Painceptor Pharma Corp. Raises $24.4 M Series B Investment Round

MONTREAL, March 6 /CNW Telbec/ - PainCeptor Pharma Corp., a pharmaceutical company focused on the development of novel therapeutics for the treatment of chronic and acute pain, today announced it has raised $24.4 M in a Series B investment round. Investors in this round include: Desjardins Venture Capital, CDP Capital (managed by VantagePoint Venture Partners), T2C2/Bio 2000, Business Development Bank of Canada, and Lothian Partners 27 (sarl) SICAR. To date, PainCeptor has raised a cumulative total of $47 M in venture capital funding.

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