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Biotech with Madison ties raises $21M in capital

Madison, Wis. - When Cytochroma, a Canadian firm seeking to commercialize new vitamin D products, acquired the Madison-based Proventiv Therapeutics last year, executives indicated that the combined company was looking for an additional $25 million in venture capital from Canadian and American investors.

This week, they raised $21 million, mos......

Full article >>> Bone Care; Eric Messner, vice president of commercial operations for Cytochroma; and Keith H. Crawford, vice president of strategic planning for Cytochroma.

Genzyme has filed a patent infringement suit against the three in United States District Court for the Western District of Wisconsin, claiming that the former Bone Care employees, while with ......

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Source:wistechnology.com By WTN News 01/18/07


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