October 13, 2011

Cempra Holdings, LLC Files Registration Statement for Proposed Initial Public Offering

Filed under: Regional Venture News — admin @ 9:16 am

CHAPEL HILL, N.C. — Cempra Holdings, LLC, the parent holding company of Cempra Pharmaceuticals, Inc., today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to its proposed initial public offering.

Stifel Nicolaus Weisel, Leerink Swann LLC and Cowen and Company are serving as joint book-running managers for the offering. Needham & Company, LLC is acting as co-manager.

http://www.prnewswire.com/news-releases/cempra-holdings-llc-files-registration-statement-for-proposed-initial-public-offering-131628393.html

October 6, 2011

Bioheart announces $3M stock sale

Filed under: Regional Venture News — admin @ 2:50 pm

SUNRISE, FL - Bioheart announced a deal to raise $3 million by selling its common stock over the next two years.

The Sunrise-based development stage biotechnology company (OTCBB: BHRT) is working on clinical trials for its MyoCell product, a potential stem cell treatment for heart disease. It did not name the investor who agreed to buy its stock.
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September 28, 2011

Medical device firm Atlanta Catheter Therapies raises $2.35M

Filed under: Regional Venture News — admin @ 4:01 pm

ATLANTA, GA - A Marietta-based based medical device company that focuses on catheter technologies has raised $2.35 million, according to a Securities and Exchange Commission filing.

Atlanta Catheter Therapies Inc. has a portfolio of catheter technologies for the treatment of vascular disease and restenosis.
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24 Top Young Southeastern Life Science Firms to Strut Their Stuff at Investor Forum

Filed under: SEBIO News — admin @ 1:03 pm

ATLANTA, GA - Creative new drug therapies, advanced medical devices, diagnostics and nanotechnologies from throughout the Southeast will be in the spotlight November 2 and 3 during the 2011 Southeast BIO Investor Forum at the Washington Duke Inn in Durham, N.C.
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September 19, 2011

Southeast BIO Venture Wire

Filed under: SOUTHEAST BIO VENTURE WIRE: A Bimonthly Newsletter — admin @ 6:11 pm

ATLANTA, GA - While deal activity tends to slow in the summer months, the news was generally positive for the Southeast region. Several significant venture rounds were completed, including an eyeball-popping $100M series E for Intrexon Corporation (Blacksburg, VA), the synthetic biology company backed by billionaire Randall Kirk.
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September 1, 2011

GeoVax grant increased to $4.4 million

Filed under: Regional Venture News — admin @ 4:00 pm

ATLANTA, GA -GeoVax Labs Inc. ’s recent $3.6 million Integrated Preclinical/Clinical AIDS Vaccine Development grant has been boosted to $4.4 million.
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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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