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TRANSAVE, INC. RAISES $35 MILLION VIA PREFERRED STOCK.

Publication: Biotech Financial Reports
Publication Date: 01-MAY-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Transave, Inc., Monmouth Junction, N.J., a biopharmaceutical company focused on developing innovative inhaled pharmaceuticals for the site-specific treatment of serious lung diseases has raised an aggregate of $35 million pursuant to its recently completed preferred stock offering. Joining in...

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...the company's board are Richard Kollender from Quaker BioVentures and Steve Kraus from Bessemer Venture Partners, the lead investors the Series D financing. Also participating in the financing were TVM Capital, Prospect Venture Partners, Fidelity Biosciences, Forbion Capital Partners and Easton Capital, all having previously taken a leading investment...

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