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Aerpio Therapeutics Raises Venture Capital Debt

Tuesday, April 19, 2016 5:01:00 AM PDT | VentureDeal



Cincinnati, Ohio  --  Biotechnology company Aerpio Therapeutics has received $4.5 million in new debt financing, according to an SEC regulatory filing.

Aerpio says that it is developing new small molecules and monoclonal antibodies for the treatment of vascular disease.

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

A total of 54 investors participated in the offering.

Aerpio is still seeking $4.66 million in additional debt investment, according to the filing.

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