Drug developers continue to raise significant venture capital in 2015 with experienced executives and novel therapeutic approaches attracting large VC funding rounds to support early-stage research and development programs, including a $40m Series C round for True North Therapeutics.
South San Francisco-based True North has raised $97m in three funding rounds in a year and a half with investors putting their confidence in CEO Nancy Stagliano, who was CEO of iPierian when Bristol-Myers Squibb Co. bought the neurodegenerative disease-focused company for up to $725m
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