DURHAM, N.C., Nov. 7, 2011 /PRNewswire/ -- Chimerix, Inc., a biotechnology company developing orally-available antiviral therapeutics, was presented with the "2011 SEBIO Deal of the Year: Venture Capital Transaction" award during a ceremony held at the conclusion of Southeast BIO's (SEBIO) 13th Annual Investor Forum on November 3, 2011. Kenneth I. Moch, President and Chief Executive Officer, and Timothy W. Trost, Senior Vice President and Chief Financial Officer, accepted the award on behalf of Chimerix.
Chimerix was recognized for having raised a $45 million venture capital financing round earlier this year. Investors in the financing, which closed in February, were Alta Partners, Asset Management Company, Canaan Partners, Frazier Healthcare Ventures, Morningside Group, New Leaf Venture Partners, Pappas Ventures, and Sanderling Ventures. Since inception, Chimerix has raised over $100 million from leading venture capital investors, in addition to $60 million in government funding. Chimerix is developing broad spectrum, oral antiviral therapies for the treatment of life-threatening diseases in immunocompromised patients, such as stem cell and solid organ transplant recipients, and as a biodefense countermeasure in the event of a smallpox release.
"Chimerix is proud to be recognized by SEBIO as a driving force in the region's life science industry," said Moch. "This award is a reflection of the hard work and dedication of Chimerix's employees to advancing our antiviral clinical development programs."
About Southeast BIO
Southeast BIO (SEBIO) is a regional nonprofit organization that fosters the growth of the life sciences industry in the Southeastern United States through efforts that promote entrepreneurship and bring together companies, investors, universities, and support organizations active in the development of the industry.
Chimerix is developing novel antiviral therapeu
|SOURCE Chimerix, Inc.|
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