BioCentury
ARTICLE | Financial News

NEA, Versant back ophthalmic play Oyster Point with $22M A round

November 7, 2017 1:03 PM UTC

Oyster Point Pharmaceuticals Inc. (San Francisco, Calif.) raised $22 million in a series A round led by New Enterprise Associates and Versant Ventures. Oyster Point President and CEO Jeffrey Nau told BioCentury he expects the funding to take the ophthalmic company’s two lead candidates through Phase II testing.

Nau said he expects the first candidate to enter the clinic next quarter and the second in 2Q18...