Tech Company Financing Transactions
Saladax Biomedical Funding Round
Saladax Biomedical, based in Bethlehem, raised $22.4 million in funding from Shanghai Fosun Pharmaceutical.
Transaction Overview
Company Name
Announced On
3/7/2013
Transaction Type
Venture Equity
Amount
$22,400,000
Round
Undisclosed
Investors
Proceeds Purpose
Saladax will utilize the funds from this equity investment to support ongoing clinical development efforts that will lead to the expansion of the MyCare product line, as well as support the commercialization of the company's current portfolio of MyCare assays.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
116 Research Dr.
Bethlehem, PA 18015
USA
Bethlehem, PA 18015
USA
Phone
Website
Email Address
Overview
Saladax Biomedical is pioneering the development of novel, fast andinexpensive immunoassays that will enable routine blood level monitoringof anti-cancer drugs to become the standard of care in treating cancer patients.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Salvatore Salamone
VP - Bus. Development
DeWayne Davenport
VP - R & D
Irina Baburina
VP - Regulatory Affairs
Sue Werner
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