Alpharetta, GA - Carticept Medical, Inc., a developer of innovative products for the treatment of cartilage injuries and osteoarthritis, has completed a $20 million Series B financing round from new investor SonoSite Inc. and returning backers Domain Associates and New Enterprise Associates. (more…)
Newport News, VA - Soluble Systems has raised $1,260,000 from three investors in an open debt and securities financing, according to a regulatory filing. The company sells the TheraGauze polymer wound care dressing that regulates moisture at the wound site. (more…)
Blacksburg, VA – Intrexon Corp., which has developed DNA control systems, is on a fund-raising roll. The company, which raised $25 million in December 2009, has closed on another $17.4 million from 40 investors, according to a filing with the U.S. Securities and Exchange Commission. (more…)
Pittsboro, NC - Biolex Therapeutics, a company that uses its patented aquatic plant LEX system to make therapeutic proteins and monoclonal antibodies, has raised a $10 million round of financing according to a regulatory filing. (more…)
Charlottesville, VA – Diffusion Pharmaceuticals, a clinical-stage drug-development company commercializing first-in-class drugs to treat serious or life-threatening unmet medical conditions, has closed on $5.9 million in additional private financing during the second half of 2009, bringing the total the company raised in 2009 to $7.1 million. (more…)
Durham, NC – Individualized treatment of cancers holds great promise for improving treatment of the too often deadly disease. So we think this is good news: CancerGuide Diagnostics, a startup that plans to improve the management of cancer by providing doctors and drug developers advanced molecular diagnostics enabling individualized treatment, has closed a $10.5 million equity raise. (more…)
Research Triangle Park, NC – Liquidia Technologies, a firm developing a nanotechnology-based improved delivery for drugs and vaccines, has closed a $20 million C round led by Canaan Partners and with Pappas Ventures and Morningside Venture Investments Limited as new investors. (more…)
Knoxville, TN – EDP Biotech, a company developing a simple blood test to detect early stage colon cancer, has raised $1.285 million. (more…)
Richmond, VA & Rosh Ha’Ayin, Israel – EnzySurge, which makes the DermaStream line of wound management products, has expanded its lastest round to $4.1 million. (more…)
Research Triangle Park, NC – PhaseBio Pharmaceuticals Inc., a company developing a technology to purify and produce drugs with enhanced effectiveness, has raised a $25 million funding led by New Enterprise Associates and OSI Investment Management, a subsidiary of OSI Pharmaceuticals. (more…)
