Tricida Announces In-House Discovered Clinical Candidate In Cardiorenal Disease
9/4/2014 10:59:16 AM
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Tricida, Inc., a privately-held biopharmaceutical company focused on the discovery and development of first-in-class chronic therapies addressing complications of renal disease, announced today the discovery of a clinical candidate for chronic treatment of complications of cardiorenal disease. Earlier this year, Tricida closed a $10 million Series A financing led by OrbiMed Advisors, with investments by Sibling Capital Ventures and Limulus Venture Partners. Sibling Capital Ventures, Tricida’s founding investor, provided seed funding to enable pre-clinical activities and market validation studies ahead of the Series A financing.
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