Duke Offshoot Trevena Closes $24M Funding Round to Support GPCR Drug-Discovery Tech | GenomeWeb
Trevena, a Duke University spinout developing drugs targeting G-protein coupled receptors, has closed a $24 million Series A financing round to continue developing its drug-discovery platform, the company said last week.
Trevena, whose platform is based in part on research conducted by a Duke scientist who helped invent the popular Transfluor GPCR assay, will look to leverage its relationship with its academic scientific founders to further develop its drug-discovery program, according to a company official.

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