Deal Announcements

Cambria Pharmaceuticals Secures Series A Funding

Wednesday, April 23, 2008 5:38:00 AM PDT | VentureDeal Staff

WOBURN, MA -- Cambria Pharmaceuticals, Inc. announced that it has raised $5.4 million in its first round of venture capital financing.

Cambria is discovering treatments for "serious and progressively disabling neurological disorders."  The company uses recently-discovered genetic basis information to engineer new solutions, and intends to focus on ALS (Lou Gehrig's disease" and other serious diseases.

Biogen Idec New Ventures, CommonAngels of Boston and a number of individual investors invested in the round. 

The company will use the funding to advance its lead program in ALS through the clinical trial process.

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