Posts tagged “Pappas”
RTP startup focused on diabetes raises $2.5M
Lumena's investors are venture capital firms Pappas Ventures and RiverVest Venture Partners. The new capital means the company can proceed to human tests for its novel type 2 diabetes treatment, which aims to develop a pill to help patients regulate their blood sugar.
Triangle may draw interest from more life science investors
Talk can be cheap, of course, and investors who look to Research Triangle Park have been pretty predictable over the years. But some new faces showed up at the CED Life Science Conference - and some familiar ones returned.
Co-founder of CoLucid Pharmaceuticals in Durham dies
Dr. James White, a long-time pharmaceutical executive, launched CoLucid in 2005 along with Art Pappas of Pappas Ventures in Durham.
Startup Chimerix reports positive test news for transplant drug
The company is studying the compound for the prevention of cytomegalovirus diseases, or CMV, in patients who have had stem cell transplants.
CeNeRx CEO looks for partner, gears for more clinical trials
The Cary-based company has closed on a fundraise of $4.8 million that the company will apply to its portfolio of central nervous system drug candidates, chiefly TriRima, which is set to complete phase 2b trials early next year. Existing investors Perseus Soros Biopharmaceutical Fund, L Capital Partners, Pappas Ventures and Omega Funds all participated in the latest round. CeNeRx has raised more than $55 million to date.
Cary-based CeNeRx lands $4.85M, advances Alzheimer's drug
Pappas Ventures is among the funders for the company that is focused on central nervous system diseases. CeNeRx also files a new drug application for a potential Alzheimer's treatment.
Will personalized medicine deliver on its promises?
There is no shortage of companies angling for financial backing of new therapies and diagnostics in personalized medicine. But will challenges of regulations, reimbursements, costs and technical requirements be overcome?
Belief in biotech founder delivers big dividends for Pappas Ventures
At the Durham-based venture capital firm's annual life science symposium, guests hear the inside story about California-based Plexxikon, its $935 million acquisition and personalized medicince drive led by CEO Peter Hirth.
CoLucid raises $7.5M in new funding, targets $2M more
The Durham-based startup launched by Pappas Ventures is looking for a partner to advance its lead pain reliever to Phase 3 clinical trials.
Durham-based CoLucid looking for drug development partners
The startup, which is backed by Triangle-based Pappas Ventures, receives FDA approval to proceed with Phase 3 clinical trials of lead migraine product.
Ex-Apache combat helicopter pilot is new CEO at pharma startup
CoLucid names Thomas Mathers, a veteran of Desert Storm who has an extensive background in life sciences, to replace its founding CEO James White.
Durham-based CoLucid raises another $1.5M in funding
The pharmaceutical startup is in the processing of raising $9 million. It closed on $2 million in February.
Chimerix secures $45M round for antiviral medicines
New funding is aimed at further development of vitally important new antiviral medicines for the treatment of life-threatening diseases.
Venture-backed CeNeRx raises $13M in new funding
RTP-based Pappas Ventures participates in the round. CeNeRx plans to use the funds for a clinical trial of its antidepressant drug candidate.
VCs just say 'no' to possible tax changes, but W.H. not listening
In a letter, VCs from the Triangle, southeast and across U.S. call on Senate to deep six a proposal that would change how VCs are taxed. Rep. Barney Frank offers help for VCs plus angels – and IPOs. However, White House has different view.
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MedCity
- Diabetes education uses video support network to improve outcomes
- GSK’s Deirdre Connelly dips toe into blogosphere. Will she take the plunge?
- Health 2.0 trends: depression as recovery obstacle, mobile health’s evolution
- Teen develops early stage, non-invasive pancreatic cancer detector, wins Intel science fair
- Chordoma: Drug screening starts to find new treatment for rare bone cancer


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