Tech Company Financing Transactions

Targacept Funding Round

Targacept, based in Winston-Salem, received $60 million from Nomura Phase4 Ventures, Advent International and Burrill & Company.

Transaction Overview

Company Name
Announced On
3/19/2003
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Proceeds Purpose
The $60 million raised in this round will allow the company to hit a number of key clinical milestones and will provide additional strategic flexibility.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
100 North Main St. 1510
Winston-Salem, NC 27101
USA
Email Address
Overview
Targacept, Inc. (Nasdaq: TRGT) is a world leader in the discovery and development of nicotinic acetylcholine receptor-based therapies for neurodegenerative, neuropsychiatric and gastrointestinal diseases.
Profile
Targacept LinkedIn Company Profile
Social Media
Targacept Company Twitter Account
Company News
Targacept News
Facebook
Targacept on Facebook
YouTube
Targacept on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nassim Usman
  Nassim Usman LinkedIn Profile  Nassim Usman Twitter Account  Nassim Usman News  Nassim Usman on Facebook
Chief Financial Officer
Fletcher Payne
  Fletcher Payne LinkedIn Profile  Fletcher Payne Twitter Account  Fletcher Payne News  Fletcher Payne on Facebook
Chief Medical Officer
Howard Levy
  Howard Levy LinkedIn Profile  Howard Levy Twitter Account  Howard Levy News  Howard Levy on Facebook
VP - Bus. Development
Jeffrey Landau
  Jeffrey Landau LinkedIn Profile  Jeffrey Landau Twitter Account  Jeffrey Landau News  Jeffrey Landau on Facebook
VP - Manufacturing
Andrew Hetherington
  Andrew Hetherington LinkedIn Profile  Andrew Hetherington Twitter Account  Andrew Hetherington News  Andrew Hetherington on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/18/2003: Cellzome AG venture capital transaction
Next: 3/24/2003: TeraXion venture capital transaction

 

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Our team works diligently to report on tech company VC transactions. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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