Sometimes intent-to-treat
analyses don't tell the full story. Though tafamidis missed the co-primary
endpoints of a Phase II/III trial last July, FoldRx Pharmaceuticals Inc.
argued the results would support approval of the small molecule to treat
familial amyloid polyneuropathy (FAP).
Eleven months later, a group of
VCs led by new investors Novo Ventures and Morgenthaler Ventures has agreed.
Last week, they ponied up $29 million in a round designed to carry the program
to