Tech Company Financing Transactions
Novita Therapeutics Funding Round
On 5/31/2011, Novita Therapeutics raised $3 million in funding from Open Prairie Ventures.
Transaction Overview
Company Name
Announced On
5/31/2011
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Open Prairie Ventures (Michael Peck)
Proceeds Purpose
Novita identifies opportunities to develop new and innovative medical devices and pharmaceuticals, sources intellectual property and completes key "proof-of-concept" research to validate the product opportunities. Novita then builds a business plan around the products, raises capital, identifies an initial leadership team, and spins the product assets out of Novita into a new company.
Company Information
Company Status
Out of Business
Industry
Biopharmaceutical
Mailing Address
10900 S. Clay Blair Blvd 200
Olathe, KS 66061
USA
Olathe, KS 66061
USA
Phone
Website
Email Address
Overview
At Novita Therapeutics, we are developing innovative new drugs and medical devices to help people live longer, healthier lives.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nicholas Franano
VP - Finance
William Whitaker
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