Tech Company Financing Transactions

Promedior Funding Round

On 3/16/2010, Promedior announced $12 million in Series C funding from Forbion Capital Partners, Easton Capital and HealthCare Ventures.

Transaction Overview

Company Name
Promedior
Announced On
3/16/2010
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series C
Investors

Forbion Capital Partners (Lead Investor) (Geert Mulder)

Easton Capital (John Friedman)

HealthCare Ventures (Harold Werner)

Morgenthaler Ventures (James Broderick)

Polaris Partners (Amir Nashat)

Proceeds Purpose
This new financing will allow us to generate initial Phase 2 clinical data for PRM-151 in several therapeutic indications. In addition, as a European investor, Forbion brings valuable drug development experience and regulatory expertise, as well as an additional network in Europe as we pursue a global drug development strategy.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
101 Hartwell Ave.
Lexington, MA 02421
USA
Phone
(781) 538-4200
Website
www.promedior.com
Email Address
[email protected]
Overview
Promedior is a product-focused biopharmaceutical company developing novel therapeutics for the treatment of fibrotic disorders and diseases.
Profile
Promedior LinkedIn Company Profile
Social Media
Promedior Company Twitter Account
Company News
Promedior News
Facebook
Promedior on Facebook
YouTube
Promedior on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Russell Ellison
  Russell Ellison LinkedIn Profile  Russell Ellison Twitter Account  Russell Ellison News  Russell Ellison on Facebook
Chief Medical Officer
Bernt Blink
  Bernt Blink LinkedIn Profile  Bernt Blink Twitter Account  Bernt Blink News  Bernt Blink on Facebook
Chief Medical Officer
Renu Gupta
  Renu Gupta LinkedIn Profile  Renu Gupta Twitter Account  Renu Gupta News  Renu Gupta on Facebook
Chief Operating Officer
Richard Jack
  Richard Jack LinkedIn Profile  Richard Jack Twitter Account  Richard Jack News  Richard Jack on Facebook
VP - Bus. Development
Scott Willett
  Scott Willett LinkedIn Profile  Scott Willett Twitter Account  Scott Willett News  Scott Willett on Facebook

 

 

Browse more venture capital transactions:

Prev: 3/16/2010: TAGSYS RFID venture capital transaction
Next: 3/16/2010: Social Solutions venture capital transaction

 

Share this article

 

News on VC Transactions

Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.