Financings/Collaborations In Brief: IntraBiotics Pharmaceuticals
Executive Summary
IntraBiotics Pharmaceuticals: Privately held antimicrobial drugs R&D firm completes $8.3 mil. second round of financing. The Sprout Group led the financing, which also had input from IntraBiotic's original investors, Brinson Partners and St. Paul Ventures. Proceeds from the financing will be used to support R&D, including the start of clinical trials for the company's lead compound, IB-367, for the treatment of oral mucositis associated with chemo- and radiotherapies...
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