DiaMedica Therapeutics
DMACDMAC · Stock Price
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Overview
DiaMedica Therapeutics is a clinical-stage biopharmaceutical company dedicated to developing novel therapies for serious ischemic disorders, with a mission to improve patient outcomes by targeting the underlying vascular injury. Its strategy is centered on DM199, a recombinant form of the human tissue kallikrein-1 protein, which aims to restore vascular function through a multi-faceted mechanism. The company has achieved key milestones, including positive interim Phase 2 data in preeclampsia and the advancement of a Phase 2/3 study in acute ischemic stroke, positioning it to address multi-billion dollar markets with no approved disease-modifying treatments.
Technology Platform
Recombinant human tissue kallikrein-1 (rhKLK1) platform designed to restore vascular health by promoting vasodilation, increasing collateral blood flow, and reducing inflammation through the kallikrein-kinin system.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
In preeclampsia/FGR, the field is nascent with no approved therapies; competition includes early-stage programs targeting anti-angiogenic factors. In stroke, DM199's collateral circulation enhancement is unique versus failed neuroprotectants and limited-window reperfusion therapies, though other extended-window approaches are in development.
Company Timeline
Founded in Minneapolis, United States
IPO — $15.0M
PIPE: $10.0M