Tech Company Financing Transactions

Tokai Pharmaceuticals Funding Round

Apple Tree Partners, Novartis Venture Fund and private investors invested in a $23 million Series D capital raise for Tokai Pharmaceuticals . The round was announced by the company on 9/20/2011.

Transaction Overview

Announced On
9/20/2011
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series D
Investors

Apple Tree Partners (Seth Harrison)

Novartis Venture Fund (Reinhard Ambros)

Proceeds Purpose
The new money will go toward Tokai's lone drug in development, galeterone (TOK-001), as it advances into the second of three phases of trials normally required for FDA approval.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
255 State St. 6th floor
Boston, MA 02109
USA
Email Address
Not Recorded
Overview
Tokai Pharmaceuticals (NASDAQ: TKAI) develops biopharmaceutical products that focus on endocrine treatment. The company is developing novel, proprietary therapies for prostate cancer and other hormonally-driven diseases.
Profile
Tokai Pharmaceuticals  LinkedIn Company Profile
Social Media
Tokai Pharmaceuticals  Company Twitter Account
Company News
Tokai Pharmaceuticals  News
Facebook
Tokai Pharmaceuticals  on Facebook
YouTube
Tokai Pharmaceuticals  on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jodie Morrison
  Jodie Morrison LinkedIn Profile  Jodie Morrison Twitter Account  Jodie Morrison News  Jodie Morrison on Facebook
Chief Operating Officer
John McBride
  John McBride LinkedIn Profile  John McBride Twitter Account  John McBride News  John McBride on Facebook


 

 

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Prev: 9/20/2011: Credorax venture capital transaction
Next: 9/20/2011: RRKidz venture capital transaction

 

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