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Aerial BioPharma Lands New Venture Capital Funding

Friday, October 12, 2012 5:32:00 AM PDT | VentureDeal

   Morrisville, North Carolina  --  Pharmaceutical company Aerial BioPharma has received $5.7 million in new venture capital equity financing, according to an SEC regulatory filing.

Aerial is pursuing drug development efforts in the narcolepsy, pain management and nausea/vomiting treatment areas.

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

Aerial is still seeking $6.3 million in additional financing, according to the filing.

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