Navigation Links
caprotec bioanalytics Increases Series B Financing in Second Closing to EUR 5 Million
Date:5/9/2011

BERLIN and BURLINGTON, Mass., May 9, 2011 /PRNewswire/ -- caprotec bioanalytics GmbH, a privately held biopharmaceutical company offering the proprietary Capture Compound Mass Spectrometry (CCMS) platform technology for the analysis of small molecule – protein interactions, today announced a second closing of EUR 1 million ($1.4 M) to its Series B financing, increasing total equity for the round to EUR 5 million ($7.2 M). The capital increase was fully subscribed by LBBW Venture Capital GmbH, Stuttgart, joining existing investors Creathor Venture, IBB Beteiligungsgesellschaft, ERP Startfonds, and well-known private investors.

Prof. Dr. Hubert Koster, CEO of caprotec bioanalytics GmbH, commented, "This additional funding from LBBW Venture will allow us to further leverage caprotec's CCMS technology into additional markets as diagnostics and will put the company in a position to execute several large pharma partnerships at the same time."

Dr. Harald Poth, Senior Investment Manager of LBBW Venture, added, "caprotec's CCMS technology has the potential to solve the most expensive problem in the pharmaceutical industry, the failure of drug candidates in clinical trials due to off-target interactions. With caprotec's functional proteomics platform it is possible to profile small molecule drug – protein interactions, including membrane proteins in the human proteome to reveal possible off-target proteins causing adverse side effects, early in the drug development process and to use that information to structurally optimize the drug candidates."

About caprotec bioanalytics

caprotec bioanalytics GmbH is headquartered in Berlin, Germany with a US subsidiary in Burlington, MA. The company was founded in 2006 by CEO Prof. Dr. Hubert Koster, prominent scientist and entrepreneur, who is also the founder of Sequenom, co-founder of US company Milligen/Biosearch and founder of Biosyntech GmbH, the first biotechnology company i
'/>"/>

SOURCE caprotec bioanalytics
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2

Related biology technology :

1. caprotec bioanalytics GmbH Appoints Prof. Dr. Rainer Metternich as Managing Director, Chief Business Officer and Chief Operating Officer
2. Blocking carbon dioxide fixation in bacteria increases biofuel production
3. World TB Day Donation Campaign Increases Access to Improved TB Tests in Resource-Limited Settings
4. Quest Diagnostics Increases Share Repurchase Authority By $250 Million
5. First Duplex Test for Parvovirus B19 and Hepatitis A Virus Increases Safety of Human Plasma and Plasma Products
6. Reportlinker Adds Manufacturing of Biologics - Increasing Demand for Monoclonal Antibodies and Recombinant Proteins Drives Increases in Capacities and Innovative Production Technologies
7. ThermoGenesis Announces Sale of BioArchive Systems In Asia as Company Increases Presence In Key Market
8. Caliper Enhances Strategic Focus and Increases Growth Capital with Sale of Product Lines to Biotage
9. Australia Substantially Increases Research Collaboration with China, According to Thomson Reuters Study
10. Updated Abbott Statement: To Help Respond to Growing Health Crisis, Abbott Increases Aid to $2.5 Million for Haiti Relief and Recovery Efforts
11. Zeus Increases Its Presence in Aerospace Industry with AS9100 Certification
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/11/2014)... , July 11, 2014 Research and ... Transfection Technology Market - Global Industry Analysis, Size, Share, ... their offering. http://photos.prnewswire.com/prnh/20130307/600769 ... nucleic acids (either DNA or RNA) into cells. This ... of cancer cells and protein metabolism by affecting the ...
(Date:7/11/2014)... /CNW/ - Sunovion Pharmaceuticals Canada Inc. (Sunovion) today announced ... for use as a once-daily adjunctive therapy for the ... are not satisfactorily controlled with conventional therapy.  APTIOM TM ... 18 years of age. Epilepsy is ... to Epilepsy Canada, it affects 0.6% of the population ...
(Date:7/10/2014)... Ouagadougou, Burkina Faso (PRWEB) July 10, 2014 ... Burkina Faso, today have access to an additional ... to increase access to contraception at all levels ... combining a lower-dose formulation of a widely used ... injection system. , Burkina Faso is the first ...
(Date:7/10/2014)... Cleveland, Ohio (PRWEB) July 10, 2014 ... in ion channel-expressing cell lines, and the gap that ... new cells that expand its industry-leading portfolio of validated ... focuses on ion channel-expressing cell lines, as ion channels ... able to control this activity creates the potential to ...
Breaking Biology Technology:International Transfection Technology Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2019 2Sunovion Pharmaceuticals Canada Inc. Announces Health Canada Approval of APTIOM(TM) (eslicarbazepine acetate) as a Once-Daily Adjunctive Treatment for Partial-Onset Seizures in Patients with Epilepsy 2Sunovion Pharmaceuticals Canada Inc. Announces Health Canada Approval of APTIOM(TM) (eslicarbazepine acetate) as a Once-Daily Adjunctive Treatment for Partial-Onset Seizures in Patients with Epilepsy 3Sunovion Pharmaceuticals Canada Inc. Announces Health Canada Approval of APTIOM(TM) (eslicarbazepine acetate) as a Once-Daily Adjunctive Treatment for Partial-Onset Seizures in Patients with Epilepsy 4Injectable Contraceptive Launched in Burkina Faso to Expand Choice and Address Unmet Need 2Injectable Contraceptive Launched in Burkina Faso to Expand Choice and Address Unmet Need 3Injectable Contraceptive Launched in Burkina Faso to Expand Choice and Address Unmet Need 4Injectable Contraceptive Launched in Burkina Faso to Expand Choice and Address Unmet Need 5Injectable Contraceptive Launched in Burkina Faso to Expand Choice and Address Unmet Need 6Leader in Ion Channel Research Announces Newly Validated and Re-Engineered Cells 2Leader in Ion Channel Research Announces Newly Validated and Re-Engineered Cells 3
... Crosse, Wis - If you follow Wisconsin's race ... might believe voters care primarily about gun control, the ... the proposed constitutional ban on gay marriage. , ,But ... problems that matter most to them, you get a ...
... back, we took a look at the results of the National ... time, we saw that the Midwest had two states in the top ... top 20 states. I promised to circle back with you to review ... Midwest fared in this ranking. , ,The NIH falls under the ...
... big thing in all organizations today. Being able to depend on ... whether or not you want to come to work or start ... and those who manage people. If you are working hard and ... ready to leave. Bosses can actually kill productivity in the workplace. ...
Cached Biology Technology:What citizens don't ask political candidates 2What citizens don't ask political candidates 3Midwest colleges strong contenders for NIH funds 2Midwest colleges strong contenders for NIH funds 3Midwest colleges strong contenders for NIH funds 4Midwest colleges strong contenders for NIH funds 5Business Worst Practices: A new best seller? 2Business Worst Practices: A new best seller? 3Business Worst Practices: A new best seller? 4
(Date:7/10/2014)... 27, 2014  Pomerantz LLP has filed a ... or the "Company")(NYSE-MKT: PVCT) and certain of its ... District Court, Middle District of Tennessee ... a class consisting of all persons or entities ... December 17, 2013 and May 22, 2014, both ...
(Date:7/10/2014)... July 2, 2014 NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication ... Mr. Gino Pereira was interviewed on July 1 ... Tampa Florida . Mr. Pereira discusses the company,s ... Harris and how the Wocket™ aims to replace a ... Cedric Harris tells Gino he has never ...
(Date:7/10/2014)... -- Fingerprint Cards, (FPC,s) new mobile ... An Asian OEM has selected FPC1021 for a flagship model ... 2014.   FPC is proud to announce this ... date for start of mass production in August 2014. FPC ... for delivery in the first half of July. The OEM ...
Breaking Biology News(10 mins):SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action against Provectus Biopharmaceuticals, Inc. and Certain Officers - PVCT 2SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action against Provectus Biopharmaceuticals, Inc. and Certain Officers - PVCT 3Security and Your Money: Tampa Bay Radio Host Cedric Harris Talks to NXT-ID CEO Mr. Gino Pereira about the Wocket Smart Wallet 2Security and Your Money: Tampa Bay Radio Host Cedric Harris Talks to NXT-ID CEO Mr. Gino Pereira about the Wocket Smart Wallet 3Security and Your Money: Tampa Bay Radio Host Cedric Harris Talks to NXT-ID CEO Mr. Gino Pereira about the Wocket Smart Wallet 4FPC Wins DW and Initial Ramp Order for FPC1021 Touch Sensor for Flagship Smartphone from Asian OEM 2
... Partnership with Facial Recognition Expert Supports Open, Innovative ... ... Lockheed Martin,[NYSE: LMT] further advanced its capabilities and offerings in ... recognition technology. The Cognitec agreement will enable closer,cooperation between the two ...
... millionth of a millimeter in diameter numerically dominate ... carbon dioxide uptake, fueling the marine food web ... study published in this weeks PLoS ONE by ... of scientists from MountAllison University, Sackville, New Brunswick, ...
... will expand urea deep placement (UDP)a technology that doubles the ... of rice land, reaching about 1.6 million farm families, in ... the insertion of large urea briquettes into the rice root ... use UDP can increase yields by 25% while using less ...
Cached Biology News:Lockheed Martin Advances Biometrics Portfolio Through Cooperation Agreement With Cognitec 2Variable light illuminates the distribution of picophytoplankton 2Bangladesh to dramatically expand technology that doubles efficiency of urea fertilizer use 2
... microarrays are custom designed to meet your ... available: 8,455 features per array (2 arrays/1" ... per array (1 array/slide). Features ... - This extended length delivers higher ...
... designed for pathway studies, protein-protein interaction ... Studies built on the flexible and ... These microarrays are available as part ... Service. Custom Probe Content ...
... normal Mega Western Protein Array was developed ... Western Protein Arrays are manufactured using high ... sources. A protein sample from each of ... a Protein molecular weight marker on a ...
... 2D Multi-User Applications Package Superior Protein ... Range: The ProXPRESS 2D Proteomic Imaging System ... both proteomic and general life science research ... the use of all dyes in the ...
Biology Products: