Navigation Links
OpGen Announces $23.6 Million Series A Financing
Date:9/12/2007

CHL Medical Partners, Highland Capital Partners and Versant Ventures Lead

Round to Help Transform Clinical Microbiology

MADISON, Wis., Sept. 12 /PRNewswire/ -- OpGen, Inc., today announced that the company has raised $23.6 million in equity financing. The round was led by CHL Medical Partners, Highland Capital Partners and Versant Ventures, with previous investor Mason Wells also participating. In conjunction, CHL's Ron Lennox will become chairman of the Board of Directors and will also be joined on the board by Corey Mulloy and Bijan Salehizadeh from Highland, and Versant's Brian Atwood.

"We are delighted to partner with three top-tier venture firms to advance OpGen's efforts in the field of clinical microbiology, said Colin Dykes, Chief Scientific Officer of OpGen. "Each has a stellar track record and expertise in commercializing technologies for diagnostic and research applications, which will be critical as we continue to grow and expand our operations."

OpGen delivers breakthrough capabilities to identify microorganisms using a unique method to analyze DNA extracted directly from the microbial cells. "Optical Mapping" has been used by organizations worldwide for comparative genomic analysis of a range of organisms of importance to human health, including tracing the origins of food-poisoning cases such as the recent outbreak linked to contaminated spinach. With this new financing the company will develop commercial instrumentation systems for the clinical microbiology marketplace.

"Currently, clinical microbiology laboratories depend on isolating and growing microorganisms from clinical samples," stated Ron Lennox. "This is a lengthy process and provides only a simple taxonomic identification. The results are rarely timely enough to influence choice of therapy and can lead to excessive use of expensive broad-spectrum antibiotics. OpGen's new system will provide data capable of identifying bacteria down to the strain
'/>"/>

SOURCE OpGen, Inc.
Copyright©2007 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3

Related biology technology :

1. OpGen layoffs precede another funding round
2. OpGen recruits CEO to further gene-mapping business
3. OpGen adds Thomas Pyle and James Ogle to board of directors
4. OpGen forges agreement with Japanese importer
5. OpGen completes $5 million investment round
6. OpGen joins UW, Henry Ford Heath in Improving Brain Tumor Treatment
7. OpGen Creates Map of Worlds Most Lethal Fungus
8. OpGen Database Helps to Reduce Bioterrorist Threat
9. Speaker announces business members of IT Task Force
10. Doyle announces technology tax credits for Berbee
11. Doyle announces new energy, global warming policies

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/25/2009)...,, DURHAM,N.C.,Nov.25/PRNewswire/--ResearchTr...fficient,single-treatmentwaterpurificationsystemNa...esh,MinisterofRuralWaterSupply,Hon.MinisterViswaru...s,performedatIndianInstituteofTechnology(IIT)Kanpu...bleinIndiacontainstoxinsthatcanbeextremelyhazardou...
(Date:11/25/2009)...,, MARKHAM,ON,Nov.25/PRNewswire/-Cytochromato...rdofDirectors.Dr.MoldtwillreplaceMr.UlrikSporkasth...rofBoardmembersremainsunchangedatsixmembers. ,,...lookforwardtobenefitingfromhisexperienceandguidanc...dingCKD-focusedspecialtypharmaceuticalcompany,"sta...
(Date:11/24/2009)... This release is available in German . , ...ation cards: RFID tags (Radio Frequency Identifica...yday life. They make it possible to label objects ...frequency. The appropriate scanner can read and pr...s can be affixed to goods under production conditi...
(Date:11/24/2009)...,, SANTACRUZ,Calif.,Nov.24/PRNewswire/--Twomo...,thenation,sleadingonlinejobboardandcareerssitefor...umbiaUniversityarenowmembersofthejobboard,joining2...Thejobboard, www.biocareercenter.com ,isonlyforpos...oflifesciencecareersitesontheInternet,BioCareerCen...
Breaking Biology Technology:North Carolina-based Cnanoz Unveils NanoPure(TM) to Government Leaders in Hyderabad, India 2Cytochroma Announces Appointment of Peter Moldt to Board of Directors 2Intelligence inside metal components 2Two Major Universities Join Nation's Leading Postgrad Bio Job Board 2
... PRINCETON, N.J., Feb. 5 Sopherion Therapeutics, ...velopment and commercialization of anti-cancer the...om a phase I/II study of nonpegylated liposomal do...linical Cancer Research . The study was supported...anish Breast Cancer Cooperative Group (SOLTI). , ...
... SEATTLE, Feb. 5 Cell Therapeutics (CTI),(Nas...ued 6,634 shares of,Series F Preferred Stock in ex... Convertible Preferred Stock. The exchange constit...tible Preferred Stock. Each share of the new Prefe...es of CTI,s common stock, at a,conversion price of...
... SAN MATEO, Calif., Feb. 4 NeurogesX, Inc. (Nasda...n developing and commercializing novel pain manage...no, President and Chief Executive Officer, is sche...Investor Conference in New York City on Tuesday, F...i, Chief Financial Officer, will also be available...
Other Biology Technology:Sopherion Therapeutics, LLC Announces Publication of Phase I/II Myocet(R) (Nonpegylated Liposomal Doxorubicin) Data in Advanced Breast Cancer Patients 2Sopherion Therapeutics, LLC Announces Publication of Phase I/II Myocet(R) (Nonpegylated Liposomal Doxorubicin) Data in Advanced Breast Cancer Patients 3Sopherion Therapeutics, LLC Announces Publication of Phase I/II Myocet(R) (Nonpegylated Liposomal Doxorubicin) Data in Advanced Breast Cancer Patients 4Cell Therapeutics Exchanges 83% of Remaining Convertible Preferred Stock Into New Non-dividend Bearing, Non-redeemable Convertible Preferred Stock With Conversion Price of $0.14 per Share 2NeurogesX to Present at 11th Annual BIO CEO & Investor Conference 2NeurogesX to Present at 11th Annual BIO CEO & Investor Conference 3
(Date:11/24/2009)...derstanding how sounds associated with Navy sonar ... they hear it at all. , The same type of large i...etect flaws in the space shuttle,s behemoth solid ...side the giant head of a whale. The scans are prov...le,s hearing anatomy using a breakthrough method d...
(Date:11/24/2009)...09) -- The Wildlife Conservation Society (WCS) ann...ining population of Siberian tigers has likely dec...hing and habitat loss. , WCS says th...t needs to be done to protect remaining population... report was released by the Siberian Tiger Monitor...
(Date:11/23/2009)...idence that the "synergistic" effect of early-life...n and indoor endotoxin causes more harm to develop..., Environmental health scientists at the Univers...own that children exposed to both high levels of t...ng early life are six times more likely to experie...
Breaking Biology News(10 mins):Rocket science leads to new whale discovery 2Report shows dramatic decline in Siberian tigers 2Exposure to both traffic, indoor pollutants puts some kids at higher risk for asthma later 2Teen Girls at Higher Risk for STDs 3A Report 61460 1Teen Girls at Higher Risk for STDs 3A Report 61460 2LeapFish and Make a Wish Foundation Join Forces to Raise 2410 000 and Tweet an Ill Child 26apos 3Bs Wish True 61455 1LeapFish and Make a Wish Foundation Join Forces to Raise 2410 000 and Tweet an Ill Child 26apos 3Bs Wish True 61455 2Georgia Power Centers for Disease Control and Prevention Forge Green Energy Partnership 61450 1Georgia Power Centers for Disease Control and Prevention Forge Green Energy Partnership 61450 2
...isk of breast cancer than European or African-Amer...an ancestry could be at increased risk, according ...er Research , a journal of the American Associatio...ssible factors that are placing Latina women of hi...Fejerman, Ph.D., a post-doctoral research fellow a...
...cells within blood vessel walls move en masse over... that the proteins driving cell behavior are doing...ible to group them according to a few discrete fun...versity School of Medicine have shown that distinc...le activities involved in the cells, collective mi...
...al Biology are pleased to announce that Dr Audrey...nner of this year,s JEB Outstanding Paper Prize. T... Journal of Experimental Biology at http://jeb.b...contribution of an outstanding young scientist to ...irst author on the paper ,Carbohydrate regulation ...
Other Biology News:European ancestry increases breast cancer risk among Latinas 2Cell movements totally modular, Stanford study shows 2Cell movements totally modular, Stanford study shows 3French scientist wins the Journal of Experimental Biology Outstanding Paper Prize 2French scientist wins the Journal of Experimental Biology Outstanding Paper Prize 3
...leader in electroporation products and specialty e...uct line for experiment optimization and large vol...System is a breakthrough in Molecular Delivery. Th...ti-step procedures that typically limited the numb...
...Screening Sets contain the basic components and pr...ich ELISA plates for quantitation of a specific pr...ry Screening Set contains Coating and Detection An...ards), Streptavidin-HRP, TMB Substrate Solution (o...
...en Progesterone Receptor (PR) Competitor Assay Kit...terone receptor binding compounds using fluorescen...s a fusion of glutathione transferase to the ligan...R-LBD(GST)] and a proprietary, fluorescently tagge...
Organic Acid Analysis Standard, 6 vials from Bio-Rad
Biology Products: