Tech Company Financing Transactions
MacroGenics Funding Round
MacroGenics secured a $45 million Series C funding round on 5/17/2006. Investors included Alta Partners, InterWest Partners and MPM Capital.
Transaction Overview
Company Name
Announced On
5/17/2006
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series C
Investors
Proceeds Purpose
We are planning to use a significant portion of the money to support an international Phase 2/3 trial of MacroGenics' lead product candidate, a CD3 monoclonal antibody (Mab) for Type 1 diabetes mellitus and to advance treatments for other autoimmune diseases such as arthritis and multiple sclerosis.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
9640 Medical Center Dr.
Rockville, MD 20850
USA
Rockville, MD 20850
USA
Phone
Website
Email Address
Overview
MacroGenics is a private, venture-backed biotechnology company headquartered in Rockville, Maryland that focuses on the development, manufacture, and commercialization of immunotherapeutics for autoimmune disorders, cancer, and infectious diseases.
Management Team
Title
Name
Email & Social
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