Biotech, Drugs, VC

Entra Pharma Raises $4.2M

Luke Timmerman 12/18/08

Entra Pharmaceuticals, a Waltham, MA-based drug delivery startup, raised $4.2 million in the first tranche of a Series A venture financing, according to PE Hub, which cited a regulatory filing. The round could be expanded to $12.5 million by the end of November if Entra reaches certain milestones. Flybridge Capital Partners and North Bridge Venture Partners are backing the company.

Luke Timmerman is the National Biotechnology Editor for Xconomy. You can e-mail him at ltimmerman@xconomy.com, call 206-624-2374, or follow him on Twitter at http://twitter.com/ldtimmerman.