Nanotechnology Now |
Home > News > Financings of the Fortnight: S-1 Storm
January 15th, 2010
Financings of the Fortnight: S-1 Storm
Abstract:
After a long drought, Financings of the Fortnight is back with the rain you crave. And after an even longer drought, a drizzle of biotech IPOs in late 2009 has raised hopes for a good crop of newly public companies in 2010.
BIND Biosciences: This largely under-wraps nanotechnology company made news on a pair of fronts recently, landing former Sequus Pharmaceuticals President Scott Minick as its new president and CEO on Jan. 11 and then announcing an $11 million Series C on Jan. 13 led by David H. Koch's DHK Investment, with participation from prior investors Polaris Venture Partners, Flagship Ventures, ARCH Venture Partners and NanoDimension. As a managing director at ARCH, Minick was serving on BIND's board of directors when the board asked him to take over as CEO. In an interview from the J.P. Morgan Healthcare Conference, Minick told IN VIVO Blog that his firm plans to use the Series C money to get BIND's lead candidate, BIND-014 - a formulation of the oncologic Taxotere contained in a nanoparticle shell - into clinical development by the end of 2010. BIND uses its Medical Nanoengineering platform to attempt to develop safer and/or more efficacious versions of oncology, cardiovascular and anti-inflammatory drugs through differential delivery and controlled drug exposure to diseased tissue. "The idea being we get very high concentrations of a known, proven drug to the site of the tumor and, in preclinical models, [we] have demonstrated increased efficacy as well as improved safety," Minick said.
Source:
invivoblog.blogspot.com
Bookmark:
| Related Links |
| Related News Press |
News and information
Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013
IDTechEx launches online Market Intelligence Portal May 23rd, 2013
Investments/IPO's/Splits
Elsevier Business Intelligence (EBI) to Host 'IN3 Medical Device 360 Boston,' June 24-26, 2013 May 20th, 2013
Aspen Aerogels Announces $22.5 Million Private Placement May 18th, 2013
Harris & Harris Group Notes the Sale of a Second D-Wave Quantum Computer May 16th, 2013
Nanometrics Announces Upcoming Investor Events May 14th, 2013
Nanomedicine
UofL scientists uncover how grapefruits provide a secret weapon in medical drug delivery May 22nd, 2013
How Gold Nanoparticles Can Help Fight Ovarian Cancer May 21st, 2013
Announcements
Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013
IDTechEx launches online Market Intelligence Portal May 23rd, 2013
Appointments/Promotions/New hires/Resignations/Deaths
Applied Nanotech Seeks New Chief Executive Officer: New Leader Needed for Next Phase of Growth May 10th, 2013
Cambrios Taps Sriram Peruvemba to Oversee Worldwide Marketing May 8th, 2013
TMC Names Murugesh Thimmanna National Sales Manager, India April 25th, 2013
Nanobiotechnology
Bacterial spare parts filter antibiotic residue from groundwater May 22nd, 2013
Researchers Perform Fastest Measurements Ever Made of Ion Channel Proteins May 20th, 2013
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
University Technology Transfer & Patents
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||
abbigliamento uomo
Computer Accessories
| © Copyright 1999-2013 7th Wave, Inc. All Rights Reserved | PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE |