TransPharma arranges financing

TransPharma Medical Ltd., a specialty pharmaceutical company, said it secured $18 million in Series C financing led by Argonaut Private Equity.

TransPharma Medical Ltd., a specialty pharmaceutical company, said it secured $18 million in Series C financing led by Argonaut Private Equity. Teva Pharmaceutical Industries Ltd. was a new investor in the financing, which also included previous investors Pitango Venture Capital, Evergreen Partners, T2C2/Bio, Vitalife, Biomedical Investments and TIF Ventures Pte Ltd.