DMG/DIPG, and believes it is ready to initiate pivotal Phase 3 trials in each indication.
The Bellevue, WA-based company was founded in 2002 and plans to list on the Nasdaq under the symbol EMTX. EF Hutton is the sole bookrunner on the deal. No pricing terms were disclosed.
