Foley Hoag Represents Morphic Therapeutic in $51M Series A Financing
June 30, 2016
Foley Hoag LLP recently represented Waltham, MA-based Morphic Therapeutic, a biotechnology company developing a new generation of oral integrin drugs for a wide range of diseases, in its $51.5 million Series A financing.
Morphic Therapeutic was founded to translate the advances from the laboratory of Tim Springer, Ph.D. (Harvard Medical School, Boston Children’s Hospital) into new therapies for immunological, fibrotic, neoplastic and vascular diseases. Morphic Therapeutic is leveraging recent discoveries from Dr. Springer’s lab that may overcome the challenges that limited prior attempts to create small molecule integrin inhibitors.
The round was co-led by biotech investors SR One and Pfizer Venture Investments, who were also joined by new investors Omega Funds and AbbVie, and existing founding investors Polaris Partners, T. A. Springer, Schrödinger, Inc. and ShangPharma Investment Group.
Foley Hoag partner Mark Haddad and associate Patrick Connolly represented Morphic in the transaction, with assistance from partner Earl Mellott and associate Jeremy Arak.
We use cookies to enhance user experience, improve functionality and performance, and for analysis of website traffic. By clicking “accept”, you agree to the use of cookies. For more information about our cookie policy and the information we collect, please review our Privacy Statement.
Foley Hoag
Email Disclaimer
Transmitting information to us by e-mail unilaterally does not establish an attorney-client relationship or impose an obligation on either the law firm or even the receiving lawyer to keep the transmitted information confidential. By clicking "OK," you acknowledge that we have no obligation to maintain the confidentiality of any information you submit to us unless we already represent you or unless we have agreed to receive limited confidential material/information from you as a prospective client. Thus, if you are not a client or someone we have agreed to consider as a prospective client, information you submit to us by e-mail may be disclosed to others or used against you.
If you would like to discuss becoming a client, please contact one of our attorneys to arrange for a meeting or telephone conference. If you wish to disclose confidential information to a lawyer in the firm before an attorney-client relationship is established, the protections that the law firm will provide to such information from a prospective client should be discussed before such information is submitted. Thank you for your interest in Foley Hoag.
