Tech Company Financing Transactions

Othera Pharmaceuticals Funding Round

Othera Pharmaceuticals, based in Conshohocken, secured $13 million from NewSpring Capital, Johnson & Johnson Development Corporation and Liberty Venture Partners.

Transaction Overview

Announced On
Transaction Type
Venture Equity
Series B
Proceeds Purpose
This capital will allow us to file an Investigational New Drug application this Fall for our lead drug, OT-551, an eyedrop formulation that is being developed to prevent or delay cataract formation.

Company Information

Company Status
Acquired or Merged
Mailing Address
Four Tower Bridge 200 Barr Harbor Drive 400
Conshohocken, PA 19428
Email Address
Othera Pharmaceuticals, Inc. is a privately-held U.S. specialty pharmaceutical company focused on the development of innovative new drugs to treat the leading causes of blindness and vision impairment.
Othera Pharmaceuticals LinkedIn Company Profile
Social Media
Othera Pharmaceuticals Company Twitter Account
Company News
Othera Pharmaceuticals News
Othera Pharmaceuticals on Facebook
Othera Pharmaceuticals on YouTube

Management Team

Email & Social
Chief Executive Officer
David Joseph
  David Joseph LinkedIn Profile  David Joseph Twitter Account  David Joseph News  David Joseph on Facebook
Vice President
Al Reaves
  Al Reaves LinkedIn Profile  Al Reaves Twitter Account  Al Reaves News  Al Reaves on Facebook
VP - Bus. Development
Philip Heifetz
  Philip Heifetz LinkedIn Profile  Philip Heifetz Twitter Account  Philip Heifetz News  Philip Heifetz on Facebook
VP - R & D
Ghanshyam Patil
  Ghanshyam Patil LinkedIn Profile  Ghanshyam Patil Twitter Account  Ghanshyam Patil News  Ghanshyam Patil on Facebook



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