Tech Company Financing Transactions

True North Therapeutics Funding Round

HBM Healthcare Investments, Redmile Group and Franklin Templeton participated in a $45 million Series D capital raise for True North Therapeutics. This VC investment round was announced on 10/19/2016.

Transaction Overview

Company Name
True North Therapeutics
Announced On
10/19/2016
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series D
Investors

HBM Healthcare Investments (Lead Investor) (Andreas Wicki)

Redmile Group (Lead Investor) (Michael Lee)

Franklin Templeton

Perceptive Advisors

Proceeds Purpose
Proceeds from the financing will be used to accelerate further development of its lead complement inhibitor, TNT009, for Cold Agglutinin Disease (CAD), as well as other rare diseases targeting the Complement system.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
951 Gateway Blvd.
South San Francisco, CA 94080
USA
Phone
(650) 872-4700
Website
www.truenorthrx.com
Email Address
[email protected]
Overview
True North Therapeutics is a pioneering biotechnology company selectively inhibiting the Complement pathway for diseases of high unmet clinical need. The company's lead monoclonal antibody, TNT009, targets the Classical Complement pathway, enabling selective inhibition of downstream phagocytosis, inflammation, and cell lysis.
Profile
True North Therapeutics LinkedIn Company Profile
Social Media
True North Therapeutics Company Twitter Account
Company News
True North Therapeutics News
Facebook
True North Therapeutics on Facebook
YouTube
True North Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nancy Stagliano
  Nancy Stagliano LinkedIn Profile  Nancy Stagliano Twitter Account  Nancy Stagliano News  Nancy Stagliano on Facebook
Chief Financial Officer
Pamela Wapnick
  Pamela Wapnick LinkedIn Profile  Pamela Wapnick Twitter Account  Pamela Wapnick News  Pamela Wapnick on Facebook
Chief Medical Officer
Gary Patou
  Gary Patou LinkedIn Profile  Gary Patou Twitter Account  Gary Patou News  Gary Patou on Facebook
VP - Bus. Development
Adam Rosenthal
  Adam Rosenthal LinkedIn Profile  Adam Rosenthal Twitter Account  Adam Rosenthal News  Adam Rosenthal on Facebook
VP - R & D
Graham Parry
  Graham Parry LinkedIn Profile  Graham Parry Twitter Account  Graham Parry News  Graham Parry on Facebook

 

 

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Prev: 10/19/2016: Joy venture capital transaction
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