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Start-up Pliant Therapeutics raises $45mm in Series A round

Executive Summary

Newly formed Pliant Therapeutics Inc. raised $45mm in its Series A financing round with Third Rock Ventures. Proceeds will be used for overall pipeline development and to build an idiopathic pulmonary fibrosis (IPF) patient registry at University of California, San Francisco (UCSF) and an unidentified East Coast academic center in order to generate biomarker data that may inform drug discovery and clinical trial enrollment.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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