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| ACT
Biotech |
NGN
Capital led a $24 million Series A financing of ACT Biotech,
a spin-out from Bayer Pharmaceuticals.
ACTB is a clinical stage bio-therapeutics company, dedicated
to developing and commercializing targeted oral cancer drugs
in a variety of solid tumor indications.
Dr. Georg Nebgen and John R. Costantino hold seats on the
board of directors. Dr. Bernard M. Peperstraete holds an
observer seat.
ACT Biotech is based in San Francisco, CA |
| Cerapedics,
Inc. |
|
NGN Capital led a $15 million Series B financing of Cerapedics,
Inc., a medical device company that is developing a bone
graft substitute for use in spinal fusion surgery and other
orthopedic procedures.
Cerapedics’ i-Factor putty, a novel osteobiologic
that includes a small peptide, enhances the natural bone
healing process but at a much lower cost than the leading
bone growth factor. Compared with the other options currently
in use, it is a more reliable enhancer of fusion and/or
has fewer potential side effects. i-Factor is currently
being evaluated in a large U.S. clinical trial that is expected
to prove that it is both safe and highly effective. i-Factor
carries the CE mark and is currently being sold outside
the U.S.
Kenneth S. Abramowitz holds a seat on the board of directors
and Dr. Peter Johann holds an observer seat.
Cerapedics is located in Westminster, CO.
Latest
News
www.cerapedics.com |
| Exosome
Diagnostics |
|
NGN Capital and Forbion Capital Partners co-led a $20 million
Series A financing of Exosome Diagnostics, a developer of
proprietary body-fluid based molecular diagnostic tests
with applications in oncology.
Exosome Diagnostics is developing body fluid-based cancer
diagnostics using its exosome-based technology for disease
stratification and patient response monitoring. Exosome
Diagnostics' technology allows for minimally invasive testing
of cancer specific genes from standard blood and urine samples.
Dr. Georg Nebgen and Dr. Peter Johann hold seats on the
board of directors. Dr. Bernard M. Peperstraete holds an
observer seat.
Exosome Diagnostics is headquartered in New York, NY, and
has a subsidiary in Munich, Germany.
Latest
news
http://www.exosomedx.com/
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| Medrium,
Inc. |
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NGN
Capital led a $10.5 million Series C financing of Medrium,
Inc., a roll-up of medical billing practices.
Medrium offers outsourced billing services for high-volume,
hospital-based physician practices primarily in the emergency
medicine and radiology specialties. With dedicated resources
and proprietary technology, Medrium provides several benefits
to clients such as reduced error/rejection rates, faster
reimbursement from payers, improved operational workflow,
and sophisticated analytics for managing time per procedure.
Medrium’s growth strategy involves completing acquisitions
in key specialties or geographic regions in a manner that
would take advantage of its existing technology and expertise.
John R. Costantino holds a seat on the board of directors
and Loren A. Busby holds an observer seat.
Medrium is headquartered in Morristown, NJ.
www.medrium.com
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| NOXXON
Pharma AG (NOXXON) |
|
NGN
Capital led a €33 million Series D round of financing,
joined by existing investors TVM Capital, Sofinnova Partners,
Edmond de Rothschild Investment Partners, Seventure Partners,
and others.
NOXXON Pharma AG (NOXXON) is a clinical stage biotechnology
company focused on the development of mirror image oligonucleotide
therapeutics called Spiegelmers® for the treatment of
inflammatory diseases and hematological disorders. Currently,
the company has two compounds in clinical development, and
one entering clinical development in 2011. The company has
pre-clinical Spiegelmers in additional indications
Dr. Peter Johann holds a seat on the board of directors.
Noxxon AG is based in Berlin , Germany
Latest news
http://www.noxxon.com/
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| Resverlogix
Corp. (TSX:RVX) |
|
NGN Capital led a $20 million PIPE financing of Resverlogix
Corp., a publicly traded biotechnology company listed on
the Toronto Stock Exchange (TSX).
Resverlogix is a clinical stage company with a proprietary
platform for discovery and development of orally available
small molecule inducers of ApoA1, a key functional component
of HDL (the “good” cholesterol). Resverlogix
also has programs to develop compounds that target molecular
markers of inflammation for the treatment of cardiovascular
disorders and Alzheimer´s Disease.
Dr. Peter Johann holds a seat on Resverlogix’ board
of directors.
Resverlogix is located in Calgary, Alberta.
Latest
News
www.resverlogix.com
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| Valtech
Cardio, Ltd |
|
NGN
Capital led a $7.75 million Series B financing of Valtech
Cardio, Ltd., a medical device company engaged in mitral
valve repair using minimally invasive technology.
Currently, repair of the mitral valve requires open heart
surgery. Valtech’s technology will allow for repair
of the mitral valve via a minimally invasive procedure.
Conversion of mitral valve repair to less invasive methods
is expected to reduce the risk, duration and cost of such
procedures and also considerably increase the pool of candidate
patients, many of whom are otherwise clinically unsuitable
for a traumatic open heart procedure.
Kenneth S. Abramowitz and Dr. Georg Nebgen hold seats on
the board of directors and Noah J. Kroloff holds an observer
seat.
Valtech Cardio, Ltd. is located in Or-Yehuda, Israel.
www.valtechcardio.com
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| Vivaldi
Biosciences, Inc. |
|
NGN
Capital co-led an initial investment of a targeted $30 million
Series A financing of Vivaldi Biosciences, Inc.
Vivaldi is an emerging flu vaccine company developing unique
live attenuated vaccines for seasonal and pandemic influenza.
Dr. Peter Johann and Dr. Georg Nebgen hold seats on the
board of directors. Dr. Ivica Cerina holds an observer seat.
Vivaldi is based in New York, New York.
www.vivaldibiosciences.com
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