Tech Company Financing Transactions

Optherion Funding Round

Optherion closed a $37 million Series A venture capital round on 10/9/2007. Investors included Biogen Idec, Domain Associates and Johnson & Johnson Development Corporation.

Transaction Overview

Company Name
Announced On
10/9/2007
Transaction Type
Venture Equity
Amount
$37,000,000
Round
Series A
Proceeds Purpose
Optherion's initial focus is to develop disease-modifying therapies to prevent loss of vision in patients with dry AMD, the leading cause of blindness in people over 60 in the developed world, as well as a portfolio of tests that predict, diagnose and monitor progression of the disease.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
555 Long Wharf Drive 11th Floor
New Haven, CT 06511
USA
Email Address
Overview
Optherion, Inc. is an early-stage biotechnology company that is developing diagnostic and disease-modifying products for the management and treatment of dry and wet Age-related Macular Degeneration (AMD) and other chronic diseases involving the alternative complement system.Optherion's intellectual properties are based on recent scientific discoveries linking certain genes to AMD.
Profile
Optherion LinkedIn Company Profile
Social Media
Optherion Company Twitter Account
Company News
Optherion News
Facebook
Optherion on Facebook
YouTube
Optherion on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Colin Foster
  Colin Foster LinkedIn Profile  Colin Foster Twitter Account  Colin Foster News  Colin Foster on Facebook


 

 

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Prev: 10/9/2007: AngioScore venture capital transaction
Next: 10/10/2007: Outside.in venture capital transaction

 

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