Tech Company Financing Transactions
Pacific BioSciences of California Funding Round
Gen-Probe joined a $50 million funding round for Pacific BioSciences of California. The financing round was announced on 6/17/2010.
Transaction Overview
Company Name
Announced On
6/17/2010
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Gen-Probe (Carl Hull)
Proceeds Purpose
Gen-Probe and Pacific Biosciences will initially collaborate on an exclusive basis for up to 30 months, with the goal of developing a longer-term, preferred business relationship aimed toward improving the diagnosis of human diseases. The companies can also purchase certain of each others' products on preferential terms.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
1305 O'Brien Dr.
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Overview
Pacific Biosciences (NASDAQ: PACB) is focused on developing treatments for various diseases through gene sequencing therapies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Hunkapiller
Chief Financial Officer
Susan Barnes
Chief Operating Officer
Kathy Ordoñez
Chief Scientific Officer
Jonas Korlach
Chief Technical Officer
Stephen Turner
VP - Marketing
Kevin Corcoran
VP - R & D
Michael Phillips
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