Life sciences briefing: Friday, Feb. 8, 2008
TODAY’S HEADLINES:
AerovectRx takes $1.2M, looks for $5M more for inhaled drugs (VentureWire)
Pointe Conception, endoscopic camera maker, raises $800K (VentureWire)
Orion Healthcare aims for $250 million life-science fund (VentureWire)
Pennsylvania secures half of $10M Radius Venture fund for life sciences (release)
HBM BioVentures to hold Swiss IPO without capital increase, share placement (Thomson)
AerovectRx takes $1.2M, looks for $5M more for inhaled drugs – AerovectRx, a Norcross, Ga., developer of inhaled-drug delivery systems, is closing a $1.2 million seed round, VentureWire… Continue Reading
Life sciences briefing: Monday, Feb. 4, 2008
TODAY’S HEADLINES:
PEAK Surgical takes in $21M for electrosurgical tools (release)
CellGate acquired by Australian cancer biotech ProGen for $2.5M (release)
Traversa raises $2M for RNAi-delivery technologies (release)
RemitDATA, Web-based healthcare-service co., takes in $5.5M (bizjournals.com)
Spinal-implant maker Archus Orthopedics gets $10M venture loan (release)
Promedior pulls down another $5.5M for fibrotic disease (release)
Acrongenomics takes 11 percent stake in Molecular Vision (release)
Hepatitis drug-developer Biolex withdraws IPO (IPO Home)
Employee drug screener eScreen gets Carlyle investment (release)
NovaMin raises $2.5M for dental-care products (VentureWire)
Cardious… Continue Reading
Talima Therapeutics raises $19M for site-specific drugs
Talima Therapeutics, a Santa Clara, Calif., developer of techniques that limit drug delivery to specific parts of the body, raised $19 million in a second funding round. The company’s release is here.
The company is at work on localized drug-delivery techniques that could serve as alternatives to systemic drugs, potentially improving their effectiveness while limiting side effects. Its initial focus lies in dermatology, a field in which “local application” — that is, ointments, creams and lotions… Continue Reading