Tech Company Financing Transactions
Melinta Therapeutics Funding Round
Melinta Therapeutics closed a $70 million Series C venture capital round on 2/10/2014. Backers included Vatera Healthcare Partners and private investors.
Transaction Overview
Company Name
Announced On
2/10/2014
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series C
Investors
Vatera Healthcare Partners (Lead Investor) (Thomas Koestler)
Proceeds Purpose
Proceeds from this financing will be used, in part, to advance delafloxacin, a differentiated fluoroquinolone, through an ongoing Phase 3 study of a single oral dose in individuals with uncomplicated gonorrhea, to the submission of a New Drug Application (NDA) in late 2014. In addition, the funds will support delafloxacin's two ongoing Phase 3 trials for the treatment of acute bacterial skin and skin structure infections (ABSSSI) and the selection of lead candidates from Melinta's RX-04 research program.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
300 George St. 301
New Haven, CT 06511
USA
New Haven, CT 06511
USA
Phone
Website
Email Address
Overview
Melinta Therapeutics' mission is to discover, develop and commercialize groundbreaking antibiotics to overcome drug-resistant, life-threatening infections.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christine Miller
Chief Financial Officer
Peter Milligan
VP - Bus. Development
Michael McGuire
VP - Finance
Susan Blum
VP - General Counsel
Jennifer Sanfilippo
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