Tech Company Financing Transactions

Civitas Therapeutics Funding Round

Canaan Partners and Longitude Capital Management joined a $20 million Series A funding round for Civitas Therapeutics. The round was announced on 1/10/2011.

Transaction Overview

Company Name
Civitas Therapeutics
Announced On
1/10/2011
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors

Canaan Partners (Lead Investor) (Timothy Shannon)

Longitude Capital Management (Lead Investor) (David Hirsch)

Proceeds Purpose
The proceeds of the financing will be primarily used to advance Civitas' lead program for treating patients with Parkinson's disease through clinical proof-of-concept. The company is a spin-out of Alkermes, Inc.'s pulmonary delivery business that includes the related technology, pipeline assets and the commercial ready manufacturing facility.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
190 Everett Ave.
Chelsea, MA 02150
USA
Phone
617.660.4110
Website
www.civitastherapeutics.com
Email Address
[email protected]
Overview
Civitas is a pharmaceutical company focused on developing products with a clinically proven dry powder pulmonary delivery platform. The proprietary dry powder and device combination is unique in its ability to deliver a large, precise dose independent of inspiratory flow rate from a simple, passive device.
Profile
Civitas Therapeutics LinkedIn Company Profile
Social Media
Civitas Therapeutics Company Twitter Account
Company News
Civitas Therapeutics News
Facebook
Civitas Therapeutics on Facebook
YouTube
Civitas Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mark Iwicki
  Mark Iwicki LinkedIn Profile  Mark Iwicki Twitter Account  Mark Iwicki News  Mark Iwicki on Facebook
Chief Medical Officer
Martin Freed
  Martin Freed LinkedIn Profile  Martin Freed Twitter Account  Martin Freed News  Martin Freed on Facebook
Chief Scientific Officer
Rick Batycky
  Rick Batycky LinkedIn Profile  Rick Batycky Twitter Account  Rick Batycky News  Rick Batycky on Facebook
VP - Regulatory Affairs
Mary Taylor
  Mary Taylor LinkedIn Profile  Mary Taylor Twitter Account  Mary Taylor News  Mary Taylor on Facebook
VP - Sales
Bryan Stuart
  Bryan Stuart LinkedIn Profile  Bryan Stuart Twitter Account  Bryan Stuart News  Bryan Stuart on Facebook

 

 

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Prev: 1/10/2011: Klout venture capital transaction
Next: 1/10/2011: Square venture capital transaction

 

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