Life-science briefing: Tuesday, April 8, 2008

Life-science briefing: Tuesday, April 8, 2008

TODAY’S HEADLINES:

AGI Dermatics takes in $5M for skincare products (release)
Myconostica raises £3.9 for fungal diagnostics (GenomeWeb)

Germany’s Noxxon gets €1M grant for aptamer drugs (release)

AGI Dermatics takes in $5M for skincare products – Freeport, N.Y.-based AGI Dermatics, a startup concentrated on skincare products, raised $5 million in… Continue Reading

Aptamer-drug maker Archemix files for $69M IPO

(UPDATED: See below.)

Noxxon Pharma draws $50M for aptamer drugs

Noxxon Pharma, a Berlin-based biotech, raised 37 million euros ($50 million) to help push its first aptamer-based drug candidates for kidney and eye disease into clinical trials.

The main new investors included TVM Capital, Sofinnova Partners, and Edmond de Rothschild Investment Partners.

Aptamers are short stretches of… Continue Reading