Tech Company Financing Transactions
Merrimack Pharmaceuticals Funding Round
Private investors participated in a $77 million capital raise for Merrimack Pharmaceuticals. The round was announced on 4/14/2011.
Transaction Overview
Company Name
Announced On
4/14/2011
Transaction Type
Venture Equity
Amount
$77,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds from the financing will be used to advance Merrimack's proprietary pipeline of novel targetedcancer therapeutics.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
1 Kendall Sq. 14th Floor B7201
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Overview
Merrimack Pharmaceuticals, Inc. (NASDAQ: MACK) is a biotechnology company based in Cambridge, Massachusetts. We are dedicated to the discovery and development of innovative therapies for the treatment of autoimmune disease and cancer.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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