Life sciences briefing: Wednesday, Feb. 20, 2008

Life sciences briefing: Wednesday, Feb. 20, 2008

TODAY’S HEADLINES:

San Diego’s Ocera raises $36M for gastrointestinal treatments (release)
Antibody-drug maker Affimed pulls in €20M (release)
GraftCath, venous catheter developer, gets $12M (VentureWire)
Ranier Tech takes in £8M for spinal-disc replacements (release)
NeuWave Medical pulls in $4.5M for microwave cancer treatment (Milwaukee J-S)
Avalon Ventures closes $150M fund for… Continue Reading

IPOs: Biotech ChemoCentryx and specialty-pharma Xanodyne head for the public market

IPOs: Biotech ChemoCentryx and specialty-pharma Xanodyne head for the public market

ChemoCentryx files for $58M IPO to fund autoimmune, inflammation drug — Mountain View, Calif.-based ChemoCentryx, a biotech focused on new small-molecule drugs that affect a class of biochemical signals known as chemokines, filed to raise $57.5 million in an initial offering. The company’s SEC filing… Continue Reading