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Venture Capital

VC-Backed Pharmaceutical Startup Secures $65M Series B

by posted 1year ago 437 views
Iterum Therapeutics Limited, an Irish clinical-stage pharmaceutical company focused on the development and commercialization of anti-infectives for patients with infectious diseases and other acute illnesses, has closed an oversubscribed Series B investment round raising&nbsp;<span class="xn-money">$65 million</span>.&nbsp;The round was led by new investor Arix Bioscience plc, and included Pivotal bioVenture Partners, Advent Life Sciences, Domain Associates and Bay City Capital.