21:08 , Dec 30, 2016 |  BC Week In Review  |  Financial News

Strongbridge completes private placement and debt financing

Strongbridge raised $35 million through the sale of 14 million shares at $2.50 in a private placement led by CAM Capital and Vivo Capital. Broadfin Capital, Tavistock Group, HealthCap and institutional and individual investors also...
07:00 , Jun 20, 2016 |  BC Week In Review  |  Financial News

QLT proposes private placement

QLT Inc. (TSX:QLT; NASDAQ:QLTI), Vancouver, B.C.   Business: Drug delivery, Ophthalmic   Date announced: 2016-06-15   Type: Private placement   To be raised: About $22 million   Shares: TBD   Price: $1.76   Shares outstanding...
00:18 , Jun 4, 2016 |  BC Extra  |  Financial News

Lion raises $100M, names new CEO

Cancer immunotherapy company Lion Biotechnologies Inc. (NASDAQ:LBIO) raised $100 million in a private placement led by Quogue Capital, OrbiMed, Frazier Healthcare Partners and Broadfin Capital. The investor group is purchasing 11.4 million series B preferred...
07:00 , May 9, 2016 |  BC Week In Review  |  Financial News

QLT withdraws private placement

QLT Inc. (TSX:QLT; NASDAQ:QLTI), Vancouver, B.C.   Business: Ophthalmic, Drug delivery   Date announced: 2016-05-02   Type: Private placement   Investors: Broadfin Capital; JW Asset Management LLC ; EcoR1 Capital   Note: QLT terminated its...
07:00 , Jul 13, 2015 |  BC Week In Review  |  Financial News

Cortendo completes venture financing

Cortendo AB , Trevose, Pa.   Business: Endocrine/Metabolic   Date completed: 2015-07-02   Type: Venture financing   Raised: $33.2 million   Investors: Longwood Capital Partners; TVM Capital; Granite Point Capital; RA Capital Management; New Enterprise...
07:00 , Jul 13, 2015 |  BC Week In Review  |  Financial News

Recro completes private placement

Recro Pharma Inc. (NASDAQ:REPH), Malvern, Pa.   Business: Neurology   Date completed: 2015-07-07   Type: Private placement   Raised: $16 million   Shares: 1.4 million   Price: $11.60   Shares after offering: 9.2 million  ...
07:00 , Jun 15, 2015 |  BC Week In Review  |  Financial News

ContraFect completes private placement of common stock and warrants

ContraFect Corp. (NASDAQ:CFRX), Yonkers, N.Y.   Business: Infectious, Antibodies   Date completed: 2015-06-12   Type: Private placement of common stock and warrants   Raised: $20 million   Shares: 4.7 million   Price: $4.23   Shares...
07:00 , Jun 8, 2015 |  BC Week In Review  |  Financial News

Ardelyx completes private placement of common stock and warrants

Ardelyx Inc. (NASDAQ:ARDX), Fremont, Calif.   Business: Gastrointestinal, Renal, Endocrine/Metabolic   Date completed: 2015-06-03   Type: Private placement of common stock and warrants   Raised: $77.8 million   Shares: 7.2 million   Price: $10.70  ...
02:25 , Jun 4, 2015 |  BC Extra  |  Company News

Ardelyx regains tenapanor rights from AZ, raises $77.8M

Ardelyx Inc. (NASDAQ:ARDX) climbed $4.25 (40%) to $14.95 on Wednesday after it reacquired rights to tenapanor ( AZD1722 ) from AstraZeneca plc (LSE:AZN NYSE:AZN), unveiled new candidate RDX022 to treat hyperkalemia and raised $77.8 million...
07:00 , Apr 27, 2015 |  BC Week In Review  |  Financial News

Veracyte Inc completes private placement

Veracyte Inc . (NASDAQ:VCYT), South San Francisco, Calif.   Business: Diagnostic   Date completed: 2015-04-23   Type: Private placement   Raised: $40 million   Shares: 4.9 million   Price: $8.15   Shares after offering: 27.5...