- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea158a22-3e53-491a-a7a1-12a9008efa06 - Date
8/25/2014 - Company Name
Civitas Therapeutics - Mailing Address
190 Everett Ave. Chelsea, MA 02150 USA - Company Description
Civitas is a pharmaceutical company focused on developing products with a clinically proven dry powder pulmonary delivery platform. The proprietary dry powder and device combination is unique in its ability to deliver a large, precise dose independent of inspiratory flow rate from a simple, passive device. - Website
http://www.civitastherapeutics.com - Transaction Type
Venture Equity - Transaction Amount
$55,000,000 - Transaction Round
Series C - Proceeds Purposes
The proceeds from this financing round will be used towards the upcoming Phase 3 clinical trials for our lead candidate, CVT-301, an inhaled formulation of levodopa (L-dopa) being developed for rapid and reliable relief from debilitating motor fluctuations, known as OFF episodes, associated with Parkinson’s disease (PD), as well as for the development of additional, early stage pipeline programs. - M&A Terms
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