News of the day
Spherics, Inc. Offers Extended Release Formulation for Sustained and Stable Levodopa Levels
25th August 2008
WELLESLEY HILLS, Massachusetts, August 25 /PRNewswire/ -- Joseph F. Finn, Jr., C.P.A. ("Finn"), Assignee of the assets of Spherics,
Inc. ("Spherics") for the benefit of creditors, announced today that all
pharmaceutical intellectual property will be sold at a sealed bid auction on
October 10, 2008.
SRx-501 is an extended release formulation of Levodopa-Carbidopa that is
the current gold standard treatment for Parkinson's disease, with global
sales estimated at approximately US$250 million....
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ESBATech Raises Additional CHF 23M (USD 22M), Extending Series B Venture Financing
7th August 2008
ZURICH, Switzerland, August 7 /PRNewswire/ -- ESBATech AG, a leading developer of antibody fragment therapeutics, today
announced that the company has raised an additional CHF 23M (USD 22M, EUR
14M) in an extended Series B venture round to expand its development
pipeline. A global syndicate of current investors participated in this round
including SV Life Sciences, Clarus Ventures, HBM BioVentures, HBM BioCapital,
Novartis Bioventures, BioMedinvest and VI Partners.
This funding builds on...
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Launch of Fountain Healthcare Partners, a Life Science Venture Capital Firm
29th April 2008
DUBLIN and NEW YORK, April 29 /PRNewswire/ -- Fountain Healthcare Partners ("Fountain") today launches and
announces the first close of its inaugural fund, Fountain Healthcare Partners
I, with EUR75 (US$117) million of committed capital.
The fund is the largest dedicated life science (specialty
pharmaceuticals, biotechnology, medical devices and diagnostics) venture
capital ("VC") firm based in Ireland. It is also one of the largest emerging
manager VC funds raised in the life science...
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More recent news
Breathe Technologies, Inc. Closes on US$15 Million in Venture Funding Led by Kleiner Perkins Caufield & Byers
26th March 2008 FREMONT, California, March 26 /PRNewswire/ -- Breathe Technologies, Inc., which is developing innovative,
patient-friendly medical devices to treat respiratory problems associated
with Chronic...