Versartis raises $20 million in D round

Versartis Inc. (Redwood City, Calif.) raised $20 million in a series D round led by new investor Sofinnova Ventures. Existing investors Advent Venture Partners; Aisling Capital; drug delivery company Amunix Operating Inc. (Mountain View, Calif.); Index Ventures; and New Leaf Venture Partners also participated. Sofinnova's Srinivas Akkaraju will join Versartis' board. ...