Pronutria Biosciences Inc., a biotechnology company pioneering a new therapeutic modality to mediate amino acid biology, today announced that Christopher A. Viehbacher, Managing Partner, Gurnet Point Capital, will join Pronutria’s Board of Directors. In addition, Gurnet Point Capital has made an investment in Pronutria, the fund’s first announced investment, completing Pronutria's Series C financing. The terms of the investment were not disclosed.
“We are honored to have Chris join our board and are thrilled to welcome Gurnet Point into our investor syndicate,” said Robert Connelly, President and Chief Executive Officer at Pronutria. “As one of our industry’s most seasoned and visionary leaders, Chris’ contributions will be a critical, guiding factor as we continue to build a transformative biotechnology company.”
Mr. Viehbacher commented: “At Gurnet Point Capital, we are seeking to partner with companies who have the long-term vision and drive necessary to create truly transformational products. I’ve followed Pronutria for several years and am continually impressed by the potential of their platform and their progress as they establish an entirely new class of therapeutic and nutritional products. I look forward to participating in the company’s continued growth as a member of Pronutria’s Board of Directors.”
“The addition of Chris to the Board and his active involvement with the company signal a watershed moment for Pronutria,” said Noubar Afeyan, Chairman and Co-founder of Pronutria Biosciences, and Senior Managing Partner and CEO of Flagship Ventures. “We have a leadership team and a Board with an unparalleled track record for envisioning and delivering breakthroughs that advance science and bring new solutions to patients. Chris’ participation will be invaluable as we continue down the path to commercialization.”
