August 30, 2011

Metabolon Secures $13 Million in Series D Financing

Filed under: Regional Venture News — admin @ 8:23 am

ATLANTA, GA - Metabolon, Inc., a diagnostics and services company offering the industry’s leading biochemical profiling technology, announced today that it has secured $13.1 million in a Series D financing.
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August 29, 2011

Dendreon’s Atlanta plant gets FDA nod

Filed under: Other Regional News — admin @ 3:45 pm

ATLANTA, GA - The U.S. Food and Drug Administration on Friday stamped its approval on Dendreon Corp. ’s Atlanta cancer immunotherapy manufacturing facility.
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August 26, 2011

Furiex Pharmaceuticals lands $15M loan

Filed under: Regional Venture News — admin @ 1:38 pm

ATLANTA, GA - Morrisville, NC-based Furiex Pharmaceuticals Inc. says it has inked a loan agreement for $15 million to support research and development on three of its clinical stage compounds. The lenders are MidCap Financial and Silcon Valley Bank.
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August 22, 2011

BioDelivery Sciences drug to be marketed in Canada

Filed under: Other Regional News — admin @ 3:38 pm

ATLANTA, GA _ BioDelivery Sciences International Inc. said that its drug Onsolis will soon be sold in Canada – a development that could generate up to $30 million in sales milestones for the Raleigh-NC-based company.
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August 19, 2011

Cempra Pharmaceuticals gets another $5M

Filed under: Regional Venture News — admin @ 3:36 pm

ATLANTA, GA - Cempra Pharmaceuticals has raised $5 million in debt and warrants, according to U.S. Securities and Exchange Commission filings.
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August 18, 2011

Biotech investment firm plans 150 jobs for Jupiter

Filed under: Other Regional News — admin @ 3:52 pm

ATLANTA, GA - The town of Jupiter, FL on Wednesday approved a $300,000 loan guarantee for ESI Florida, a biotechnology investment company that plans to create 150 jobs.
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August 17, 2011

VC group hunts for biotech seed investments as $125M fund takes shape

Filed under: Regional Venture News — admin @ 1:43 pm

ATLANTA, GA - Durham, NC-based venture capital fund Hatteras Venture Partners intends to announce today that it has raised $74 million for its fourth investment fund, putting it well more than halfway toward its $125 million goal.
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August 16, 2011

GeoVax gets $3.6M IPCAVD grant

Filed under: Regional Venture News — admin @ 3:00 pm

ATLANTA, GA - GeoVax Labs Inc. has landed a $3.6 million Integrated Preclinical/Clinical AIDS Vaccine Development grant.
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Inhibikase Therapeutics Receives FDA Clearance for Phase II Trial of IkT-001 to treat JC virus infection, the cause of Progressive Multifocal Leukoencephalopathy (PML) in Multiple Sclerosis Patients

Filed under: Other Regional News — admin @ 8:45 am

Atlanta, GA – August 16, 2011 – Inhibikase Therapeutics, Inc., an emerging leader in infectious disease, announced today that it has received FDA clearance to commence a Phase II proof-of-concept trial for its lead compound IkT-001. (more…)

August 15, 2011

Embera NeuroTherapeutics Closes on $4.5 Million Continuation of Series A Financing

Filed under: Regional Venture News — admin @ 4:29 pm

SHREVEPORT, La. –Embera NeuroTherapeutics, Inc., a specialty pharmaceutical company developing novel treatments for smoking cessation and other addictions, announced today that it has closed on $4.5 million in a continuation of its Series A financing. Embera’s existing venture investors, Louisiana Ventures, L.P., Louisiana Fund I, and Themelios Ventures, as well as private investors, participated in the round. Proceeds from this financing, combined with development grant funding from the National Institute for Drug Abuse, will support clinical development of EMB-001 through a Phase 1 safety study, enabling Embera’s clinical development programs for both smoking cessation and cocaine dependence.

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