Life sciences briefing: Wednesday, Feb. 27, 2008
TODAY’S HEADLINES:
InSound Medical raises $11M for “invisible” hearing aids (VBLS exclusive)
Corventis takes in $20M for heart-failure therapy (VBLS exclusive)
Molecular diagnostics user AssureRx raises $1M (Cincinnati Enquirer)
Arresto Biosciences, cancer-drug developer, raises funds (VentureWire)
San Diego’s Obalon raises $4.7M for drug discovery (peHUB)
InSound Medical raises $11M for “invisible” hearing aids – This item is a standalone post here.
Corventis takes in $20M for heart-failure therapy – San Jose, Calif.-based Corventis, a startup working on ways to monitor the vital signs of… Continue Reading
Life sciences briefing: Wednesday, Jan. 23, 2008
TODAY’S HEADLINES:
Mauna Kea Tech raises $30M for in-vivo cellular imaging (release)
Knopp Neuro takes in $10M for Lou Gehrig’s drug (release)
Cardiovascular Systems, arterial-plaque device maker, files for $86M IPO (Edgar)
Diagnostics maker BG Medicine withdraws IPO (release)
Signature Genomics Labs sells stake to Ampersand Ventures (release)
Cambridge Temp raises £375K for new ovulation detector (release)
Mauna Kea Tech raises $30M for in-vivo cellular imaging — Mauna Kea Technologies, a Paris, France, developer of cellular-imaging technology, raised $30 million in a… Continue Reading
Life sciences briefing: Tuesday, Oct. 23, 2007
Featured companies: Apex Radiology, Arcxis Biotechnologies, EKR Therapeutics, Franklin & Seidelmann, Michelson Diagnostics, SensiGen, Vascular Closure Systems
UPDATED: Expanded items on Arcxis, Vascular Closure and Archemix.
Arcxis pulls in $2M for DNA tools — Arcxis Biotechnologies, a Pleasanton, Calif., biotech tool maker focused on analysis of DNA and proteins in biological samples, raised $2 million in a follow-on to its first funding round, VentureWire reports (subscription required). Investors included Kaiser Permanente Ventures and Claremont Creek Ventures.
Arcxis released its first… Continue Reading
Life sciences briefing: Monday, Aug. 13, 2007
(UPDATED: See below.)
Featured companies: FoldRx Pharmaceuticals, Ophthotech, Pevion Biotech, Restoration Robotics, Glide Pharma, Reliant Pharmaceuticals, Nanosphere, SurModics, BioFX Laboratories
FoldRx Pharma to receive $22M against cystic fibrosis — Cambridge, Mass.-based FoldRx Pharmaceuticals, a biotech focused on diseases that result from misfolded proteins, will get $22 million over the next five years from an affiliate of the Cystic Fibrosis Foundation to further its work against the genetic lung disease. The money will be paid as FoldRx meets various developmental… Continue Reading
Biomarker-diagnostics developer Singulex validates $19M
Hayward, Calif.-based Singulex, a developer of sensitive molecular-detection systems, raised $19 million in a fourth funding round. The company’s release is here.
The company is developing an analysis system, called Erenna, plus related “assays,” or specially designed biochemical tests, that are designed to detect individual protein molecules in biological samples such as blood. Such tests could be useful for detecting or diagnosing disease, monitoring the effect of drug treatment, and other research and diagnostic purposes. For… Continue Reading