intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Turn Therapeutics Launches Final Crowdfund Round Ahead of Eczema Trial Enrollment, Engages Clear Street to Explore Public Markets

Turn Therapeutics Launches Final Crowdfund Round Ahead of Eczema Trial Enrollment, Engages Clear Street to Explore Public Markets

April 8, 2025 Craig Etkin

LOS ANGELES–(BUSINESS WIRE)–Turn Therapeutics, a clinical-stage biotechnology company pioneering next-generation topical therapies, today announced the launch of its final crowdfund investment round in tandem with the upcoming initiation of a controlled clinical trial evaluating its flagship, non-steroidal topical platform in patients with moderate to severe eczema.

“Investment opportunities like ours are traditionally only available to venture capital funds and the ultra wealthy,” Burnam said. “This model—combining grassroots investment with the support of bigger institutions—is the future of biotech financing.”Share

Turn has also engaged Clear Street to assess pathways to the public markets as part of a broader strategic capital plan to fund late-stage trials across its therapeutic pipeline.

“We are entering one of the most exciting and consequential chapters in Turn’s history,” said Bradley Burnam, CEO of Turn Therapeutics. “With our final crowdfunding round, everyday investors have a rare opportunity to deploy capital just before major clinical readouts — and before we take on significant institutional funding.”

Turn’s upcoming trial will assess the clinical performance of its proprietary formula over an eight-week treatment period, measuring reductions in disease severity and itch. The study will include a placebo control and is designed to build upon previously reported data demonstrating the formula’s inhibition of IL-31 and IL-36 — cytokines recognized as central drivers of the eczema disease process. Turn anticipates topline data by the end of 2025.

In addition to supporting future phase 3 trials for its moderate to severe eczema candidate, proceeds from this fundraising round will advance Turn’s research program for onychomycosis, or toenail fungus.

Turn has previously secured post-public financing commitments through a $75 million equity facility with GEM, a private equity and alternative investment group.

“These investment opportunities like ours are traditionally only available to venture capital funds and the ultra wealthy,” Burnam said. “We believe this model — combining grassroots investment with the support of bigger institutions — is the future of biotech financing.”

The crowdfund campaign is now live here. More information on Turn’s clinical programs can be found at turntherapeutics.com.

For more information or to request an interview with Turn Therapeutics CEO Bradley Burnam, please contact Cooper Rumrill at (202) 980-4968 or cooper@keybridge.biz.

About Turn Therapeutics

Turn Therapeutics is a pharmaceutical and medical device organization specializing in the development of advanced wound and dermatology solutions. Utilizing its proprietary technology and patient-first approach, Turn Therapeutics addresses critical needs in healthcare, aiming to improve access, outcomes, and quality of life. Visit turntherapeutics.com to learn more about the company.

The Regulation A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. The investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of entire investment. The statements contained herein may include prospects, statements of future expectations, and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance, or events may differ materially from those expressed or implied in such forward-looking statements.

Contacts

Cooper Rumrill
(202) 980-4968
cooper@keybridge.biz

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Los Angeles, Turn Therapeutics, Venture Capital

Post navigation

NEXT
Vivere Partners Raises $7.5M Series A to Launch Transformative Specialty Insurance Platform
PREVIOUS
SpinLaunch Announces $12M Strategic Investment from Kongsberg, Unveiling Revolutionary LEO Satcom Constellation
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
Load More... Subscribe

Categories

Recent Posts

  • Portal Access, Inc. Announces the closing of $7 Million Series A Financing Round to Support FDA Approval and Limited Market Launch of Next-Generation Chemotherapy Port June 10, 2025
  • CyrusOne to spend $400 Million to occupy 88,874 square feet of space in Whitney Texas. June 10, 2025
  • South Texas Health System to spend $1,936,193.00 to occupy 6,400 square feet of space in Mcallen Texas. June 10, 2025
  • Obvio Raises $22 Million to Deliver AI-Powered Traffic Safety and Prevent Traffic Deaths June 10, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.