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Avid Radiopharmaceuticals raises $8.9mm in institutional round

Executive Summary

Molecular imaging company Avid Radiopharmaceuticals raised $8.9mm in an institutional financing round through the sale of Series A and Series B preferred stock to existing and new investors, respectively. Pfizer Strategic Investments Group led the financing, which was also backed by Lilly Ventures, RK Ventures LLC, and seed financer BioAdvance.
Deal Industry
  • In Vitro Diagnostics
  • Pharmaceuticals
    • Radiopharmaceuticals, Contrast Agents
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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