Tech Company Financing Transactions
Palvella Therapeutics Funding Round
Adams Street Partners, Agent Capital and BioAdvance Ventures participated in a $45 million Series C funding round for Palvella Therapeutics. The round closed on 6/1/2020.
Transaction Overview
Company Name
Announced On
6/1/2020
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the capital for the advancement of PTX-022 (QTORIN 3.9% rapamycin anhydrous gel) for the treatment of adults with PC, a rare, chronically debilitating and lifelong genetic disease.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
125 Strafford Ave. 360
Wayne, PA 19087
USA
Wayne, PA 19087
USA
Phone
Website
Email Address
Not Recorded
Overview
Palvella Therapeutics was founded with the single-minded goal of serving individuals suffering from rare diseases by developing safe and efficacious therapies that will dramatically enhance their quality of life. We focus on developing therapies that specifically target the root cause of the disease.
Management Team
Title
Name
Email & Social
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