Posted June 9, 2009

Pappas Ventures joins investment round in California firm

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Life sciences venture capital firm Pappas Ventures is among the investors in a new round of financing for Lead Therapeutics.

VentureWire reported Monday that the California firm had raised $3 million of an expected $7 million round.

In 2007, Lead Therapeutics raised $17 million. The firm is focused on treatments for cancer and infectious diseases.

Other investors include Mustang Ventures and ProQuest Investments.

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