VC: Bioheart expands venture round



Bioheart expands venture round

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Bioheart
Sunrise, FL

$19 million
undisclosed

Advent-Morro Equity Partners

Researchers are focused on a myogenic cell composition made up of adult muscle repair cells called myoblasts to repair damaged heart muscles.

Pervasis Therapeutics
Cambridge, MA

$12 million
second round

Highland Capital Partners

Researchers are at work integrating biomaterials with cells and drugs.

Newron Pharmaceuticals
Milan

€7 million
Second round add-on

TVM

Newron is involved in the ongoing phase III clinical development of Safinamide for the treatment of Parkinson's disease and phase II development of Ralfinamide for neuropathic pain.

BioLineRx
Jerusalem

$9 million
add-on

Giza Venture Capital, Pitango Venture Capital, Teva Pharmaceuticals Industries

BioLineRx plans to move BL-1020 for schizophrenia into human clinical trials in the first quarter of 2006.

Tessera
Seattle

$8.5 million
second round

undisclosed

Tessera has been developing tests for the early detection of prostate and colon cancer.