Navigation Links
Radius Closes $27.65 Million Second Tranche of Previously Announced Financing
Date:11/23/2011

CAMBRIDGE, Mass., Nov. 23, 2011 /PRNewswire/ -- Radius Health, Inc. ("Radius") announced today the closing of the second of the company's three-tranche $91 million financing round announced in May 2011. The $27.65 million second tranche included $21.4 million in equity financing from Radius' current investors and $6.25 million in debt financing from GE Capital, Healthcare Financial Services and Oxford Finance LLC, bringing gross proceeds received to date from the $91 million financing to $57.3 million. As previously disclosed, Radius receives the second and third tranches of the equity financing round upon written request to the company's investors.

Radius will use the proceeds from the second tranche primarily to continue advancing the ongoing Phase 3 clinical study of BA058 Injection, the company's novel anabolic (bone-building) drug for the treatment of osteoporosis. Data from the study are intended to form the primary basis for an efficacy claim to support applications for marketing authorization of BA058 Injection in the United States and Europe.

"With the additional funding, we will continue our company strategy of moving quickly to execute on the pivotal Phase 3 study of BA058 Injection and prepare for initiation of Phase 2 for the transdermal BA058 Microneedle Patch," said Nick Harvey, Chief Financial Officer of Radius. "Our goal is to provide a new treatment option for patients with osteoporosis that builds new bone, reduces risk of future fractures, improves convenience, and optimizes patient outcomes."

About BA058

BA058 is Radius' novel analog of hPTHrP (human parathyroid hormone-related protein) in development by Radius in both subcutaneous injection and transdermal delivery forms as a treatment for osteoporosis. In Phase 1 and 2 studies, BA058 Injection has demonstrated the potential to widen the anabolic window for osteoporosis therapy by stimulating bone formation with limited effect on bone resorption and
'/>"/>

SOURCE Radius
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Radius Announces Closing of $91 Million Financing to Advance BA058 Injection into Phase 3 Osteoporosis Study
2. PAREXEL Closes the Acquisition of ClinPhone
3. Memory Pharmaceuticals Closes Final Tranche of Equity Financing with The Stanley Medical Research Institute
4. Pathwork Diagnostics Closes $20M Financing
5. World Leader in Bench-Top Flow Chemistry Instruments ThalesNano, Inc. Closes Funding Round
6. AMDL, Inc. Closes Private Placement of Convertible Notes
7. ForteBio, Inc. Closes $25 Million In Series C Financing
8. Helix Biopharma Closes $11.4 Million Private Placement
9. Micromet Closes $40 Million Private Equity Placement
10. Great Basin Scientific, Inc. Closes $3.9 Million in Equity Funding
11. Valor Medical Closes $1.4 Million Convertible Debt and Receives ISO 13485 Certification
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... team including DESY scientists has observed tiny quantum vortices ... in the journal Science that the exotic ... nanodroplets. It is the first time that the quantum ... of what is known as superfluid helium, have been ... expectations," says Andrey Vilesov of the University of Southern ...
(Date:8/21/2014)... , August 21, 2014 ... ) has announced the addition of the  ... to their offering.       (Logo: ... hormone therapy, is a means of replacing ... by the body. This type of therapy ...
(Date:8/21/2014)... N.Y. , Aug. 21, 2014 ... launch of their Nutraceutical "TELO-20 for Dogs" with ... only Telomere-lengthening supplement in the world for dogs. ... of every chromosome in the body. A wealth ... leading experts in Telomere Science and Aging, including ...
(Date:8/21/2014)...  Decision Resources Group finds that the asthma ... Mexico currently faces severe ... agents, the anticipated label extension of Boehringer Ingelheim/Pfizer,s ... emerging biologics will substantially increase the competitiveness of ... inhibitors will introduce a new dynamic to the severe, ...
Breaking Biology Technology:Scientists observe quantum vortices in cold helium droplets 2Global Hormone Replacement Therapy Market 2014-2018: Key Vendors are Actavis, Bayer, Merck & Co, Novartis and Novo Nordisk 2Telomere Biosciences Announces: TELO-20 for Dogs, the World's First Telomere-Lengthening Supplement for Dogs, to Promote Healthy Aging and Longevity 2Telomere Biosciences Announces: TELO-20 for Dogs, the World's First Telomere-Lengthening Supplement for Dogs, to Promote Healthy Aging and Longevity 3Asthma Agents Currently Face a Suboptimal Coverage Environment in Brazil and Mexico, and as the Treatment Armamentarium Expands, Competitiveness Will Further Intensify 2Asthma Agents Currently Face a Suboptimal Coverage Environment in Brazil and Mexico, and as the Treatment Armamentarium Expands, Competitiveness Will Further Intensify 3
... 26 Verenium Corporation (Nasdaq: VRNM ), ... enzyme solutions, today announced that it has renewed and ... leading global provider of heat transfer, separation and fluid ... Alfa Laval signed an agreement to jointly market enzymatic ...
... Pa. and LEUSDEN, Netherlands, Oct. 26 Molecular ... designed to increase the speed and accuracy of ... distributor Westburg BV today announced that they have ... MDI,s Detect-Ready MRSA panel in the Benelux region. ...
... 26 iDiverse announced that it has successfully modified ... lethal stresses normally encountered in the bioproduction of fuel ... to generate significantly more ethanol. "We ... and are rapidly developing a 2nd generation with yet ...
Cached Biology Technology:Verenium and Alfa Laval Announce Extension of Purifine® PLC Enzyme Agreement 2Verenium and Alfa Laval Announce Extension of Purifine® PLC Enzyme Agreement 3Verenium and Alfa Laval Announce Extension of Purifine® PLC Enzyme Agreement 4Molecular Detection Inc. Announces MSSA Label Expansion and Benelux Distribution Agreement for Its Detect-Ready™ MRSA Screening Test 2Molecular Detection Inc. Announces MSSA Label Expansion and Benelux Distribution Agreement for Its Detect-Ready™ MRSA Screening Test 3Molecular Detection Inc. Announces MSSA Label Expansion and Benelux Distribution Agreement for Its Detect-Ready™ MRSA Screening Test 4Molecular Detection Inc. Announces MSSA Label Expansion and Benelux Distribution Agreement for Its Detect-Ready™ MRSA Screening Test 5iDiverse Develops Stress Resistant Yeast for Producing Fuel Ethanol 2
(Date:8/21/2014)... study of American singles found that during sex ... orgasm rates. On average, men experience orgasm 85.1 ... making little difference. For women, however, orgasm occurrence ... 62.9 percent of the time during sex with ... with women,s sexual orientation, with lesbian women experiencing ...
(Date:8/21/2014)... linked to dandruff, eczema and other itchy, flaky maladies ... global reachesincluding Hawaiian coral reefs and the extreme environments ... review in the scientific journal PLOS Pathogens ... of the genus Malassezia in light of ... around the world. , University of Hawai,i at Mānoa ...
(Date:8/21/2014)... In a finding that has implications for life in ... in the solar system, LSU Associate Professor of Biological ... National Science Foundation, or NSF, this week published a ... lake that lies 800 meters (2600 feet) beneath the ... microbial ecosystems.", Given that more than 400 subglacial lakes ...
Breaking Biology News(10 mins):Orgasm rates for single women less predictable than men's, vary by sexual orientation 2Orgasm rates for single women less predictable than men's, vary by sexual orientation 3Orgasm rates for single women less predictable than men's, vary by sexual orientation 4From dandruff to deep sea vents, an ecologically hyper-diverse fungus 2800 meters beneath Antarctic ice sheet, subglacial lake holds viable microbial ecosystems 2800 meters beneath Antarctic ice sheet, subglacial lake holds viable microbial ecosystems 3800 meters beneath Antarctic ice sheet, subglacial lake holds viable microbial ecosystems 4
... Philadelphia, PA, March 1, 2012 Down syndrome ... born children arising as a consequence of a chromosomal ... copies of chromosome 21, instead of the usual two. ... cognitive dysfunction that can range from mild to severe ...
... is the largest sea turtle in the world, growing ... also one of the most threatened. A major new ... zonesin the Pacific Ocean for this critically endangered species. ... practices to help reduce further deaths of this fragile ...
... A*STAR scientists have for the first time, identified that ... stem cell (ESC) self-renewal the ability of ESCs to ... for better understanding of ESC regulation and was published in ... by the team of scientists from the Institute of Medical ...
Cached Biology News:Understanding and treating the cognitive dysfunction of Down syndrome and Alzheimer's disease 2Leatherback turtle migration study identifies Pacific danger zones for endangered species 2A*STAR scientists make groundbreaking discovery on stem cell regulation 2
... The ImageXpress 5000A automated cellular imaging and ... software system designed specifically for rapid acquisition ... throughput cell-based screening. ImageXpress is fast. ... resolution (1280 x 1024 pixels), with two ...
...
... Custom Peptide Services offer a full range ... research needs. Services include: Peptide synthesis, ... Peptide synthesis, purified product (70-95% pure) ... amidation, biotinylation, fluorescein, myristylation, phosphorylation, and rhodamine) ...
... CLS number is a new ... match Cornings product number. If ... order under the old Sigma-Aldrich ... service for assistance. Material: ...
Biology Products: