Deal Announcements

Aduro BioTech Sees Series B Venture Capital

Thursday, April 21, 2011 5:36:00 AM PDT | VentureDeal Staff

   Berkeley, California  --  Biotechnology company Aduro BioTech has secured $19.25 million in its second round of venture capital investment, according to a company statement.

Aduro is developing therapeutic and prophylactic vaccines for cancer and infectious diseases.

The Morningside Group participated in the round along with other unnamed investors.

The company said it would use the funding to advance its lead pancreatic cancer vaccine into Phase 2 clinical trial.

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