Xconomy San Diego

Aragon Pharmaceuticals Inc Garners $8,000,000 Series A Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e5c8e7c-c266-4e40-89e1-de03041bb307&Preview=1
Date
5/21/2009
Company Name
Aragon Pharmaceuticals Inc
Mailing Address
6755 Mira Mesa Blvd San Diego, CA 92121
Company Description
Aragon Pharmaceuticals is a San Diego based biopharmaceutical company focused on developing a pipeline of new anti-endocrine therapies targeting the biology of hormone resistant cancers.
Website
http://www.aragonpharmaceuticals.com
Transaction Type
Venture Equity
Transaction Amount
$8,000,000
Transaction Round
Series A
Proceeds Purposes
The company said the funding will be used to develop new small molecule drugs for the treatment of hormone-resistant cancers, with an initial focus on prostate and breast cancer.
M&A Terms
Venture Investor
The Column Group
Venture Investor
OrbiMed