Microbia - Top 20 VC deals of 2007

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Company: Microbia
Based: Cambridge, MA
Amount: $50M
Round: Fifth
Investors: Fidelity Biosciences, Maverick Capital, Morgan Stanley Private Equity, Paperboy Ventures, Polaris Venture Partners, Sigma Capital, Undisclosed Venture Firm, Venrock Associates

Scoop: Gastrointestinal and cardiovascular therapies make up the focus of Microbia's business. It is developing linaclotide, a first-in-class compound for constipation-predominant irritable bowel syndrome and other gastrointestinal problems. Linaclotide is orally delivered. In 2007 Microbia landed a $330 million deal with Forest Laboratories for the Phase II drug. The company is also developing a cholesterol absorption inhibitor. Microbia was a 2006 Fierce 15 company.

More News:
Microbia, Forest ink $330M deal. Report
Microbia lands whopping $75M fifth round. Report