Posts tagged “Pappas”

9:14 a.m. yesterday

Co-founder of CoLucid Pharmaceuticals in Durham dies

CoLucid Dr. James White, a long-time pharmaceutical executive, launched CoLucid in 2005 along with Art Pappas of Pappas Ventures in Durham.

6:19 a.m. Tuesday

Startup Chimerix reports positive test news for transplant drug

Chimerix The company is studying the compound for the prevention of cytomegalovirus diseases, or CMV, in patients who have had stem cell transplants.

December 9, 2011

CeNeRx CEO looks for partner, gears for more clinical trials

Brain power 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.

Updated December 9, 2011

Cary-based CeNeRx lands $4.85M, advances Alzheimer's drug

CeNeRx 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.

November 19, 2011

Will personalized medicine deliver on its promises?

DNA 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?

Updated October 11, 2011

Belief in biotech founder delivers big dividends for Pappas Ventures

Plexxicon CEO Peter Hirth 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.

August 30, 2011

CoLucid raises $7.5M in new funding, targets $2M more

CoLucid The Durham-based startup launched by Pappas Ventures is looking for a partner to advance its lead pain reliever to Phase 3 clinical trials.

August 18, 2011

Durham-based CoLucid looking for drug development partners

CoLucid's pipeline The startup, which is backed by Triangle-based Pappas Ventures, receives FDA approval to proceed with Phase 3 clinical trials of lead migraine product.

July 15, 2011

Ex-Apache combat helicopter pilot is new CEO at pharma startup

Tom Mathers CoLucid names Thomas Mathers, a veteran of Desert Storm who has an extensive background in life sciences, to replace its founding CEO James White.

June 28, 2011

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.

CoLucid's pipeline CoLucid's pipeline

February 14, 2011

Chimerix secures $45M round for antiviral medicines

Chimerix New funding is aimed at further development of vitally important new antiviral medicines for the treatment of life-threatening diseases.

August 13, 2010

Venture-backed CeNeRx raises $13M in new funding

CeNeRx RTP-based Pappas Ventures participates in the round. CeNeRx plans to use the funds for a clinical trial of its antidepressant drug candidate.

Updated May 13, 2010

VCs just say 'no' to possible tax changes, but W.H. not listening

VCs write their Senators 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.