Tech Company Financing Transactions
Radius Health Funding Round
Radius Health closed a $10 million Series C funding round on 9/17/2007. Investors included Novartis BioVenture Fund.
Transaction Overview
Company Name
Announced On
9/17/2007
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors
Proceeds Purpose
"It was our stated intention to partner BA058 prior to commencing Phase III development,as this offers the best opportunity to maximize its value potential for Radius whileexpediting its development for the patients who need it," said C. Richard Lyttle, Ph.D.,2 / 2President and CEO of Radius. "Through this innovative option arrangement, we have putin place an early mechanism to partner BA058 with Novartis, a global leader in the field ofosteoporosis."
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
950 Winter St.
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Website
Email Address
Overview
Radius (NASDAQ: RDUS) is a leading company in the discovery and development of a new generation of drug therapies for osteoporosis and women's health.
Management Team
Title
Name
Email & Social
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