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BioWorld - Sunday, May 28, 2023
Home » Topics » Financings

Financings
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Financings for Nov. 30, 2020

Nov. 30, 2020
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Biopharmas raising money in public or private financings, including: Acerus, Achieve, Adrenomed, Advaxis, Eluminex, Kinaset, Sigilon, Silverback, Spotlight.
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Sebastian Bhakdi in lab

Singapore’s X-Zell wins Medtech Innovator’s Asia Pacific competition

Nov. 25, 2020
By David Ho
No Comments
HONG KONG – Singapore-based X-Zell Biotech Pte. Ltd. has emerged as the winner of the Medtech Innovator Asia Pacific 2020 Accelerator program, as determined by a live virtual audience vote. Winning the competition, organized by Medtech Innovator and the Asia Pacific Medical Technology Association (APACMed), earned X-Zell a $150,000 non-dilutive grand prize to advance its business goals and mission.
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Financings for Nov. 25, 2020

Nov. 25, 2020
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Med-tech firms raising money in public or private financings, including: Maravai Lifesciences, Sotera Health.
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Financings for Nov. 25, 2020

Nov. 25, 2020
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Biopharmas raising money in public or private financings, including: Acerus, Active Biotech, Adial, Avrobio, Clovis, Destiny, Hepion, Lixte, Stealth, Stoke, Vtv.
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George Chen, co-founder, chairman and CEO, D3 Bio

D3 Bio launches with a hefty $200M series A financing

Nov. 24, 2020
By David Ho
No Comments
HONG KONG – D3 Bio Inc. is the new kid on the biopharma block in Shanghai, kicking off with a $200 million series A financing backed by some of Asia’s most prominent venture capital firms.
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Chi-Med receives $100M equity investment from Canada Pension Plan Investment Board

Nov. 24, 2020
By David Ho
No Comments
HONG KONG – Hutchison China Meditech Ltd. (also known as Chi-Med) has received a $100 million equity investment from the Canada Pension Plan Investment Board, which will fund ongoing research, clinical development and commercialization capabilities.
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Illustration of workflow steps

Correlia Biosystems nabs $7 million in series A financing

Nov. 24, 2020
By Annette Boyle
No Comments
Following steady expansion of its base among global pharmaceutical companies, Correlia Biosystems Inc. has secured the capital needed to make its nanotechnology-based immunoassay platform commercially available. The company received an infusion of $7 million in series A financing in a round led by Neotribe Ventures with participation by Cota Capital, the Regents of the University of California and others.
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Precision device in use

Limaca Medical secures $1.25M to advance Precision biopsy tool

Nov. 24, 2020
By Meg Bryant
No Comments
Endoscopic ultrasound-guided biopsy startup Limaca Medical Ltd. has raised $1.25 million of a $1.5 million round to advance its next-generation Precision device. The company said it will use the funds to complete first-in-human procedures, conduct postmarket clinical studies and gain regulatory approvals of Precision for gastrointestinal (GI) system and adjacent organ tumors.
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Product image

Carmat wins non-dilutive financing of $11.8M from the French government

Nov. 24, 2020
By Bernard Banga
No Comments
PARIS – Carmat SA has closed an $11.8 million loan in the form of a government-backed loan from a French banking syndicate. In an environment made uncertain by the COVID-19 crisis, Carmat will be able to continue its clinical development program on its total artificial heart, undisturbed. “This financing facility contributes to securing our cash position and extends our financial visibility through to the third quarter of 2021,” Stéphane Piat, CEO of Carmat, told BioWorld.
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Financings for Nov. 24, 2020

Nov. 24, 2020
No Comments
Med-tech firms raising money in public or private financings, including: Voluntis, Well Health.
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