Tech Company Financing Transactions
Gel Med Sciences Funding Round
Gel Med Sciences, based in Conshohocken, secured $700 thousand in investment from Novitas Capital.
Transaction Overview
Company Name
Announced On
3/31/2006
Transaction Type
Venture Equity
Amount
$700,000
Round
Undisclosed
Investors
Novitas Capital (Paul Schmitt)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
375 East Elm St. 200
Conshohocken, PA 19428
USA
Conshohocken, PA 19428
USA
Phone
Website
Email Address
Overview
Gel Med Sciences (Gel Med) is a privately owned, specialty pharmaceutical company supported by angel and venture capital. The Company is developing animal and human healthcare products utilizing its proprietary Gel Drug Delivery System (GDDS).
Management Team
Browse more venture capital transactions:
Prev: 3/31/2006: UnWired Buyer venture capital transaction
Next: 3/31/2006: SliceX venture capital transaction
Share this article
About Database of VC Transactions
We do our best to document every notable VC transaction. 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