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Seattle biotech nabs $36 million to push migraine treatment to market

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Impel NeuroPharma Inc. has closed $36 million in Series C funding from Bay Area investment companies venBIO, 5AM Ventures and Vivo Capital. Seattle-based Impel NeuroPharma, which develops device-drug combinations that deliver medicine through a patient’s upper nasal cavity, will use the funds to push its migraine treatment to the market. “The nasal cavity is a vastly underutilized entry point for therapeutics into the circulation,” said Impel NeuroPharma CEO John Hoekman in a statement. “Our…

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