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Laguna Pharmaceuticals closes $30mm Series B round

Executive Summary

Laguna Pharmaceuticals Inc. (formerly ChanRx) raised $30mm in its Series B financing led by Versant Ventures and Frazier Healthcare, which each add a board member and were joined by other first-time backers BioMed Ventures and returning shareholder Sante Ventures. Laguna will use the money to advance its lead candidate vanoxerine into Phase III for atrial fibrillation and atrial flutter.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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