FINANCING OF PRIVATE BIOTECHNOLOGY COMPANIES: $513.7M
Company Location Date Amt. (M) Details

Affibody
Holding AB
Stockholm, Sweden 4/4** SEK200 ($28.5) Affibody raised $28.5M through a private financing
Affimed
Therapeutics
AG
Heidelberg, Germany 4/4 $33.4 Affimed raised €25M (US$33.4M) in a Series B round led by BioMedInvest, OrbiMed Advisors LLC and Life Sciences Partners, as well as FirstVentury
Argos
Therapeutics
Inc.
Durham, N.C. 4/20 $5 Argos raised $5M in a three-year financing arrangement with Silicon Valley Bank and Oxford Finance Corp.
Ascenta
Therapeutics
Inc.
San Diego 4/10 $50 Ascenta raised $30M in the first tranche of a Series C financing; investors were Perseus LLC, Domain Associates, Sofinnova Ventures, Enterprise Partners, Scale Venture Partners and US Venture Partners
aTyr Pharma San Diego 4/18 $10.5 aTyr closed a Series B round co-led by Alta Partners and Polaris Venture Partners; other investors were Imagene and Cardinal Partners
Bionas GmbH Rostock, Germany 4/11 €2.1

($2.8)

Bionas closed a $2.8M financing; participants included Genius Venture Capital GmbH and the KfW-Bankengruppe
DiObex Inc. San Francisco 4/16 $24 DiObex closed a $24M Series B financing led by Inventages Venture Capital SA; other investors were Mitsui Ventures, Pac-Link Bioventures, Domain Associates LLC, Pequot Ventures and Sofinnova Ventures
Egalet A/S Copenhagen, Denmark 4/2 $19.3 Egalet raised $19.3M in a Series B round led by Vaekstfonden Life Sciences Ventures; it included existing investors Atlas Venture, Bio Fund, Dansk Kapitalanlaeg, Danske Bank, Index Ventures and QueQuoin Holdings Ltd.
Ganymed
Pharmaceuticals
AG
Mainz, Germany 4/18 €33.7

($45.7)

Ganymed closed a $45.7M Series C financing round led by VI Partners; the financing was underwritten by Future Capital, Ingro Finanz, Landesbank Baden-Wurtembert, MIG, Nextech Venture, ONC Partners, Varuma and a consortium of mainly Swiss private investors
GenVault Corp. Carlsbad, Calif. 4/4 $18 GenVault raised $18M in a round with investors QuestMark Partners and Domain Associates
Meditrina
Pharmaceuticals
Inc.
Ann Arbor, Mich. 4/4 $4.4 Meditrina secured $4.4M in initial funding from the 21st Century Jobs Fund administered by the Michigan Economic Development Corp. and from the Biosciences Research and Commercialization Center at Western Michigan University
Metabolex
Inc.
Hayward, Calif. 4/19 $32 Metabolex raised $32M in a Series D round led by MPM BioEquities; other investors were AllianceBernstein, Deerfield Management, T. Rowe Price, Alta Partners, Bay City Capital, Biotech Turnaround Fund, Birchmere Ventures, Johnson & Johnson Development Corp., KBC Funds, Lombard Odier Darier Hentsch, Pictet Funds Biotech, Merlin BioMed Group, Novo Ventures, VantagePoint Venture Partners, Venrock Partners and Versant Ventures
Motif
Biosciences Inc.
(subsidiary of
Amphion
Innovations plc)
New York 4/5 $1 Motif raised $1M in a Series C financing; Amphion invested $400,000 in the round
Nautilus
Biotech
Paris 4/30 €8.4

($11.3)

Nautilus raised $11.3M in a round led by Creabilis Biotech, Ed.de Rothschild Investment Partners, Auriga Partners, Matignon Technologies, Pre-IPO Invest, FCJE, 123 Ventures and Genopole
Nitec Pharma
AG
Basel, Switzerland 4/4** CHF32

($26.3)

Nitec raised $26.3M in a Series B round led by NGN Capital; existing investors Atlas Venture and Global Life Sciences Ventures also participated
NuGEN
Technologies
Inc.
San Carlos, Calif. 4/20 $3 NuGEN received $3M from Hercules Technology Growth Capital Inc.
Protemix
Corp. Ltd.
Auckland, New Zealand 4/4 $14.5 Protemix raised $14.5M in a Series A preferred round co-led by the Novartis Venture Fund and NovaQuest, along with Birnie Capital Ltd.
Radius
(formerly
Nuvios Inc.)
Cambridge, Mass. 4/2 $29 Radius raised $29M of a potential $57.5M in a Series C round led by MPM Capital and The Wellcome Trust; they were joined by HealthCare Ventures, Oxford Bioscience Partners, BB Biotech Ventures and Scottish Widows Investment Partnership; the remaining funds will come upon the achievement of certain conditions
Sangart Inc.
San Diego 4/4 $50 Sangart raised $50M in the Series F round led by Leucadia National Corp.
Sirion
Therapeutics
Inc.
Tampa, Fla. 4/9 $45 Sirion raised $45M in a Series B financing led by Aisling Capital; other investors were Investor Growth Capital, Atlas Venture, Advent International and Bear Stearns Healthcare Value Partners
Surface
Logix Inc.
Boston 4/3 $20 Surface Logix raised an additional $20M tranche in a Series D round, bringing the total raised to $52M; it was started in October 2005; Venrock Associates, ARCH Venture Partners, CW Group, HBM BioVentures, Unilever Technology Ventures and others participated
Syndax
Pharmaceuticals
Inc.
Waltham, Mass. 4/3 $40 Syndax raised $40M in a Series A led by Domain Associates and MPM Capital; it included investments from Avalon Ventures, Forward Ventures and Pappas Ventures

Notes:
Currency conversions are based on exchange rates at the time of the deal.
** Denotes the date the item ran in BioWorld International.
ND = Not disclosed.