Optiscan adds $5M tranche for glucose monitor
Optiscan Biomedical, developer of a less-invasive human glucose monitor for hospitals, received an additional $5 million in a second round of funding that now totals $53 million. The boost came from Wexford Capital, reports VentureWire.
The Hayward, Calif.-based company plans to use its new resources to… Continue Reading
Infinia, with $50M, becomes latest solar player to draw big investment
Although it’s over two decades old, Infinia is a relative newcomer to the solar market, having only been working on its solar thermal generator for a few years.
That may not prevent it from quickly becoming one of the largest players, though, with a new $50… Continue Reading
Life sciences briefing: Wednesday, Sept. 26, 2007
Featured companies: Ablynx, Cardiosolutions, Carigent Thereapeutics, Elusys, Genome Corp., GlobeImmune, Novazone, Targanta Therapeutics, Waterfront Media
UPDATED at 5:45am on 9/27/07
GlobeImmune raises $41M for immune-system therapies — GlobeImmune, a Louisville, Colo., biotech focused on new forms of immunotherapy to treat viral infections and cancer, raised $41.2 million in… Continue Reading
Life sciences briefing: Wednesday, Sept. 19, 2007
Featured companies: Acceleron Pharma, AdvanDx, Altheus Therapeutics, BiPar Sciences, Coventina Healthcare Enterprises, ForteBio, Ganymed Pharmaceuticals, Mako Surgical, Nile Therapeutics, Novate Medical
[NOTE: This briefing was posted on Friday, 9/21/07; I've edited its timestamp to preserve chronological order among the briefings.]
Nile Therapeutics raises $20M, goes public in reverse… Continue Reading
Implant maker Interventional Spine draws in $24M
Irvine, Calif.-based Interventional Spine raised $24 million in a third round of funding that the company says will support the launch of several new products. The company makes implants and surgical instruments for “percutaneous” spinal operations that feature narrow incisions and, theoretically, less trauma for… Continue Reading
Ephiphany raises $36M for anti-infection drugs
Epiphany, a San Francisco biotech company focused on developing anti-infective agents, said it has raised a $36 million first round of financing.
Wexford Capital, LLC led the financing, which included Windsor Bay Capital, Global Trust Ventures Management, CDIB BioScience Venture Management (CBVM) and several private… Continue Reading