Monday, September 26, 2011

Elevation Pharmaceuticals Pulls In $17M, Names Execs

San Diego-based Elevation Pharmaceuticals announced today that it has drawn down a $17M, tranched Series A financing for the company, and also appointed a number of executives. The company also said it has named Jaisim Shah as Senior Vice President and Chief Business officer, and named Pravin Soni as Senior Vice President and Chief Technical Officer. Shah was previously at Zelos Therapeutics, and has also served at Zelos Therapeutics, CytRx, Facet Biotech, PDL BioPharma, F. Hoffman-LaRoche, and Bristol-Myers Squibb. Soni hs served at Alexza Pharmaceuticals, Cygnus, and Raychem. Elevation Pharmaceuticals is venture backed by Canaan Partners, TPG Growth, Care Capital, and Mesa Verde Venture Partners. More information »

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