Arrivo BioVentures Lands $49,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88b07384-0310-418a-929e-e7cb4aadc141
Date
5/27/2016
Company Name
Arrivo BioVentures
Mailing Address
9001 Aerial Center Parkway Morrisville, NC 27560 USA
Company Description
Arrivo BioVentures, LLC is a privately held biopharmaceutical development company focused on identifying biologics and small molecules to improve patient care. Arrivo is based in Morrisville, N.C., on the edge of Research Triangle Park.
Website
http://www.arrivobio.com
Transaction Type
Venture Equity
Transaction Amount
$49,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Arrivo plans to use the funds to develop four to six new drug candidates over the next several years.
M&A Terms
Venture Investor
Solas Bioventures
Venture Investor
Rex Health Ventures
Venture Investor
Undisclosed