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Sarnoff forms Delsys to apply TV tech in pharmaceuticals

Executive Summary

Sarnoff Corp., a for-profit subsidiary of non-profit SRI International, formed Delsys Pharmaceutical to develop pharmaceutical products using an electrostic deposition process. HealthCare Ventures provided $6mm in venture financing.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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