Tech Company Financing Transactions
Neuromed Pharmaceuticals Funding Round
On 11/4/2003, Neuromed Pharmaceuticals secured $32 million in Series C investment from MPM Capital and MDS Capital.
Transaction Overview
Company Name
Announced On
11/4/2003
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series C
Investors
MPM Capital (Lead Investor) (Kurt Wheeler)
MDS Capital (Darrell Elliott)
Proceeds Purpose
The proceeds from this investment will be used to advance NeuroMed's lead compound through to completion of Phase II clinical trials and fund the further development of the Company's extensive preclinical pipeline.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
Six Tower Bridge 181 Washington Street 440
Conshohocken, PA 19428
USA
Conshohocken, PA 19428
USA
Phone
Website
Email Address
Overview
Neuromed is a privately held biopharmaceutical company developing the next generation of chronic pain drugs with pipeline programs in anxiety, epilepsy and cardiovascular disease such as hypertension.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christopher Gallen
Chief Financial Officer
Bruce Colwill
Chief Scientific Officer
Terrance Snutch
Vice President
Simon Li
Vice President
Gene Wright
VP - Bus. Development
Jeffrey Arcara
VP - Marketing
Mario Orlando
Browse more venture capital transactions:
Prev: 11/3/2003: ITM Software venture capital transaction
Next: 11/4/2003: NanoNexus venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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