Xconomy Boston

Paloma Pharmaceuticals Garners $5,000,000 Series A Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24e14885-4fc6-4cc7-a97c-99f165e49eb0&Preview=1
Date
2/13/2008
Company Name
Paloma Pharmaceuticals
Mailing Address
37 Neillian Crescent Jamaica Plain, MA 02130
Company Description
Paloma Pharmaceuticals, Inc. is an early stage drug development company focusing on pathologies with a vascular component including cancer, ocular diseases (macular degeneration and diabetic retinopathy), arthritis, fibrotic diseases (pulmonary fibrosis) endometriosis, osteoporosis and skin diseases (psoriasis and atopic dermatitis).
Website
http://www.palomapharma.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Series A
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Undisclosed