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Serina Therapeutics advances Parkinson's drug trial, raises $21.2M to fund development

Company Fundamentals
14 May 2026
GlobeNewsWire
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Neutral
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Serina Therapeutics has initiated its Phase 1b clinical trial for SER-252, a drug targeting advanced Parkinson’s disease, aiming to deliver improved treatment through its proprietary POZ Platform. The company raised $21.2 million in a private placement to support ongoing development and expects initial trial data in the first half of 2027. Operating expenses rose slightly in Q1 2026, with a net loss of $6.9 million, but cash reserves increased to $24.5 million, bolstered by recent financing. This progress marks a key step in validating Serina’s technology and advancing its pipeline for neurological diseases.

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