Petra Pharma racks up $48 mln Series A

Petra Pharma Corp, a startup focused on treating cancer and metabolic diseases that was launched by Accelerator Corp, has raised $48 million in Series A funding. The investors included AbbVie, Alexandria Venture Investments, ARCH Venture Partners, Eli Lilly and Company, Harris & Harris Group, Inc., Innovate NY Fund, Johnson & Johnson Innovation – JJDC, Inc, The Partnership Fund for New York City, Pfizer Venture Investments, Watson Fund and WuXi PharmaTech.

6 January 2016•4 mins read
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