Nitec Pharma AG Raises $22 Million

Published: Sep 30, 2008

Nitec Pharma AG, a Swiss drug company focused on chronic inflammation and pain-related diseases, has raised CHF 24 million (approx. $22m) in new VC funding. TVM Capital led the round, and was joined by Deutche Bank and return backers NGN Capital, Global Life Sciences Venture and Atlas Venture. www.nitecpharma.com

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