Locus Pharmaceuticals, Inc. Completes $30.2 Million Financing Round

BLUE BELL, Pa.--(BUSINESS WIRE)--Locus Pharmaceuticals, Inc., a computationally based drug design and development company, announced today that it has closed on a $30.2 million financing. Novartis Bioventures Ltd., Prism Venture Partners and HBM BioVentures (Cayman) Ltd. co-led the round. S.R. One, Limited and L Capital Partners SBIC, L.P. also participated, as did certain other existing shareholders of the Company. Novartis Bioventures, HBM BioVentures (Cayman) Ltd., L Capital Partners and S.R. One are new investors to Locus. Prism Venture Partners is Locus’ founding investor.

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