Tech Company Financing Transactions

Locus Pharmaceuticals Funding Round

On 2/13/2007, Locus Pharmaceuticals landed $30.2 million in investment from HBM Healthcare Investments, Novartis BioVenture Fund and L Capital Partners.

Transaction Overview

Company Name
Locus Pharmaceuticals
Announced On
2/13/2007
Transaction Type
Venture Equity
Amount
$30,200,000
Round
Undisclosed
Investors

HBM Healthcare Investments (Lead Investor) (Erich Platzer)

Novartis BioVenture Fund (Lead Investor) (Markus Goebel)

L Capital Partners (Ting Oei)

Prism VentureWorks

SR One Capital Management (Joyce Lonergan)

Proceeds Purpose
The proceeds from the financing, combined with partnering income from external collaborations, are expected to fund Locus' operations for several years during which time the Company anticipates having human clinical data for its lead programs in oncology and inflammation.

Company Information

Company Status
Out of Business
Industry
Biopharmaceutical
Mailing Address
512 E. Township Line Road
Blue Bell, PA 19422
USA
Phone
(215) 358-2000
Website
www.locuspharma.com
Email Address
[email protected]
Overview
Locus Pharmaceuticals is a privately held pharmaceutical company focused on developing novel, small molecule therapeutic drugs to address major unmet medical needs. The foundation and competitiveness of Locus is based on the effective integration of our revolutionary computational technology with chemistry and biology expertise.
Profile
Locus Pharmaceuticals LinkedIn Company Profile
Social Media
Locus Pharmaceuticals Company Twitter Account
Company News
Locus Pharmaceuticals News
Facebook
Locus Pharmaceuticals on Facebook
YouTube
Locus Pharmaceuticals on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Joan Lau
  Joan Lau LinkedIn Profile  Joan Lau Twitter Account  Joan Lau News  Joan Lau on Facebook
Chief Financial Officer
David Whitwell
  David Whitwell LinkedIn Profile  David Whitwell Twitter Account  David Whitwell News  David Whitwell on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/13/2007: Bridge Laboratories venture capital transaction
Next: 2/14/2007: Preclick venture capital transaction

 

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