Cerexa raises $50 million

Cerexa (Alameda, Calif.) raised $50 million in a series B round co-led by Frazier Healthcare and New Leaf. Other investors included Domain; Canaan; OrbiMed; A.M. Pappas; Montreux; EGS; and CDIB BioScience. Frazier's Patrick Heron and New Leaf's Ron Hunt will join Cerexa's board. ...