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Posts Tagged ‘inv:L-Capital-Partners’

Featured companies: Biolipox, Cellpoint Diagnostics, Corum Medical, MediKeeper, Mendel Biotechnology, NanoMed, Orexo, Rules-Based Medicine, Tengion

UPDATED: Expanded the Tengion item, and that’s about it.

tengion-logo.jpgTengion raises $33M for bladder regrowth — Tengion, a Norriton, Pa., biotech focused on regenerating diseased or damaged organs, raised $33 million in a third funding round. Investors included Deerfield Partners, Bain Capital, Johnson & Johnson Development, HealthCap, Quaker BioVentures, Oak Investment Partners, L Capital Partners, Horizon Technology Finance and Oxford Finance.

Tengion is working on growing new bladders for adults and children with spinal bifida or spinal-cord injuries based on cells biopsied from the patients’ own bladders. We mentioned the company briefly here.

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CeNeRx BioPharma recently raised $15 million in a second round of funding contributed by Aisling Capital, L Capital Partners and Pappas Ventures. The Cary, N.C. company specializes in treatments for central nervous system disorders. It plans to use the money to push its lead drug candidate, Tyrima — intended for treatment of severe depression — [...]

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