Carolus Therapeutics Receives $2.25M Debt Facility from Square 1 Bank

Carolus Therapeutics, a La Jolla, CA-based biopharmaceutical company, received a $2.25m debt facility from Square 1 Bank.

The financing will support future growth.

Founded in 2008, Carolus Therapeutics develops innovative new drugs that are aimed to provide relief to patients suffering from a host of disorders triggered by acute and chronic inflammation.

The company is led by CEO Court Turner, a venture partner at Avalon Ventures, which backs Carolus.

FinSMEs

06/03/2013

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