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Biomedical investment and business development chatter





Things categorized as 'funding'


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Lycera Closes $36 Million Series A


Posted on April 16th .
Lycera announced the closing of a $36M Series A round of funding. The company is developing novel small-molecule pharmaceuticals to treat autoimmune diseases such as ...

Proteon Therapeutics Has A Big Day


Posted on March 5th .
Proteon Therapeutics announced it has successfully completed a $38 million Series B equity financing, started a Phase 1/2 clinical trial with its lead product, PRT-201, ...

Vertex to Buy Hepatitis C Drug Developer ViroChem for $375M


Posted on March 4th .
Vertex, which is developing the hepatitis C virus (HCV) protease inhibitor telaprevir, will add two polymerase inhibitors to its HCV drug development portfolio through an ...
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Heptares Secures $30M in Series A Funding


Posted on February 24th .
Heptares Therapeutics, the drug discovery company focused on drugs targeting G-protein-coupled receptors (GPCRs), annnouced it has raised $30M (GBP21M) of equity finance in a successful ...

Idenix Take $34M Upfront From GSK For IDX899


Posted on February 6th .
Idenix and GlaxoSmithKline announced the execution of a license agreement granting GSK exclusive worldwide rights to IDX899. Terms -------------------------------- Upfront: $34M ($17M in cash; $17M equity stake ...
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Symphogen Nets $44M in Financing


Posted on February 4th .
The Copenhagen based Symphogen announced the closing of a € 33 million (approximately U.S. $44 million) financing. Existing investors participated in the round, ...
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Hydra Biosciences Raises $22 Million in Series D Financing


Posted on January 16th .
Hydra Biosciences raised $22.2 million in a Series D financing led by MedImmune Ventures, a wholly-owned venture capital fund of MedImmune, the biologics business of ...

Kolltan Raises over $35 Million in Series A Haul


Posted on January 9th .
Kolltan Pharmaceuticals, which in my opinion sounds like the name of a cartoon villian, has raised over $35 million in its Series A preferred stock ...
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Vivaldi Biosciences Nets $23M in Series A Round


Posted on January 8th .
Vivaldi Biosciences, developing live attenuated vaccines for influenza, announced that it has received commitments for $23 million in a Series A Read More →
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Anaphore Announces $25 Million Series A Financing


Posted on January 7th .
Anaphore announced it has raised $25 million in Series A financing led by 5AM Ventures, Versant Ventures, and Apposite Capital. Not a bad haul for ...

Numerate Completes $4 Million Series A


Posted on November 18th .
Numerate, a biotechnology company leveraging a novel drug engineering process to design lead-stage drug compounds, announced today that it has completed a $4 million Series ...

Zafgen Raises $14 Million in Series B


Posted on November 17th .
ZafGen, a Cambridge-based developer of an obesity therapy based on the vascular targeting of adipose tissue, has raised $14 million in Series B funding, according ...
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Pacira Pharmaceuticals Raises $85 Million in Series A


Posted on November 17th .
Pacira Pharmaceuticals, a San Diego based maker of controlled-release injectable products, has expanded its Series A round to $85 ...

Accera Completes $35 Million Series C Financing


Posted on November 11th .
Accera announced it has recently closed a Series C financing round of $35 million (euro 27 million), led by Inventages Venture Capital SA. The company ...

TorreyPines Sells Alzheimer’s Disease Genetics Program to Eisai


Posted on November 10th .
TorreyPines Therapeutics, Inc. today announced that it has agreed to sell its Alzheimer's disease genetics research program to Eisai Co., Ltd. for an upfront cash ...