Vascular Pharmaceuticals Receives $9,000,000 Series A Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=681c8f40-7202-4ab8-8d09-606136ab02ce
Date
3/4/2015
Company Name
Vascular Pharmaceuticals
Mailing Address
510 Meadowmont Village Way Chapel Hill, NC 27517 USA
Company Description
Vascular Pharmaceuticals, Inc. is focused on the development and commercialization of novel therapeutics targeting the treatment of diabetes associated complications.
Website
http://www.vascularpharma.com
Transaction Type
Venture Equity
Transaction Amount
$9,000,000
Transaction Round
Series A
Proceeds Purposes
The financing will enable it to better compete for study participants for its midstage clinical trial of a drug for diabetic nephropathy.
M&A Terms
Venture Investor