Navigation Links
BioVascular Inc. Closes $10.87 Million Series C Financing
Date:2/7/2008

Funds to Finance On-going Clinical Development of Saratin and BVI-007

SAN DIEGO, Feb. 7 /PRNewswire/ -- BioVascular Inc., a company focused on developing therapies targeting platelet-mediated diseases, today announced that it secured $10.87 Million in Series C financing. The Series C funds will support the clinical development of BioVascular's therapeutics targeting platelet-mediated diseases, saratin and BVI-007.

BB Biotech Ventures of Zurich, Switzerland led the financing; previous investors Merck KGaA and Domain Associates also joined the round. In connection with the financing, Martin Munchbach, Ph.D., partner of BB Biotech will join BioVascular's board of directors.

Dr. Munchbach joined BB Biotech Ventures in 2004. Prior to joining BB Biotech, he served as a partner at BioMedinvest and has held senior level positions at HBM Partners and New Medical Technologies (NMT). Before NMT, Dr. Munchbach gained experience in strategic marketing at Sanofi-Synthelabo. Dr. Munchbach holds a Ph.D. in protein chemistry, an MSc in biochemistry and a master in economics from the Swiss Federal Institute of Technology (ETH), Zurich.

"With the support of Domain Associates and Merck KGaA, BioVascular has built a solid strategy for advancing our two clinical candidates," noted John Parrish, CEO of BioVascular. "As we execute on our plan to become a world-class cardiovascular specialty therapeutics company, we welcome the financial support and advice of Dr. Munchbach and BB Biotech."

Funds raised through this financing will allow BioVascular to complete ongoing clinical trials of its two compounds, saratin and BVI-007. The company has raised a total of $18.87 million to date. Saratin is under investigation to reduce the failure of vascular grafts due to intimal hyperplasia and is currently the subject of two Phase I/II clinical trials. BVI-007, a compound that acts to reduce platelet production without affecting platelet function, is being stud
'/>"/>

SOURCE BioVascular Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Joslin Study Identifies Key Factor That Links Metabolic Syndrome; Finding May Help Millions at High Risk of Cardiovascular Disease
2. Michael J. Fox Foundation Awards Up to $3 Million to Industry Teams to Jumpstart Promising PD Drug Development
3. More Than 1.5 Million Americans Sickened, Injured or Killed by Medication Errors Each Year; Seniors Most at Risk
4. 10 Million Square Feet of Turf Set to be Treated in 2008 in Response to MRSA Outbreaks Nationwide
5. Romark Laboratories Raises $18 Million in Institutional Financing
6. MJFF and Merck Serono (EMD Serono in North America) Join Forces on $2-Million Initiative to Drive Treatments for PD-Related Cognitive Dysfunction and Mood Disorders
7. NeuroVasx, Inc. Announces $8.5 Million Private Placement and Completion of cPAX Aneurysm Treatment Study
8. Five Clinical Studies to Receive $2.5 Million Under Foundations 2007 Clinical Discovery Program
9. Female Health Company Receives Brazilian Order: Four Million FC Female Condoms
10. Immtech Receives $5.1 Million to Further African Sleeping Sickness Clinical Trials
11. Coley Pharmaceutical Group Receives $3.0 Million Milestone Payment from GlaxoSmithKline
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/22/2014)... KENNEBUNK, Maine , Dec. 22, 2014 /PRNewswire/ ... an analysis brief providing a summary of the ... health plan enrollment trends.  According ... Secretary for Planning and Evaluation, Department of Health ... people were enrolled in individual medical plans through ...
(Date:12/22/2014)... , Dec. 22, 2014 TWi ... Notice of Allowance for AC-201, TWi Biotechnology,s lead ... in China for patent ... its pharmaceutically acceptable salts, active metabolite for treatment ... the methods of treatment using AC-201 for type ...
(Date:12/19/2014)... 19, 2014 You,re visiting the dentist for ... when he or she says you need a root ... you may have several questions and feel apprehensive about ... know it,s nothing to worry about. The Pennsylvania Dental ... alleviate any anxiety the public may have surrounding this ...
Breaking Medicine Technology:Insights into the Marketplace and Individual Market Growth 2TWi Biotechnology Receives Notice of Patent Allowance for Its Lead Drug Candidate AC-201 for the Indication of Type II Diabetes in China 2TWi Biotechnology Receives Notice of Patent Allowance for Its Lead Drug Candidate AC-201 for the Indication of Type II Diabetes in China 3Root Canals Have Become More Routine 2
... 14, 2011 Mesa Laboratories, Inc. (Nasdaq: ... has declared a regular quarterly cash dividend of 12 ... 15, 2011 to shareholders of record at the close ... Laboratories develops, acquires, manufactures and markets electronic instruments and ...
... 2011 Mercator MedSystems, Inc., a privately held medical ... that Neil P. Desai, Ph.D. was elected to its ... in drug-delivery and global development and holds over 100 ... Abraxis Bioscience, Inc. (ABI), by Celgene Corporation in late ...
Cached Medicine Technology:Mercator MedSystems Appoints Neil Desai, Ph.D., to Board of Directors 2
(Date:12/22/2014)... 2014 The Bob Woodruff Foundation ... invested more than $5 million in programs and ... their families. , This includes $1.3 million in ... helping with: veteran entrepreneurship; community impact; vocational training; ... severely injured veterans. , “The needs of those ...
(Date:12/22/2014)... Naples, Florida (PRWEB) December 22, 2014 ... this holiday season, the gift of health and vitality. ... is offering its three top-selling anti-aging formulas in special ... with free rush delivery. , Each bottle contains ... digestion, areas that don't work as well as we ...
(Date:12/22/2014)... 22, 2014 Xarelto Lawsuit News ... of judges has granted a request to centralize pending ... District Court, Eastern District of Louisiana. The U.S. Judicial ... December 12 to transfer over 50 Xarelto cases–21 lawsuits ... the Louisiana court for consolidation under U.S. District Judge ...
(Date:12/22/2014)... St. Petersburg, FL (PRWEB) December 22, 2014 ... needed. Sublime Beauty® has a fast and easy solution that ... online gift cards can be purchased from from $25 up ... ®. "We offer 100% customer satisfaction and a wide array ... cards have no fees and no expiration dates. , ...
(Date:12/22/2014)... DC (PRWEB) December 22, 2014 ... its year-long, professional development programs this month. Faculty ... which focuses on nurse educators fast-tracked for administrative ... the Leadership Development Program for Simulation Educators, featuring ... specialized area of nursing education. , Twenty ...
Breaking Medicine News(10 mins):Health News:Bob Woodruff Foundation Poised to Reach More Vets Thanks to Banner Year 2Health News:Bob Woodruff Foundation Poised to Reach More Vets Thanks to Banner Year 3Health News:Bob Woodruff Foundation Poised to Reach More Vets Thanks to Banner Year 4Health News:Bob Woodruff Foundation Poised to Reach More Vets Thanks to Banner Year 5Health News:Bob Woodruff Foundation Poised to Reach More Vets Thanks to Banner Year 6Health News:Bob Woodruff Foundation Poised to Reach More Vets Thanks to Banner Year 7Health News:You Still Have Time to Give the Gift of Health and Vitality to a Mature Loved One 2Health News:Panel Orders Xarelto Lawsuits Consolidated Into Multi-District Litigation Reports Alonso Krangle LLP 2Health News:Panel Orders Xarelto Lawsuits Consolidated Into Multi-District Litigation Reports Alonso Krangle LLP 3Health News:Panel Orders Xarelto Lawsuits Consolidated Into Multi-District Litigation Reports Alonso Krangle LLP 4Health News:NLN Leadership Institute Announces 2015 Cohorts 2Health News:NLN Leadership Institute Announces 2015 Cohorts 3
... exercise, can keep lung tumors at bay, one study found ... environment can affect your risk for cancer, so can everyday ... new research shows. , The findings were to be presented ... conference on cancer prevention. , One study found that people ...
... Data on Perifosine in the Treatment of Patients ... on Saturday, December 8th at 5:30pm, NEW ... KERX ) today announced that abstracts related to ... poster sessions,scheduled to take place at the upcoming ...
... Symptoms Among Frequent Complaints in Expectant,Mothers, ... from,the American College of Gastroenterology have released ... challenges of caring,for women with chronic digestive ... to pregnancy., "Given the large number ...
... Caring, Inc. has been,awarded the Maryland Association ... completing the Standards for Excellence,certification program. Hospice ... examining its compliance with the Maryland Nonprofits ... for the Nonprofit Sector., Standards for ...
... HARBOR, N.Y. In recent years, significant progress ... authoritative new book published by Cold Spring Harbor Laboratory ... advances on the molecular basis of aging, such as ... relationship between diet and aging. They also discuss ...
... Universitys School of Dentistry and Oral Health welcomes the Queensland ... a measure endorsed by all major international and Australian ... , The decision will ensure that 80 ... two years, and more than 90 per cent of the ...
Cached Medicine News:Health News:Everyday Choices Can Influence Cancer Risk 2Health News:Everyday Choices Can Influence Cancer Risk 3Health News:Keryx Biopharmaceuticals, Inc. Announces Poster Presentations Highlighting Observed Clinical Activity of KRX-0401 (Perifosine) to be Presented at the Upcoming American Society of Hematology Meeting in Atlanta, Georgia 2Health News:Keryx Biopharmaceuticals, Inc. Announces Poster Presentations Highlighting Observed Clinical Activity of KRX-0401 (Perifosine) to be Presented at the Upcoming American Society of Hematology Meeting in Atlanta, Georgia 3Health News:Keryx Biopharmaceuticals, Inc. Announces Poster Presentations Highlighting Observed Clinical Activity of KRX-0401 (Perifosine) to be Presented at the Upcoming American Society of Hematology Meeting in Atlanta, Georgia 4Health News:Keryx Biopharmaceuticals, Inc. Announces Poster Presentations Highlighting Observed Clinical Activity of KRX-0401 (Perifosine) to be Presented at the Upcoming American Society of Hematology Meeting in Atlanta, Georgia 5Health News:American College of Gastroenterology Offers Updated Clinical Guidance for Managing Pregnant Patients 2Health News:American College of Gastroenterology Offers Updated Clinical Guidance for Managing Pregnant Patients 3Health News:Hospice Caring, Inc. Earns Seal of Excellence and Elects New Board Member 2Health News:New book presents comprehensive survey of research into the molecular basis of aging 2Health News:Fluoridated water for Queensland ... at last 2
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
Medicine Products: