A pharmaceutical startup led by a Charlotte-area dentist is raising capital to bring its product to market.

Cornelius-based Balanced Pharma Inc. launched a $25 million capital offering this week to support production of its dental anesthetic. The company is offering 6.25 million shares of common stock at $4 per share, according to a filing with the U.S. Securities and Exchange Commission.

Balanced Pharma is developing Libracaine Dental, a pH-balanced, local anesthetic injection. Current anesthetic…

A pharmaceutical startup led by a Charlotte-area dentist is raising capital to bring its product to market.

Cornelius-based Balanced Pharma Inc. launched a $25 million capital offering this week to support production of its dental anesthetic. The company is offering 6.25 million shares of common stock at $4 per share, according to a filing with the U.S. Securities and Exchange Commission.

Balanced Pharma is developing Libracaine Dental, a pH-balanced, local anesthetic injection. Current anesthetic… Read MoreCharlotte Business News – Local Charlotte News | Charlotte Business Journal