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RAANANA, Israel--(BUSINESS WIRE)--TheraCoat Ltd. (TheraCoat), a clinical stage specialty pharmaceutical company focused on innovative drug-delivery solutions for the treatment of intra-cavital diseases, announces today the completion of a successful capital raise of $7M from private investors and venture Funds, both in Israel and abroad. Amongst the investors are Pontifax, and Chaim Hurvitz’s CHealth Fund. Mr. Hurvitz and Mr. Ran Nussbaum, a manager partner at Pontifax, have both joined the company’s board, chaired by Professor. Arie Belldegrun MD FACS.
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