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VC trends, company progress discussed at Mason Wells portfolio meeting

MILWAUKEE - A trend away from IPOs and the progress of six regional firms were discussed on Wednesday at the Mason Wells Biomedical Fund I annual meeting, held at the Wisconsin Athletic Club.

Limited partners, portfolio company executives, and guests of Mason Wells met in Milwaukee to hear a speech from Mark Hessen, ......

Full article >>> chase emerging regional biotech companies, move the headquarters and displace workers. Recently, Madison-based Bone Care International announced that it is being acquired for $600 million by Massachusetts-based Genzyme Corp. Still uncertain is the future employment of approximately 170 employees.

Serial biotech entrepreneur and current CEO of Deltanoid Pharmaceuticals Hector DeLuca said,......

Full article >>> y revised their budget system around Mezzia software, replacing Excel and paper-intensive cash flow management systems.

NameProtect Inc.: CEO Mark McLane said that ActiveIP, the Madison firm's new software for brand information monitoring, provides the perfect structure for d......

Full article >>> cant royalty rate is in place. Deluca said several investment bankers have contacted the company to explore both IPO and acquisition strategies.

Zystor Therapeutics: A recent transplant from Missouri to Wisconsin, Zystor reported that tests of its therapeutics for lysosomal storage diseases have improved their targeting and have been successfully tested......

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Source:wistechnology.com By Mike Klein and Les Chappell 06/15/05


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