Reata Pharma draws $25M for cancer and inflammation drugs
Irving, Texas-based Reata Pharmaceuticals, a biotech working on new drugs to treat cancer and inflammation, raised $25 million in a fifth funding round. The round was led by existing investors, including CPMG and Novo A/S.
Next Story: Abeome pulls in seed investment for antibody production
Previous Story: BioVex raises $22M for cancer-killing viruses
Tags: biotechnology, cancer, co:Reata-Pharmaceuticals, deal, inflammation, inv:CPMG, inv:Novo-A/S
David Hamilton has been writing for VentureBeat LifeScience since April 2007. He formerly spent 14 years as a reporter for the Wall Street Journal in its San Francisco and Tokyo bureaus. Prior to that, he spent several years as a reporter at Science Magazine and as a reporter/researcher for the New Republic, both in Washington.