News Article

PhaseBio Picks Up $40M Series C Led By AstraZeneca
Date: Mar 12, 2015
Author: Brian Gormley
Source: dowjones.com ( click here to go to the source)

Featured firm in this article: PhaseBio Pharmaceuticals Inc of Malvern, PA



PhaseBio Pharmaceuticals Inc . has raised $40 million to develop drugs for two of the largest markets in health care: Type 2 diabetes and heart failure.

Type 2 diabetes affects about 28 million Americans, according to the American Diabetes Association . More than five million Americans have heart failure, according to the Centers for Disease Control and Prevention ....