Lead Therapeutics captures $3M for cancer treatments

Lead Therapeutics, developer of medications for cancer and other infectious diseases, has roped $3 million of an expected $7 million round of debt and rights, reports VentureWire. Based in San Bruno, Calif., it previously brought in $17 million in a first round of venture funding in 2007 from Mustang Ventures, Pappas Ventures and ProQuest Investments. The company conducts most of its research and operations in China.

Life sciences briefing: Tuesday, Nov. 6, 2007

Life sciences briefing: Tuesday, Nov. 6, 2007

Featured companies: Ganeden Biotech, Glenveigh Medical, Lab21, Lead Therapeutics, Navigenics, Pacific Data Designs, PharMEDium Healthcare, Sloning BioTechnology, VistaGen

UPDATED: Expanded items on Lead Therapeutics, Glenveigh Medical and Sloning BioTech, and moved the Navigenics news to a separate item here.

Lead Therapeutics raises $17M for China-based work in cancer and immunology — San Bruno, Calif.-based Lead Therapeutics, a drug-development startup that plans to do most of its research and development in China, raised $17 million in a first funding round…. Continue Reading