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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.

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.

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.

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.

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.

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.

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.

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.

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.

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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