Tech Company Financing Transactions
Altheos Funding Round
Bay City Capital, Canaan Partners and Novo Ventures invested in a $12.5 million Series A funding round for Altheos. This venture round was announced on 2/9/2012.
Transaction Overview
Company Name
Announced On
2/9/2012
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors
Proceeds Purpose
The increase of our Series A round allows us the opportunity to advance our lead candidate to phase 3 trials.
Company Information
Company Status
Out of Business
Industry
Biopharmaceutical
Mailing Address
601 Gateway Blvd. 250
South San Francisco, CA 94080
USA
South San Francisco, CA 94080
USA
Phone
Website
Email Address
Overview
Altheos, Inc. is focused on the development of a best-in-class next-generation eye drop treatment for glaucoma. The lead compound, ATA907, is a selective rho-kinase (ROCK) inhibitor developed specifically for topical treatment of glaucoma which Altheos licensed from a Japanese pharmaceutical company.
Management Team
Title
Name
Email & Social
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