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 a new funding round. Investors included Trevi Health Ventures and Spring Mountain Capital.
AGI makes cosmetic ingredients and is working on developing topical pharmaceutical lotions as well. Its leading drug candidate… Continue Reading
PerQuest, online payroll service, raises $17.3M
PerQuest, an Oakland, Calif.. provider of online payroll service to smaller employers, has raised around $17.3 million in a second round funding. Backers include StarVest Partners, Spring Mountain Capital, Vermillion Capital and Baroda, according to PE Wire.