Tuesday, January 09, 2007 7:30:00 AM PDT | VentureDeal Staff
MD -- Sequoia Pharmaceuticals, Inc.
announced that it has raised $35 million in a series C round of financing led by
The Wellcome Trust.
Additional investors included Sofinnova Partners, Aberdare Ventures, Healthcare Ventures and new
investor MedImmune Ventures.
The company intends to use the funding proceeds to further develop its pipeline
of candidates for treatment of drug-resistant HIV infections, which include an
HIV protease inhibitor and a Pharmacokinetic Enhancer.
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