This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Relypsa brings in $70mm through its Series B venture round
Relypsa Inc. (developing nonabsorbed polymeric therapeutics for cardiovascular and renal conditions) has raised $70mm through the closing of its Series B venture round. New investor OrbiMed Advisors led the financing (and contributes a board member) and was joined by current shareholders New Leaf Venture Partners, 5AM Ventures, Delphi Ventures, Sprout Group, and Mediphase Venture Partners. The company will use the funds to continue working on RLY5016, which has finished Phase II for chronic and acute hyperkalemia, a disease prevalent in patients with renal impairment, hypertension, diabetes, and heart failure.
Already a Strategic Transactions subscriber?You have access to the full deal record through your subscription
Want to become a subscriber?Subscribers get more deal details, updates, deal financials and deal products.Questions?