GARDEN CITY, N.Y., Dec. 3, 2018 /PRNewswire/ -- Garden City, NY based Brokerage firm Craft Capital Management is excited to announce they have secured and closed a 10 million dollar investment in Variant Pharmaceuticals, Inc. out of Weston, FL through an international family office. Craft Capital has been working with the Variant team for a number of years now. "Having a well-respected foreign entity consider a US based pharma investment, and then invest 10 million dollars in Variant Pharmaceuticals speaks volumes about Variant's team, their vision, and their drug pipeline," said Barry Kiront, CEO of Craft Capital.
About Craft Capital Management
Craft Capital Management is a full-service broker dealer and investment bank. Areas of focus include numerous growth sectors such as biotechnology, consumer goods and services, financial services and business, technology, healthcare, medical device, and other categories. Craft Capital Management assists companies with corporate finance services, including initial public offerings, follow-on offerings, private placements, registered direct offering, corporate notes, credit lines and financial advisory services. Additional information about Craft Capital Management LLC is available at www.craftcm.com. If you would like to inquire how Craft Capital may be able to assist with your company's financial needs, please contact us at [email protected].
About Variant Pharmaceuticals
Variant Pharmaceuticals is a clinical stage orphan drug company focusing on restoring health and transforming the lives of patients with rare diseases through innovation. It was established in 2014, with the mission to become a leading orphan drug company. Variant's evolving product pipeline is targeted to the $100+ billion orphan drug market. Their lead drug candidate is 2-hydroxypropyl-β-cyclodextrin (2HPβCD) for chronic treatment of two orphan indications, Focal Segmental Glomerulosclerosis (FSGS) and Alport Syndrome (AS), rare progressive forms of kidney disease.
SOURCE Craft Capital Management