Tech Company Financing Transactions
Romark Laboratories Funding Round
Romark Laboratories, operating out of Tampa, secured $18 million from D. E. Shaw Group.
Transaction Overview
Company Name
Announced On
12/21/2007
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The proceeds from this financing will enable Romark to advance development of its lead compound, nitazoxanide, for the treatment of hepatitis C, and advance its next-generation thiazolide drug candidates for the treatment of hepatitis B and C and other viral diseases. Romark is currently conducting a U.S. Phase 2 trial of nitazoxanide in hepatitis C patients who have failed standard treatments, and expects to begin a U.S. Phase 2 trial in treatment naïve patients in the first quarter of 2008.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
3000 Bayport Dr. 200
Tampa, FL 33607
USA
Tampa, FL 33607
USA
Phone
Website
Email Address
Overview
Romark Laboratories is a biotechnology company committed to the discovery, development and commercialization of innovative small molecules for treating infectious diseases, cancers, and autoimmune diseases.
Management Team
Title
Name
Email & Social
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