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Elixir Pharmaceuticals gets $17mm with private placement
20 Oct 2003
Executive Summary
Elixir Pharmaceuticals (drugs to slow the aging process) has raised $17mm with a private placement of Series B shares to lead investors Arch Venture Partners, MPM Capital, and Oxford Bioscience Partners. Other existing investors also participated. With the second tranche, the company brought in another $19mm, for a total of $40.5mm.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Financing
- Venture Financing
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