Projo Biz Blog

Providence firm wins state backing

9:02 AM Wed, Oct 29, 2008 |
By Business staff    Email this author |   Email this entry

P&H Therapeutics, Inc., a Providence-based company developing next-generation drugs to treat hypertension and dyslipidemia, has won a $500,000 commitment from the Slater Technology Fund, the state-backed venture capital fund.

P&H was co-founded by William Park, and Daniel Holsworth, former Pfizer research scientists with extensive experience in hypertension and cardiovascular disease and a combined 24 patents between them.

The company is led by CEO Robert Valentini, who previously co-founded Cell-Based Delivery and Myomics. P&H's core intellectual property is centered around small-molecule, orally available compounds.

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