Pharmasset raises $40M

Pharmasset (Atlanta, Ga.) raised $40 million in a series D round led by Burrill. Other investors in the infectious diseases company included MDS Capital; CDIB Bioscience Ventures; MPM; and TVM Techno Venture Management. Banc of America was the placement agent. G. Steven Burrill, CEO of Burrill, will join Pharmasset's board. ...