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CoLucid Pharma Clears New Venture Capital Debt

Wednesday, June 29, 2011 5:31:00 AM PDT | VentureDeal Staff

Research triangle Park, North Carolina  --  CoLucid Pharmaceuticals has secured $1.5 million in new venture capital debt, according to an SEC regulatory filing.

CoLucid is developing therapies for central nervous system disorders such as migraine headaches.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

CoLucid is still seeking an additional $6 million, according to the filing.

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