San Mateo-based
Allergen Research, which is developing desensitization treatments for food allergies, said Thursday that it has raised $80M in a Series B funding. The biopharmaceuticals firm said the funding goes towards a Phase 3 clinical trail of its lead product, aimed at treating peanut allergies. The funding was led by Foresite Capital, and also included Longitude Capital, Fidelity Management & Research Company, Aisling Capital, Adage Capital, RA Capital Management and Palo Alto Investors. Jim Tananbaum of Foresite and Stacey Seltzer of Aisling join the company's board with the funding.
posted on Friday, March 13, 2015
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Allergen Research Corp
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