Aristea Therapeutics garners $15 million funding from Novo Holdings

19 December 2018

San Diego, USA headquartered Aristea Therapeutics, a clinical-stage drug development company developing novel therapies to treat serious inflammatory diseases, today announced that it has secured $15 million from Denmark’s Novo Holdings in a completed Series A financing.

Aristea has also obtained exclusive global rights to its lead program RIST4721, from AstraZeneca. Aristea plans to initiate a Phase II clinical study in early 2019.

In connection with the financing, Tiba Aynechi and Ken Harrison, from Novo Ventures (US), have been appointed to Aristea's board of directors.

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