Tech Company Financing Transactions
Clearside Biomedical Funding Round
Clearside Biomedical closed a $20 million Series C investment round on 12/3/2015. Investors included AJU IB Investment, Cormorant Asset Management and Perceptive Advisors.
Transaction Overview
Company Name
Announced On
12/3/2015
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series C
Proceeds Purpose
Presently, Clearside has three ongoing clinical trials using CLS-TA, Clearside's proprietary formulation of triamcinolone acetonide developed specifically for administration using the SCS� Microinjector. Clearside has initiated the enrollment process in the Phase 3 clinical trial (Peachtree) for the treatment of patients with macular edema associated with non-infectious uveitis. Clearside's Phase 2 trial, Tanzanite, is assessing the efficacy and safety of CLS-TA used concomitantly with an intravitreal injection-delivered VEGF inhibitor in patients with macular edema associated with retinal vein occlusion. Clearside recently completed enrollment of the third trial, Dogwood, a Phase 2 trial evaluating the safety and efficacy of CLS-TA in patients with macular edema associated with non-infectious uveitis.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
900 North Point Pkwy. 200
Alpharetta, GA 30005
USA
Alpharetta, GA 30005
USA
Phone
Website
Email Address
Overview
Clearside BioMedical (Nasdaq: CLSD) is an ophthalmic company specializing in the research, development and commercialization of therapeutic products.
Management Team
Title
Name
Email & Social
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