FINANCING OF PRIVATE BIOTECHNOLOGY COMPANIES: $529.68M

Company

Location

Date

Amt. (M)

Details


Achaogen Inc.

South San Francisco

10/10/06

$26

New investor Domain Venture Partners led the Series B round, which also included Series A investors 5AM Ventures, ARCH Venture Partners, Venrock Associates and Versant Ventures

Action Pharma
A/S

Stockholm, Sweden

10/27/06

€6 ($7.7)

Investing in the financing round were Innovations Kapital, Growth Foundation and Incuba Ventures; they have an option to invest an additional €3M

Affectis
Pharmaceuticals
AG

Munich, Germany

10/24/06

€12 ($15.1)

The Series C financing was led by new investor Aescap Venture, and included all existing investors

Amorcyte
Inc.

Hackensack, N.J.

10/23/06

ND

An undisclosed investment was added to a $4.2M Series A round completed in June; PA Early Stage Partners placed the additional financing

Amsterdam
Molecular
Therapeutics BV

Amsterdam, the Netherlands

10/4/06

€22 ($27.7)

The Series A financing was led by ABN AMRO Capital Life Sciences, and included Advent Venture Partners, Gilde Healthcare Partners and Credit Agricole Private Equity

Amyris
Biotechnologies
Inc.

Emeryville, Calif.

10/12/06

$20

The Series A financing was led by Khosla Ventures, and included Kleiner Perkins Caufield & Byers and Texas Pacific Group Ventures

Applied
Genetics Inc.
Dermatics

Freeport, N.Y.

10/10/06

$5.5

Trevi Health Ventures led the Series A round, which included WHI Group and other investors

Cempra
Pharmaceuticals
Inc.

Research Triangle Park, N.C.

10/3/06

$8

The company's Series A financing round of $14M in August was increased to $22M, as Aisling Capital joined two other firms as a co-lead investor

CMP
Therapeutics
Ltd.

Oxford, UK

10/23/06

€4.5 ($5.7)

The Series A financing is being provided in tranches by Inventages Capital Investments Inc.

CoDa
Therapeutics
Inc.

San Diego

10/10/06

$10

The Series A financing was provided by Domain Associates; the company anticipated another $5M to $10M investment within 90 days

Cytheris SA

Paris

10/25/06

€24.3 ($30.9)

CDC Enterprises Innovation led the Series B round, which included ABN AMRO Capital Life Sciences, AXA Private Equity, BIOAM/Bioamgestion, Crédit Agricole Private Equity, T2C2/Bio 2000 and Caisse de Dépôt et Placement du Québec

Diffusion
Pharmaceuticals
LLC

Charlottesville, Va.

10/17/06

$1.5

The financing came primarily from existing shareholders

EnVivo
Pharmaceuticals
Inc.

Watertown, Mass.

10/4/06

$24

The Series C financing was led by existing investor Fidelity Biosciences, which also led the Series A and B rounds

Esperance
Pharmaceutical
Inc.

Baton Rouge, La.

10/31/06

$9

The Series A financing was co-led by Louisiana Fund I, Themelios Ventures Partners LP and Research Corp. Technologies Inc.

Faust
Pharmaceuticals
SA

Strasbourg, France

10/9/06 ($10.3)

€8.2

Funding was the first tranche of what was expected to be a Series C round of up to €35M; investors were Sofinnova Partners, Auriga Partners, Siparex Ventures, Edmond de Rothschild Investment Partners, AGF Private Equity and CDC Entreprises - FCJE

Heidelberg
Pharma GmbH

Ladenburg, Germany

10/2/06

€16 ($20)

HDP Beteiligungs GmbH invested €16M in the Series B round, increasing its stake in the company to about 86%

Macroflux
Corp.

Mountain View, Calif.

10/10/06

$75

The Alza Corp. spin-out completed its initial funding, with an investment led by Nomura Phase4 Ventures and including New Enterprise Associates and funds managed by HBM Partners

Morphotek
Inc.

Exton, Pa.

10/12/06

$40

The Series D financing was led by Investor Growth Capital and included new investors MDS Capital and Hunt BioVentures and existing investors Forward Ventures, Morgenthaler Ventures, SR One, Flagship Ventures, Burrill & Co., CB Health Ventures and Rock Maple Ventures

MTM
Laboratories
AG

Heidelberg, Germany

10/9/06

€22 ($27.6)

The Series C financing was led by HBM Bio- Ventures and HBM BioCapital, and included Heidelberg Innovation, Wellington Partners, Nexus Medical Partners and SwissFirst Bank

NovImmune
SA

Geneva

10/30/06

CHF58 ($46.6)

The Series B financing round was led by new investor BZ Bank and included Pictet Private Equity Investors SA, along with existing investors Lombard Odier Darier Hentsch, Novartis Venture Fund and Aravis Venture

Pharmaxon

Marseilles, France

10/3/06

€0.5 ($0.63)

Participating in the seed funding round were Inserm Transfert Initiative, Esperante, Primaveris and CAAP Creation

Portola
Pharmaceuticals
Inc.

South San Francisco

10/17/06

$20

Hercules Technology Growth Capital Inc. provided $20M of debt financing to Portola

ProNAi
Therapeutics
Inc.

Kalamazoo, Mich.

10/24/06

$6.65

The bridge funding round included investments from Apjohn Ventures, Grand Angels, Amherst Fund, Sigvion Ventures and an earlier investment of $3.3M from the Michigan Economic Development Corp.

Santhera
Pharmaceuticals
AG

Liestal, Switzerland

10/5/06

€10 ($12.8)

The financing was led by existing investor NGN Capital and included new investors NeoMed Management, Schroder Investment Management SA and BioMedinvest, and existing investors Carnegie Asset Management, GIMV, Dow Chem- ical, Clariden Biotechnology Fund, 3i and others; Santhera has an additional €5M call option

Tacere
Therapeutics
Inc.

San Jose, Calif.

10/12/06

ND

The seed financing was provided by Hokkaido Venture Capital

VaxInnate
Corp.

Cranbury, N.J.

10/25/06

$40

The Series C financing was led by New Leaf Venture Partners and included Canaan Partners, as well as existing investors HealthCare Ventures, Oxford Bioscience Partners LLC, MedImmune Ventures Inc. and CHL Medical Partners

Xencor Inc.

Monrovia, Calif.

10/18/06

$39

The Series E financing was led by MedImmune Ventures Inc. and included new investors Novo Nordisk and HealthCare Ventures, as well as existing investor Zen Investments; the $39M total does not include a $6M bridge investment that previously was disclosed


Notes:

Currency conversions are based on exchange rates at the time of the deal.

ND = Not disclosed.