Light Sciences Oncology - Top 20 VC deals of 2008

Company: Light Sciences Oncology
Based: Bellevue, WA
Amount: $41M

Investors: Novo, Essex Woodlands Health Ventures, Undisclosed Firm, Undisclosed Firm, Adams Street Partners, Undisclosed Firm

Scoop: Light Sciences Oncology, which is developing Light Infusion Therapy (Litx) to treat cancer and other conditions, closed its Series C round of financing in July. Researchers at the company are undertaking two Phase III clinical trials in patients with hepatocellular carcinoma and metastatic colorectal cancer. There's also a planned Phase III trial in glioblastoma multiforme, and early stage clinical trials in benign prostatic hyperplasia.