Cambridge-based FoldRx Pharmaceuticals Raises $29M, and yes, they are hiring!

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From New England Tech Wire | June 15, 2010



Cambridge, Mass. -- FoldRx Pharmaceuticals, a privately held, Cambridge-based firm, announced on Tuesday that it has raised $29 million financing in a venture capital deal, led by Novo Ventures and Morgenthaler Ventures. Founded in 2003, FoldRx is focused on developing small molecule therapeutics to treat diseases of protein misfolding and aggregation. The company is building a pipeline, initially for neurodegenerative and cardiovascular conditions. Other investors in FoldRx include Healthcare Ventures, Fidelity Biosciences, TPG Biotechnology, Alta Partners, and Novartis Venture Funds.



http://www.foldrx.com


 


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