Proteon completes $12M financing
Proteon Therapeutics, a privately-held US biopharmaceutical firm developing novel, first-in-class pharmaceuticals for patients with renal and vascular diseases, has recently completed a $12.0 million financing with its current investor syndicate.
Proteon will use these funds to advance its first product candidate, PRT-201, into human clinical studies in both hemodialysis vascular access and peripheral arterial disease. Proteon's investors include TVM Capital, Skyline Ventures, Prism VentureWorks and Intersouth Partners.
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