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ROXRO Pharma Closes $42.7 Million Financing Round

Wednesday, June 13, 2007 5:00:00 AM PDT | VentureDeal Staff
MENLO PARK, CA -- Pharmaceutical company ROXRO Pharma, Inc. said that it has closed a round of institutional financing, receiving $42.7 million.

ROXRO recently announced that it had completed Phase 3 clinical trials for ROX-888, its intranasal pain reliever.  If approved, the product would be the first non-opioid intranasal analgesic for treatment of acute pain.

Investors in the round were led by Prospect Venture Partners and Sutter Hill Ventures, and included Thomas Weisel Healthcare Venture Partners.

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