BioCentury
ARTICLE | Finance

Looking for a B(eefy) exit

Pain, epilepsy play NeuroTherapeutics aiming to reach exit with $43M B round

May 24, 2010 7:00 AM UTC

Investors are hoping last week's $43 million series B round for NeuroTherapeutics Pharma Inc. will get the biotech all the way to an acquisition.

Heath Lukatch, partner at Novo Ventures and chairman of NeuroTherapeutics, told Ebb & Flow that the round should get the company through three years and "three robust Phase IIa trials in pain and epilepsy" for preclinical lead candidate NTP-2014...