Neuro upstart launches out of RA Capital’s low-profile incubator with Big Pharma vets, clinical drugs and $80M
As a pain researcher of 20-plus years, Valerie Morisset doesn’t get excited about new drug ideas easily.
So when Andrew Levin from RA Capital called to talk about a prodrug of the endocannabinoid palmitoylethanolamide, she was skeptical. Morisset had just swapped out a career in biotech — most recently heading up biology and translational medicine for Convergence Pharmaceuticals through its acquisition by Biogen — for a VC perch at Bridge Valley Ventures , and together with Simon Tate, the managing director of Intermediate Capital Group, they dived in for three months of due diligence.
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