Company Name Tracon Pharmaceuticals
Mailing Address 8910 University Center Dr. San Diego, CA 92122
Company Description TRACON Pharmaceuticals, Inc. is a fast growing biotechnology company developing next-generation targeted therapies for cancer and related diseases. We are addressing unmet needs in this arena with product candidates that focus on cellular targets specifically implicated in cancer growth and angiogenesis.
Proceeds Purposes Proceeds purposes were not disclosed. Amount sold includes cash proceeds and conversion of $2,500,000 of principal/interest under certain promissory notes into equity at the purchase price paid by cash investors. Another ~$8 million in cash may be invested at the option of certain investors. SEC regulatory filing.