Life-science briefing: Thursday, April 10, 2008
TODAY’S HEADLINES:
HealthExtras buys venture-backed PBM HospiScript for $100M (release)
Urological device-maker NeoTract adds $7.4M (VentureWire)
RNAi-drug startup Intradigm seeks $35M (VentureWire)
Israel’s Arbel Medical raises $3.5M for tumor cryotherapy (release)
HealthExtras buys venture-backed PBM HospiScript for $100M — HospiScript Services, a Montgomery, Ala., prescription-benefits manager, agreed to be acquired by HealthExtras of Rockville, Md. HealthExtras will pay $100 million in cash for the venture-backed firm, which services the hospice industry.
HospiScript had raised at least $4 million in funding, according… Continue Reading
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