A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.

Big deal: NMD series A muscles

Aarhus University spinout NMD Pharma, which focuses on therapies for neuromuscular conditions, has attracted the support of several corporates for its $47m series A round.

Dracen collects $40m series A

The Johns Hopkins spinout will funnel the cash into developing a class of glutamine antagonist that could help treat cancer.

Renephra lances $327,000 round

The transdermal fluid removal spinout will aim for a close of…