VC: Kalypsys gains $100M in third round



Kalypsys gains $100M in third round

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Kalypsys
San Diego, CA

$100M
Third

Tavistock Life Sciences

Kalypsys' pipeline includes KD3010 for metabolic disorders.

Concert Pharmaceuticals
Boston

$48M
Second

Flagship Ventures

The company will explore its technology and advance its pipeline into clinical evaluation.

Elixir Pharmaceuticals
Cambridge, MA

$46M
Third

MPM Capital

The money will be used to support its program for Glufast, a small molecule for the treatment of Type 2 diabetes, and other programs

Xanthus Pharmaceuticals
Cambridge, MA

$25M
Second

Oxford Bioscience Partners, HealthCare Ventures, GeneChem, GIMV, Hambrecht & Quist Capital Management, Still River Fund, Neomed, Kestrel Ventures, CDP Capital, CDIB BioScience Ventures, and Yasuda

Xanthus has five oncology therapies in its pipeline.

Cara Therapeutics
Tarrytown, NY

$19M
Third

MVM Life Science Partners and Alta Biopharma Partners

The money will get its next two drugs into the clinic.

Alimera Sciences
Atlanta, GA

$15.9M
Second

BA Venture Partners, Domain Associates, Intersouth Partners, Polaris Venture Partners and Venrock Associates, and several individual investors

The additional resources will be used to further develop Medidur, Alimera Sciences' Phase III-stage treatment for diabetic macular edema (DME).

Cardioxyl Pharmaceuticals
Towson, MD

$14.5M
First

The Aurora Funds and New Enterprise Associates

Much of the money will go to developing its nitroxyl donor program for the treatment of acute decompensated heart failure.

Quinnova Pharmaceuticals
Newtown, PA

$13.6M
First

Thomas, McNerney & Partners, H.I.G. Ventures and an investor syndicate led by Omnivest

The company will accelerate the development of its pipeline and introduce its first dermatological prescription drug products to market in 2007.

AmpliMed
Tucson, AZ

$8.5M
Second

Insight Ventures

The new funds will be used to complete Phase I and II trials of Amplimexon.

Aushon BioSystems
Burlington, MA,

$7.78M
First

North Bridge Venture Partners

Aushon provides microarray-based tools, instrumentation and services.