Patara Pharma Secures $33,000,000 Series A Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d8e1491d-9675-4e4e-83fb-27b67256d451
Date
10/13/2015
Company Name
Patara Pharma
Mailing Address
11455 El Camino Real San Diego, CA 92130 USA
Company Description
Patara Pharma is a clinical stage biotechnology company developing new therapeutics that target debilitating allergic and inflammatory diseases and conditions in orphan or focused patient populations.
Website
http://www.patarapharma.com
Transaction Type
Debt
Transaction Amount
$33,000,000
Transaction Round
Series A
Proceeds Purposes
The company will use the funds from the financing to evaluate its lead candidate, PA101B, in multiple indications, including for refractory chronic cough and indolent systemic mastocytosis.
M&A Terms
Venture Investor
Undisclosed