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New San Diego Biotech K2 Therapeutics Locks In Over $30 Million, Company Name To Change Soon



6/26/2014 6:42:47 AM

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A new San Diego biotech, led by former Trius Therapeutics CEO Jeff Stein, has raised over $30 million to advance new drugs to treat life-threatening invasive fungal infections, according to a recent regulatory filing.

Stein declined to discuss the financing by phone this morning, saying a press release is planned next week for the seed-stage startup, which is undergoing a name change. The San Diego startup apparently aims to develop compounds that elicit or amplify an immune response to fungal infections.

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