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Eupraxia reports strong trial results and $63.2M funding, well-capitalized through H2 2028.

Company Fundamentals
12 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Eupraxia Pharmaceuticals announced positive 36-week data from its EP-104GI treatment for Eosinophilic Esophagitis, showing robust tissue health improvements. The company completed a $63.2 million public offering to fund further clinical trials and expand indications. With over $140 million in cash and investments, Eupraxia is well-funded into the second half of 2028, supporting ongoing and new clinical programs. Management continues to monitor trade tariffs but expects minimal impact on operations.

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