Deal Announcements

Aratana Therapeutics Adds 2nd VC Financing

Thursday, December 08, 2011 5:30:00 AM PDT | VentureDeal Staff

   Kansas City, Missouri  --  Animal health company Aratana Therapeutics has secured $15 million in its second round of venture capital financing.

Aratana is developing compounds acquired from human pharmaceutical companies and then out-licenses or partners with major animal health companies for commercialization.

Investors in the round included MPM Capital, Avalon Ventures, Cultivian Ventures and others.

The company has raised a total of $31 million to date and expects to use the proceeds from this round to expand its pipeline of products.

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