PhaseBio Raises $14.7M to Move Potential Weekly PAH Treatment into Phase 2 Test
PhaseBio Pharmaceuticals announced the closing of $14.7 million in a financing mechanism called convertible notes that will help it  advance the clinical development of PB1046, its lead candidate to treat rare diseases of the heart and lungs, including pulmonary arterial hypertension (PAH). PB1046 is a vasoactive intestinal peptide (VIP) receptor agonist, being…