Deal Announcements

FoldRx Pharmaceuticals Closes $29 Million VC Funding

Wednesday, June 16, 2010 5:53:00 AM PDT | VentureDeal Staff

Cambridge, Massachusetts  --  FoldRx Pharmaceuticals has garnered $29 million in a new round of institutional venture capital investment.

FoldRx is developing "disease modifying drug therapies for diseases of protein mis-folding and amyloidosis."

There were numerous investors in the round. The company said it would use the funding proceeds to continue advancing the development of its tafamidis product.

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