Financings Round-up

10 September 1997

- Alexion Pharmaceuticals has closed a private placement of $10million in stock to BB Biotech; Xcyte Therapies, a private biopharmaceutical company formed from the merger of CDR Therapeutics and CellGenEx, has completed a $4.1 million Series B financing; Genzyme Molecular Oncology has raised $20 million in a private placement of 6% convertible debentures due in 2002; Neocrin Co has raised $16.5 million in private equity financing; Prizm Pharmaceuticals has completed a $4.2 million private round of financing; and Pharma Vision 2000 is to purchase $51.25 million of Tularik Preferred Stock in a private placement.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight