BioCentury
ARTICLE | Financial News

Principia secures $50 million in B round

April 23, 2014 12:03 AM UTC

Principia Biopharma Inc. (South San Francisco, Calif.) raised an undisclosed amount in the first tranche of a $50 million series B round led by new investor Sofinnova Ventures. Existing investors Morgenthaler Ventures; New Leaf Venture Partners; OrbiMed; SR One; and Mission Bay Capital also participated. Sofinnova's Srinivas Akkaraju joined Principia's board. ...