Tech Company Financing Transactions
Tetra Discovery Partners Funding Round
On 11/30/2016, Tetra Discovery Partners raised $5 million in Series A funding from Apjohn Ventures, Grand Angels and Dolby Family Ventures.
Transaction Overview
Company Name
Announced On
11/30/2016
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Proceeds Purpose
We are very pleased to receive this new financing which will enable Tetra to complete the necessary preparations for a planned Phase 2a study of our lead drug candidate, BPN14770, in Alzheimer's disease during the second half of 2017.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
38 Fulton St. W 303
Grand Rapids, MI 49503
USA
Grand Rapids, MI 49503
USA
Phone
Website
Email Address
Overview
Our research focuses on developing new treatments for depression based on subtype-selective modulation of phosphodiesterase 4B (PDE4B). PDE4 in neurons is responsible for the hydrolysis of cAMP. We and our colleagues recently described the protein structure of a key PDE4 regulatory domain known as UCR2.
Management Team
Title
Name
Email & Social
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