TODAY'S HEADLINES:
InfraReDx occupies USD 17M for arterial-plaque detection
(VentureWire)
Malignant neoplastic disease-drug developer Serenex deals extinct to Pfizer for unrevealed amount
(release)
Living-sciences fund Longitude Capital raises USD 95M
(VentureWire)
Infirmary advisor Liaise Wellness name calling Gray Glenn Miller as Chief operating officer
(release)
InfraReDx uses up USD 17M for arterial-plaque detection -InfraReDx, a Burlington, Mickle., developer of symptomatic schemes that find arterial plaque, brocaded USD 17 000 000 in an one support round, VentureWire reportsSanderling Ventures took the round, united by novel and old individual investors.
InfraReDx antecedently plotted to lift up to USD 40 000 000 in order to back up anticipated commercialisation of its near-infrared device, that can place buildups of arterial plaque that can snap and lead to heart attacks (realize our insurance coverage). The trial, withal, involves a minimally incursive process in that the device is wound into a patient's circulative scheme, devising the InfraReDx device in the main utile for forestalling sec heart attacks in affected roles who are being hardened for their first.
The companionship subjected its device for Food and Drug Administration blessing in October, and is bing after on a confined rollout if the device is uncluttered this quarter, as InfraReDx anticipates.
Living-sciences fund Longitude Capital raises USD 95M - Menlo Park, Kaliph.-based Longitude Partners, a spinout of Pequot Ventures, brocaded USD 95 000 000 of an awaited USD 325 000 000 first fund, VentureWire reports. The fund will place in biotechnology, medical-device and drug-evolution inaugurations.
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