Athenian Venture Partners

Pharma

Midwest IT/life science VC: We see deals that other VCs fly right over

East Coast and West Coast VCs have easy access to the most dynamic technology and life science markets in the country. But Midwest VCs have access to smaller deals and promising companies that oftentimes fly under the radar of the big coastal investors. Some have the best of both worlds. Athenian Venture Partners, for one, […]

Pharma

Vascular disease biopharma Aerpio nabs $27M for trials of diabetic macular edema drug

A biopharmaceutical company that spun out of Cincinnati-based Akebia Therapeutics just eight months ago has raised $27 million to support development and clinical trials of its drug for diabetic macular edema. Novartis BioVentures led Aerpio Therapeutics’ series A, which also saw participation from Venture Investors LLC, Triathlon Medical Ventures, Kearny Venture Partners, Athenian Venture Partners […]

News

Akebia Therapeutics gets thumbs up from clinical trial, investors

Updated 6:47 p.m. Small molecule discovery and development company Akebia Therapeutics Inc. reported positive results from a second Phase 1 clinical trial of its anemia drug, as well as the second closing of a $16 million financing round announced almost a year ago, boosting the round to $17 million. Startup Akebia is racing to the […]

News

Cardiovascular biopharma Akebia takes additional funding to develop 2 drugs

The company stated it raised additional money to ensure the development of two of its drugs. Akebia plans later this year to start Phase I clinical trials on an oral medication designed to create new red blood cells in anemia patients. In addition, it wants to establish a human clinical proof of concept for a second drug that prevents vascular leak syndrome, in which blood components leak out of veins and into other systems -- a side effect of some cancer treatments.