STORM Therapeutics Extends Series A Round to Include New Investor Taiho Ventures

Taiho Ventures First Investment in Europe

8 January 2018, Cambridge, UK: STORM Therapeutics, the leading drug discovery company focused on small molecule therapies modulating RNA modifying enzymes, today announced that it has raised an additional £4 million of funding from Taiho Ventures, LLC the strategic corporate venture capital arm of Taiho Pharmaceutical Co., Ltd. This is an addition to the £12 million Series A Financing announced in June 2016. Taiho Ventures joins the existing blue chip investor syndicate of Merck Ventures, Cambridge Innovation Capital, Pfizer Venture Investments and Touchstone Innovations with an equal size of investment. Sakae Asanuma, President of Taiho Ventures, joins STORM Therapeutics’ Board of Directors.

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By Optimum

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