Tech Company Financing Transactions

True North Therapeutics Funding Round

True North Therapeutics, based in South San Francisco, raised $22 million from Baxter Ventures, Biogen Idec and Kleiner Perkins Caufield & Byers.

Transaction Overview

Announced On
6/17/2014
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds from the financing will be used to advance True North's lead drug candidate, TNT009, into clinical development, with the initiation of the first human clinical trial planned for early 2015.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
951 Gateway Blvd.
South San Francisco, CA 94080
USA
Email Address
Overview
True North Therapeutics is a pioneering biotechnology company selectively inhibiting the Complement pathway for diseases of high unmet clinical need. The company's lead monoclonal antibody, TNT009, targets the Classical Complement pathway, enabling selective inhibition of downstream phagocytosis, inflammation, and cell lysis.
Profile
True North Therapeutics LinkedIn Company Profile
Social Media
True North Therapeutics Company Twitter Account
Company News
True North Therapeutics News
Facebook
True North Therapeutics on Facebook
YouTube
True North Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nancy Stagliano
  Nancy Stagliano LinkedIn Profile  Nancy Stagliano Twitter Account  Nancy Stagliano News  Nancy Stagliano on Facebook
Chief Financial Officer
Pamela Wapnick
  Pamela Wapnick LinkedIn Profile  Pamela Wapnick Twitter Account  Pamela Wapnick News  Pamela Wapnick on Facebook
Chief Medical Officer
Gary Patou
  Gary Patou LinkedIn Profile  Gary Patou Twitter Account  Gary Patou News  Gary Patou on Facebook
VP - Bus. Development
Adam Rosenthal
  Adam Rosenthal LinkedIn Profile  Adam Rosenthal Twitter Account  Adam Rosenthal News  Adam Rosenthal on Facebook
VP - R & D
Graham Parry
  Graham Parry LinkedIn Profile  Graham Parry Twitter Account  Graham Parry News  Graham Parry on Facebook


 

 

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Prev: 6/17/2014: HighRoads venture capital transaction
Next: 6/17/2014: PowerVision venture capital transaction

 

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About Our Venture Capital Transactions Database

Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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