VC: Espirit Pharma lands $91M in VC



Espirit Pharma lands $91M in VC

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Esprit Pharma
East Brunswick, NJ & San Francisco

$91M
Second

New Enterprise Associates, Apax Partners, Domain Associates, Montagu Newhall Global Partners and Oak Investment Partners

Esprit is focused on urology and women's health care specialty markets.

ESBATech
Switzerland

$41M
Second

SV Life Sciences, Clarus Ventures, HBM BioVentures and HBM BioCapital all participated with existing investors such as Novartis Venture Fund, BioMedinvest and VI Partners

The company has been building a human antibody fragment platform.

Acceleron
Troy, Michigan

$30M
Second

OrbiMed Advisors

Acceleron's lead candidate is ACE-011, an experimental therapy for bone loss that is now in early-stage clinical trials.

Cabrellis Pharmaceuticals
San Diego, CA

$27.5M
First

Domain Associates, Forward Ventures, Lilly Ventures, Novo A/S, ProQuest Investments, RBC Capital Partners, RiverVest Venture Partners, and S.R. One, Limited

Cabrellis will use the money to advance its oncology candidates, in particular Calsed, its third-generation anthracycline currently in Phase II.

Biodel
Danbury, CT

$21M
Second

Great Point Partners, OrbiMed Advisors, and Vivo Ventures

Biodel develops drug delivery technologies.

Transport Pharmaceuticals
Philadelphia and Framingham, MA

$12.6M
Fourth

Quaker BioVentures

Transport develops new therapies for dermatological conditions.