Navigation Links
Romark Laboratories Raises $18 Million in Institutional Financing
Date:12/21/2007

TAMPA, Fla., Dec. 21 /PRNewswire/ -- Romark Laboratories, L.C., a privately-owned biotechnology company, today announced the closing of an $18 million institutional financing with the D.E. Shaw Group.

The proceeds from this financing will enable Romark to advance development of its lead compound, nitazoxanide, for the treatment of hepatitis C, and advance its next-generation thiazolide drug candidates for the treatment of hepatitis B and C and other viral diseases. Romark is currently conducting a U.S. Phase 2 trial of nitazoxanide in hepatitis C patients who have failed standard treatments, and expects to begin a U.S. Phase 2 trial in treatment naive patients in the first quarter of 2008.

About D.E. Shaw Group The D.E. Shaw group (http://www.deshaw.com) is a global investment and technology development firm with more than 1,200 employees; approximately $35 billion in aggregate investment capital; and offices in North America, Europe, and Asia.

About Romark Laboratories

Romark Laboratories, L.C. (http://www.romark.com) is a privately-owned biotechnology company committed to the discovery and development of innovative new small molecules for treating infectious diseases, cancers, and autoimmune diseases.


'/>"/>
SOURCE Romark Laboratories, L.C.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1

Related medicine technology :

1. Romark Initiates Clinical Trial of Alinia(R) for Chronic Hepatitis C in the United States
2. Daiichi Sankyo and Forest Laboratories Finalize Contract for Co-Promotion of AZOR(TM)
3. Forest Laboratories, Inc. and Gedeon Richter Announce Results of Phase II-B Study for RGH-188 as a Treatment for Schizophrenia
4. Forest Laboratories, Inc. Announces Positive Results of LEXAPRO(R) Phase III Study in Adolescents With Major Depression
5. Globus Medical Raises $110 Million in Series E Financing Round
6. EntreMed Raises $20 Million to Support Clinical Development Program
7. Flexible Medical Systems Raises $1.2M Seed Investment for Initial Human Trials
8. Atritech Announces Completion of a $22 Million Equity Financing
9. The Female Health Company Receives USAID DELIVER PROJECT Order for 5 Million Units
10. Niaid / Barda Awards Elusys a $12 Million Contract to Further Develop Anthim, the Companys Anthrax Therapeutic
11. Isis Announces $1.2 Million Award to Its Ibis Subsidiary to Expand Influenza Detection Capabilities and Enable Large-Scale Influenza Transmission Studies
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/31/2016)... 31, 2016 Aloe vera extracts ... cosmetics and pharmaceuticals, with global volume to surpass 60,720.4 ... Bn. Demand for aloe vera extracts for ... will continue its upward momentum in 2016 as well. ... positive sentiment on aloe vera, with wide-ranging applications in ...
(Date:5/31/2016)... 31, 2016 The global biomaterials market ... surging prevalence of deaths from chronic diseases. According to research ... By Country): Opportunities and Forecasts (2016-2021) - (By Value; By ... Plastic Surgery, Wound Care); By Region-North America, Europe ... Germany , Italy , ...
(Date:5/31/2016)... , May 31, 2016 , Isansys ... for its Patient Status Engine wireless patient monitoring platform, as ... , Germany , Scotland ... company,s 2 nd generation system, launched earlier this year, is ... world , , This new technology significantly ...
Breaking Medicine Technology:
(Date:5/31/2016)... (PRWEB) , ... May 31, 2016 , ... The ... industry, today released ten predictions on the future of wellness, travel, spa and beauty ... top travel, spa and beauty companies to leading economists and researchers - to forecast ...
(Date:5/31/2016)... ... May 31, 2016 , ... Spectrum Aquatics has launched a brand new ADA ... and built with the user in mind. , “Over the last two years our ... an ADA 400 lbs lift is a necessary requirement for certain facilities with specific ...
(Date:5/31/2016)... ... 2016 , ... Phynd Technologies, Inc. announced recently the signing of three new ... Shore Medical Center – Somers Point, NJ. The new clients range in bed size ... breadth of Phynd’s solution and its interoperability. , Houston Methodist is a leading academic ...
(Date:5/31/2016)... ... 31, 2016 , ... MinerEye today announced that it has ... report by Gartner1 Inc. , Each year, Gartner identifies new Cool Vendors in ... vendors and their products and services. , According to Gartner, “Gartner's Cool Vendors ...
(Date:5/31/2016)... , ... May 31, 2016 , ... ... apply information technology solutions to the healthcare industry, The University of Scranton is ... offers an accelerated path to a career in rapidly growing field of healthcare ...
Breaking Medicine News(10 mins):